FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of March 2017
ELRON ELECTRONIC INDUSTRIES LTD.
(Translation of Registrant’s Name into English)
3Azrieli Center, Triangle Building, 42nd Floor, Tel Aviv • ISRAEL
(Address of Principal Corporate Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F
þ
Form 40-F
☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___
Indicate by check mark if the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes ☐
No ☐
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-(2): 82-_______
1. English Translation of Financial Data from the Consolidated Financial Statements Attributable to the Company's shareholders.
2. Registrant's Form 126 filed with the Israeli Securities Authority on March 21, 2017
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ELRON ELECTRONIC INDUSTRIES LTD.
(Registrant)
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By:
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/s/ Yaron Elad
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Yaron Elad
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VP & CFO
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Dated: March 21, 2017
Elron Electronic Industries Ltd.
English Translation of Financial Data from the
Consolidated Financial Statements
Attributable to the Company's shareholders
As of
December 31, 2016
US dollars in thousands
Contents
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Page
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2-4
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5-6
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7
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8
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9-10
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11-13
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The Shareholders of Elron Electronic Industries Ltd.
Azrieli Center, 42 floor
Tel Aviv, 69306
Israel
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Re:
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Special auditors' report of the separate financial information
in accordance with Regulation 9c to the Israeli Securities Regulations
(Periodic and Immediate Reports), 1970
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We have audited the separate financial information presented in accordance with Regulation 9c to the Israeli Securities Regulations (Periodic and Immediate Reports), 1970 of Elron Electronic Industries Ltd. (the "Company") as of December 31, 2016 and for the year ended December 31, 2016, as disclosed on the Company's periodic report. The Company's board of directors and management are responsible for the separate financial information. Our responsibility is to express an opinion on the separate financial information based on our audit.
The separate financial statements of the Company as of December 31, 2015 and for each of the two years in the period ended December 31, 2015 were audited only by Kost Forer Gabbay & Kasierer,
A Member of Ernst & Young Global,
and its report dated March 10, 2016 expressed an unqualified opinion thereon.
We did not audit the financial statements of one associate, the investment in which, at equity, amounted to approximately $2,490 thousand as of December 31, 2016, and the Company's share in its comprehensive loss amounted to approximately $
743
thousand for the year ended December 31, 2016. The financial statements of this company were audited by other auditor, whose reports have been furnished to us, and our conclusion, insofar as it relates to the financial statements in respect of this company, is based on the reports of the other auditor.
We conducted our audit in accordance with generally accepted auditing standards in Israel. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the separate financial information is free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the separate financial information. An audit also includes assessing the accounting principles used and significant estimates made by the board of directors and management, as well as evaluating the overall separate financial information presentation. We believe that our audit and the report of the other auditor provide a reasonable basis for our opinion.
In our opinion, based on our audit and the report of the other auditor, the separate financial information referred to above is prepared, in all material respects, in conformity with Regulation 9c to the Israeli Securities Regulations (Periodic and Immediate Reports), 1970.
Tel-Aviv, Israel
March 21, 2017
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KOST FORER GABBAY & KASIERER
A Member of Ernst & Young Global
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Kesselman & Kesselman
Certified Public Accountants (Isr.)
A member firm of PriceWaterhouseCoopers International Limited
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Kost Forer Gabbay & Kasierer
3 Amindav St.
Tel-Aviv 6706703, Israel
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Tel: +972-3-6232525
Fax: +972-3-5622555
ey.com
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The Shareholders of Elron Electronic Industries Ltd.
Azrieli Center, 42 floor
Tel Aviv, 69306
Israel
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Re:
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Special auditors' report of the separate financial information
in accordance with Regulation 9c to the Israeli Securities Regulations
(Periodic and Immediate Reports), 1970
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We have audited the separate financial information presented in accordance with Regulation 9c to the Israeli Securities Regulations (Periodic and Immediate Reports), 1970 of Elron Electronic Industries Ltd. (the "Company") as of December 31, 2015 and for each of the two years the latest of which ended on December 31, 2015, as disclosed on the Company's periodic report. The Company's board of directors and management are responsible for the separate financial information. Our responsibility is to express an opinion on the separate financial information based on our audits.
