Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 162

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 162
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 term of12months or less.

New standards and amendments adopted

Several new standards, amendments to standards
and interpretations that are effective for annual periods beginning on January 1, 2024, have been applied in preparing these consolidated
financial statements. None of these had a material effect on the Company’s consolidated financial statements.

New standards and amendments not yet adopted

IFRS 18, “ Presentation and Disclosure in Financial Statements”
(“ IFRS 18”)

IFRS 18 replaces IAS 1, “ Presentation of
Financial Statements” (“ IAS 1”). As part of the new disclosure requirements, companies will be required to present new
defined subtotals in the statement of profit or loss, as follows: (i) operating profit and (ii) profit before financing and tax. In addition,
items in the statement of profit or loss will be classified into three defined categories: operating, investment and financing. The standard
also includes a requirement to provide a separate disclosure in the financial statements regarding the use of management-defined performance
measures (“non-GAAP measures”), and specific instructions were added for the grouping and splitting of items in the financial
statements and their accompanying notes. IFRS 18 is effective for annual reporting periods beginning on or after January 1, 2027, with
an option for early adoption. The Company is currently in a preliminary stage of assessing the expected effect of this new standard.

NOTE 3 - FINANCIAL INSTRUMENTS AND
FINANCIAL RISK MANAGEMENT:

Financial risk management

The Company’s activities expose it to a
variety of financial risks. The Company’s overall risk management program focuses on the unpredictability of financial markets and
seeks to minimize potential adverse effects on the Company’s financial performance. Risk management is carried out by the Company’s
finance department in accordance with a policy approved by the Board of Directors. The Company’s finance department identifies,
evaluates and hedges the financial risks. The Board of Directors provides written principles for the overall management of the risks.

Credit risk

Credit risk arises mainly from cash and cash equivalents,
bank deposits, trade receivables and debt investments measured at fair value through OCI. For cash, cash equivalents and bank deposits,
the Company estimates that since the liquid instruments are mainly invested with highly rated institutions, the credit and interest risks
associated with these balances are low. Credit risk of trade receivables is the risk that customers may fail to pay their debts. The Company
mitigates the risk by