Company: COOT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005620
Chunk: 30

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 30
---
,180

    273,676

    1,266,856

    968,216

    273,676

    1,241,892

(b)
Superannuation contributions

 Schedule
of Superannuation Contributions

    2024

    2023

    Three
    Months Ended 30 September

    2024

    2023

    AUD$

    AUD$

    Contributions
    to superannuation funds on behalf of employees

    58,940

    50,078

22
Fair value measurement

A
fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits
by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest
and best use.

The
Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair
value, maximising the use of relevant observable inputs and minimising the use of unobservable inputs.

In
addition, for financial reporting purposes, fair value measurements are categorised into Level 1, 2 or 3 based on the degree to which
the inputs to the fair value measurement are observable and the significance of the inputs to the fair value measurement in its entirety,
which are described as follows:

    ●
    Level
    1: quoted market price (unadjusted) in an active market for identical assets or liabilities that the entity can access at the measurement
    date.

    ●
    Level
    2: inputs other than quoted prices included within Level 1 that are observable for the asset or liability; either directly or indirectly.

    ●
    Level
    3: inputs that are unobservable inputs for the asset or liability.

     27 

The
carrying amounts of the financial assets and financial liabilities approximate their fair values.

The
fair values of cash and cash equivalents, prepaid assets, accounts payable and accrued expenses are estimated to approximate the carrying
values as of 30 September 2024 and 30 June 2024, due to the short maturities of such instruments.

The
following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis on 30
September 2024 and 30 June 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such
fair value:

 Schedule
of