We conducted our audits in accordance with generally accepted auditing standards in Israel. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the separate financial information is free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the separate financial information. An audit also includes assessing the accounting principles used and significant estimates made by the board of directors and management, as well as evaluating the overall separate financial information presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, based on our audits, the separate financial information referred to above is prepared, in all material respects, in conformity with Regulation 9c to the Israeli Securities Regulations (Periodic and Immediate Reports), 1970.
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Tel-Aviv, Israel
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KOST FORER GABBAY & KASIERER
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March 21, 2017
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A Member of Ernst & Young Global
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Special Report Pursuant to Regulation 9(c)
Financial Data and Information from the Consolidated Financial Statements Attributable
to Elron Electronic Industries Ltd. ("the Company")
The following separate financial data and information attributable to the Company ("Separate Data") are derived from the Company's Consolidated Financial Statements as of December 31, 2016 ("Consolidated Financial Statements"), which form part of the Company's periodic reports. The Separate Data is presented in accordance with Regulation 9(c) of the Israel Securities Law Regulations (Periodic and Immediate Statements) – 1970.
The significant accounting policies followed in the preparation of the following Separate Data are identical to those applied in the preparation of the Company's Consolidated Financial Statements.
Presentation of transactions which were eliminated in the Consolidated Financial Statements
Intercompany balances, transactions and cash flows between the Company and its subsidiaries were eliminated in the preparation of the Consolidated Financial Statements.
In the Separate Data, such transactions are presented as follows:
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¡
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Financial position data
attributable to the Company include balances in respect of the Company's subsidiaries which were eliminated in the Consolidated Financial Statements.
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¡
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Income and loss data attributable to the Company include income and expenses of the Company resulting from transactions with its subsidiaries, which were eliminated in the Consolidated Financial Statements.
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¡
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Cash flow data attributable to the Company include cash flows between the Company and its subsidiaries which were eliminated in the Consolidated Financial Statements.
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Elron Electronic Industries Ltd.
Data from the Consolidated Financial Statements
of Financial Position Attributable to the Company as of
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December 31
,
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2016
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2015
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$ thousands
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Current assets
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Cash and cash equivalents (Note 2)
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8,701
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13,895
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Bank deposits (Note 5)
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-
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39,145
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Other investments in securities (Note 5)
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25,284
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23,115
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Other accounts receivable
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3,032
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406
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37,017
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76,561
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Non‑current assets
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Investments in subsidiaries and associates, net
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139,288
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136,783
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Investments in other companies measured at fair value
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19,408
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19,107
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Long-term receivables (Note 5)
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269
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2,303
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Property, plant and equipment, net
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25
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10
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158,990
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158,203
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Total assets
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196,007
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234,764
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The accompanying additional information is an integral part of the separate financial data and information.
Elron Electronic Industries Ltd.
Data from the Consolidated Financial Statements of Financial Position Attributable to the Company as of
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December 31
,
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2016
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2015
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$ thousands
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Current liabilities
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Trade payables
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192
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87
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Other accounts payable
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3,730
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2,910
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3,922
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2,997
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Long-term liabilities
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Other long term liabilities (Note 3)
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74,649
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73,560
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74,649
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73,560
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Equity attributable to the Company's shareholders
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Issued capital
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9,573
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9,573
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Share premium
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190,753
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190,753
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Capital reserves
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4,128
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3,085
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Accumulated deficit
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(87,018
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)
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(45,204
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)
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Total equity
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117,436
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158,207
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196,007
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234,764
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The accompanying additional information is an integral part of the separate financial data and information.
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Eduardo Elsztain
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Ari Bronshtein
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Yaron Elad
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Chairman of the Board of Directors
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Chief Executive Officer
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Vice President &
Chief Financial Officer
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Approval date of the annual consolidated financial statements: March 21, 2017.
