NOTE 23 - RELATED PARTIES:
Key Management Personnel Compensation and other related
party transactions and balances:
The key management personnel, among others, include board
members, CEO and CFO.
The totals of remuneration paid to Key Management Personnel
and related parties during the years are as follows:
SCHEDULE
OF KEY MANAGEMENT PERSONNEL
1. Transactions with related parties: | |
December 31, 2024 | | |
December 31, 2023 | |
Share based payments | |
| 2,675 | | |
| 2,084 | |
Short-term salary and fees | |
| 661 | | |
| 803 | |
Revaluation of financial liabilities at fair value | |
| 344 | | |
| 1,204 | |
Payments for legal services | |
| 337 | | |
| 287 | |
Post-employment retirement benefits | |
| 98 | | |
| 98 | |
Non-monetary benefits | |
| 41 | | |
| 49 | |
Payment for Administrative services | |
| - | | |
| 34 | |
Conversion of loan to ordinary shares | |
| - | | |
| 657 | |
Short-term salary until deletion | |
| - | | |
| 22 | |
Key management
personnel compensation | |
| 4,156 | | |
| 5,238 | |
SMX (SECURITY MATTERS) PUBLIC
LIMITED COMPANY
NOTES TO THE CONSOLIDATED FINANCIAL
STATEMENTS
(US$ in thousands) |
 |
NOTE 23 - RELATED PARTIES (CONT.):
SCHEDULE
OF BALANCE WITH RELATED PARTIES
2. Balance with related parties: | |
| |
December 31, 2024 | | |
December 31, 2023 | |
Key management | |
Salary and related | |
| (166 | ) | |
| (219 | ) |
Directors | |
Consultant services | |
| (83 | ) | |
| - | |
Joint Ventures | |
Investment in subsidiary | |
| 105 | | |
| 115 | |
Joint Ventures | |
Other receivables | |
| 15 | | |
| 15 | |
Shareholders | |
Other accounts payable | |
| - | | |
| (3 | ) |
Shareholders | |
Trade payables | |
| - | | |
| (58 | ) |
Shareholders | |
Derivatives | |
| - | | |
| (476 | ) |
| |
| |
| (129 | ) | |
| (626 | ) |
|