The model contains one compartment called "compartment". There are two species named S1 and S2. The model contains one reaction defined as:

Reaction Rate
S1 → S2 compartment · k · S1

Reaction S1 → S2 defines one local parameter k.

The model contains one initialAssignment that assigns the initial value for compartment:

Variable Formula
compartment 534 · 0.001

Note: InitialAssignments override any declared initial values. In this case the value from the initialAssignment is consistent with the value attributed to the compartment by the model definition.

The initial conditions are as follows:

Value Units
Initial amount of S1 1.5 × 10−2 mole
Initial amount of S2 0.0 mole
Value of local parameter k 100 second-1
Volume of compartment "compartment" 0.534 litre

The species values are given as amounts of substance to make it easier to use the model in a discrete stochastic simulator, but (as per usual SBML principles) their symbols represent their values in concentration units where they appear in expressions.