Elron Electronic Industries Ltd.
Data from the Consolidated Financial Statements
of Income (Loss) Attributable to the Company
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Year ended
December 31
,
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2016
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2015
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2014
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$ thousands
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Income
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Financial income (Note 3)
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1,029
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899
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8,875
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Expenses
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General and administrative expenses
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4,245
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4,608
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5,086
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Financial expenses (Note 3)
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1,049
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|
|
101
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|
|
|
54
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|
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Other expenses, net
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2,238
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|
|
43
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|
5
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|
|
|
|
|
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|
|
|
|
|
|
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|
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7,532
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|
|
|
4,752
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5,145
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|
|
|
|
|
|
|
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|
|
|
|
|
|
|
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(6,503
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)
|
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|
(3,853
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)
|
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|
3,730
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|
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|
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Gain (loss) from disposal and revaluation of investee companies and changes in holdings, net
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(2,523
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)
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|
14,674
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114,764
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Company's share of loss of subsidiaries and associates, net
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|
(16,726
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)
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|
(8,370
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)
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|
(3,228
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)
|
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|
|
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|
|
|
|
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Income (loss) before taxes on income
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(25,752
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)
|
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|
2,451
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|
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115,266
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|
|
Taxes on income
|
|
|
(1,062
|
)
|
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|
-
|
|
|
|
(29,772
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)
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to the Company's shareholders
|
|
|
(26,814
|
)
|
|
|
2,451
|
|
|
|
85,494
|
|
The accompanying additional information is an integral part of the separate financial data and information.
Elron Electronic Industries Ltd.
Data from the Consolidated Financial Statements
of Comprehensive Income (Loss) Attributable to the Company
|
|
|
Year ended
December 31
,
|
|
|
|
|
2016
|
|
|
2015
|
|
|
2014
|
|
|
|
|
$ thousands
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to the Company's shareholders
|
|
|
(26,814
|
)
|
|
|
2,451
|
|
|
|
85,494
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive loss:
|
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|
|
|
|
|
|
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|
|
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|
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|
|
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Amounts that would never be reclassified to profit or loss:
|
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|
|
|
|
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|
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|
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|
|
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|
|
|
|
|
|
|
|
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Loss from financial assets measured at fair value through other comprehensive income
|
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|
-
|
|
|
|
(30
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)
|
|
|
(421
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)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loss that would never be reclassified to profit or loss
|
|
|
-
|
|
|
|
(30
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)
|
|
|
(421
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)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amounts that are classified or may be reclassified to profit or loss under certain conditions:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation differences for foreign operation
|
|
|
(81
|
)
|
|
|
(93
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)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loss that would be reclassified to profit or loss
under certain conditions
|
|
|
(81
|
)
|
|
|
(93
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)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total other comprehensive loss attributable to the Company
|
|
|
(81
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)
|
|
|
(123
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)
|
|
|
(421
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)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income (loss) attributable to the Company's shareholders
|
|
|
(26,895
|
)
|
|
|
2,328
|
|
|
|
85,073
|
|
The accompanying additional information is an integral part of the separate financial data and information.
Elron Electronic Industries Ltd.
