Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Finance (Income)

v3.8.0.1
Finance (Income)
 12 Months Ended
Dec. 31, 2017
Finance Income  
FINANCE (INCOME)
NOTE 15:- FINANCE (INCOME)

 

      Year ended December 31,  
      2017     2016     2015  
      NIS in thousands  
  Finance expenses:                  
                     
  Bank commissions     102       105       76  
  Issuance expenses related to warrants exercisable into shares     1,132       -       2,116  
  Net loss from exchange rate fluctuations     2,572       580       -  
  Financial expenses from defined benefit plans     -       -       11  
 

Other loss from long-term investment revaluation

    

16

       -       -  
                           
       

3,822

       685       2,203  
  Finance income:                        
                           
  Interest income on bank deposits     (249 )     (342 )     (87 )
  Net gain from exchange rate fluctuations     -       -       (492 )
  Net change in fair value warrants exercisable into shares     (10,148 )     (6,657 )     (6,913 )
                           
        (10,397 )     (6,999 )     (7,492 )