Data from the Consolidated Financial Statements
of Cash Flows Attributable to the Company
|
|
|
Year ended
December 31
,
|
|
|
|
|
2016
|
|
|
2015
|
|
|
2014
|
|
|
|
|
$ thousands
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from operating activities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) attributable to the Company
|
|
|
(26,814
|
)
|
|
|
2,451
|
|
|
|
85,494
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income (loss) to net cash used in operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustment to the profit or loss items:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Company's share of loss of subsidiaries and associates, net
|
|
|
16,726
|
|
|
|
8,370
|
|
|
|
3,228
|
|
|
Depreciation
|
|
|
-
|
|
|
|
16
|
|
|
|
13
|
|
|
Financial Income, net
|
|
|
(1,371
|
)
|
|
|
(1,240
|
)
|
|
|
(365
|
)
|
|
Stock based compensation
|
|
|
-
|
|
|
|
-
|
|
|
|
(239
|
)
|
|
Taxes on income
|
|
|
1,062
|
|
|
|
-
|
|
|
|
29,772
|
|
|
Loss (gain) from disposal and revaluation of investee companies and changes in holdings, net
|
|
|
2,523
|
|
|
|
(14,674
|
)
|
|
|
(114,764
|
)
|
|
Other
|
|
|
(189
|
)
|
|
|
(39
|
)
|
|
|
400
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,751
|
|
|
|
(7,567
|
)
|
|
|
(81,955
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Changes in assets and liabilities of the Company:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Decrease (increase) in other accounts receivable
|
|
|
81
|
|
|
|
(145
|
)
|
|
|
(41
|
)
|
|
Increase (decrease) in trade payables
|
|
|
105
|
|
|
|
34
|
|
|
|
(26
|
)
|
|
Increase (decrease) in other accounts payable
|
|
|
1,400
|
|
|
|
134
|
|
|
|
(404
|
)
|
|
Increase (decrease) in other long term liabilities
|
|
|
1,089
|
|
|
|
(252
|
)
|
|
|
(8,889
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,675
|
|
|
|
(229
|
)
|
|
|
(9,360
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash paid and received during the year for:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Taxes paid
|
|
|
(1,642
|
)
|
|
|
-
|
|
|
|
-
|
|
|
Interest paid
|
|
|
-
|
|
|
|
-
|
|
|
|
(12
|
)
|
|
Interest received
|
|
|
876
|
|
|
|
899
|
|
|
|
377
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(766
|
)
|
|
|
899
|
|
|
|
365
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash used in operating activities
|
|
|
(6,154
|
)
|
|
|
(4,446
|
)
|
|
|
(5,456
|
)
|
Elron Electronic Industries Ltd.
Data from the Consolidated Financial Statements of Cash Flows Attributable to the Company
|
|
|
Year ended
December 31
,
|
|
|
|
|
2016
|
|
|
2015
|
|
|
2014
|
|
|
|
|
$ thousands
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from investment activities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase of property and equipment
|
|
|
(15
|
)
|
|
|
-
|
|
|
|
(1
|
)
|
|
Investment in associates and subsidiaries
|
|
|
(21,525
|
)
|
|
|
(24,443
|
)
|
|
|
(11,081
|
)
|
|
Proceeds from sale of investments in associates and subsidiaries
|
|
|
28
|
|
|
|
10,799
|
|
|
|
204,016
|
|
|
Proceeds from sale of financial assets measured at fair value
|
|
|
-
|
|
|
|
188
|
|
|
|
203
|
|
|
Other investments in securities
|
|
|
(1,970
|
)
|
|
|
(23,307
|
)
|
|
|
-
|
|
|
Withdrawal (investment) of deposits in banks, net
|
|
|
39,442
|
|
|
|
21,748
|
|
|
|
(60,037
|
)
|
|
Dividend from investee company
|
|
|
-
|
|
|
|
26
|
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash provided by (used in) investment activities
|
|
|
15,960
|
|
|
|
(14,989
|
)
|
|
|
133,100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from financing activities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend paid to the Company's shareholders
|
|
|
(15,000
|
)
|
|
|
-
|
|
|
|
(110,000
|
)
|
|
Repayment of loans from banks
|
|
|
-
|
|
|
|
-
|
|
|
|
(4,000
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net cash used in financing activities
|
|
|
(15,000
|
)
|
|
|
-
|
|
|
|
(114,000
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (decrease) in cash and cash equivalents
|
|
|
(5,194
|
)
|
|
|
(19,435
|
)
|
|
|
13,644
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents as of beginning of the year
|
|
|
13,895
|
|
|
|
33,330
|
|
|
|
19,686
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents as of end of the year
|
|
|
8,701
|
|
|
|
13,895
|
|
|
|
33,330
|
|
The accompanying additional information is an integral part of the separate financial data and information.
1.
General
The accompanying condensed separate financial data as of December 31, 2016, have been prepared in accordance with Regulation 9(c) of the Israel Securities Law Regulations (Periodic and Immediate Reports), 1970. The accompanying separate financial data should be read in conjunction with the Company's consolidated financial statements for 2016 ("Consolidated Financial Statements").
|
2.
|
Cash and Cash equivalents
attributed to the Company (excluding amounts attributed to subsidiaries and associates)
|
|
|
|
December 31
|
|
|
|
|
2016
|
|
|
2015
|
|
|
|
|
|
|
|
|
|
|
In U.S. dollar
|
|
|
8,687
|
|
|
|
13,810
|
|
|
In NIS (unlinked)
|
|
|
14
|
|
|
|
85
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,701
|
|
|
|
13,895
|
|
|
3.
|
Other long term liabilities
|
Other long term liabilities include liabilities towards Elbit Ltd. which is a fully owned subsidiary of Elron. The balance is comprised of non-interest bearing and unlinked NIS capital notes. Exchange rate differences on these capital notes are included under line item financial income or financial expenses in the statement of income (loss).
On January 22, 2017, subsequent to the reporting date, Elbit distributed a dividend to Elron in the amount of approximately $30,247 which was used in order to repay the majority of the capital note in the amount of approximately $30,686, out of the capital notes mentioned above.
In June 2016, the Court approved the dividend distribution of $15,000 (constituting an amount of $0.504307 per share) not out of the Company's profits, pursuant to Section 303 of the Israeli Companies Law, 1999. On August 29, 2016, in accordance with the approval of the Court, the Company's Board of Directors approved the distribution of a dividend in the amount of $15,000. On September 26, 2016 the dividend was distributed to the Company's shareholders.
On August 24, 2014, the Company declared a dividend in an amount of $110,000 (approximately $3.698 per share). In September 2014, the dividend was paid to the Company's shareholders.
|
5.
|
Financial assets attributable to the company Pursuant to IFRS 9:
|
|
|
|
December 31,
|
|
|
|
|
2016
|
|
|
2015
|
|
|
Financial assets measured at amortized cost:
|
|
|
|
|
|
|
|
Other accounts receivable
|
|
|
319
|
|
|
|
406
|
|
|
Bank deposits
|
|
|
-
|
|
|
|
39,145
|
|
|
Escrow deposits
|
|
|
1,269
|
|
|
|
1,280
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets measured at fair value through profit or loss:
|
|
|
|
|
|
|
|
|
|
Investments in other companies measured at fair value through profit or loss
|
|
|
19,408
|
|
|
|
19,107
|
|
|
Debentures (A)
|
|
|
25,284
|
|
|
|
23,115
|
|
|
Contingent consideration (B)
|
|
|
1,713
|
|
|
|
1,023
|
|
|
|
(A)
|
Investment in debentures denominated in USD, carrying a Libor- linked interest.
|
|
|
(B)
|
Includes a contingent consideration related to the sale of Jordan Valley Semiconductors Ltd. For further details, see Note 7.C to the Consolidated Financial Statement.
|
|
|
A.
|
Tax laws applicable to the Company
|
For information about the tax laws applicable to the Company see Note 16 to the Consolidated Financial Statements.
|
|
B.
|
Tax assessments attributed to the Company
|
The Company received final tax assessments through 2014, included.
|
|
C.
|
Carryforward tax losses and other temporary differences attributed to the Company
|
As of December 31, 2016, the Company has operating carryforward tax losses in the amount of $182,000, capital losses in the amount of $12,000 and temporary differences of approximately $52,000.
As of December 31, 2016, Deferred tax assets relating to the aforesaid carryforward operating losses and to other temporary differences of approximately $57,000 were not recognized because their utilization in the foreseeable future is not probable.
|
7.
|
Balances and transaction with subsidiaries and associates
|
|
|
A.
|
Balances with subsidiaries and associates
|
Composition
|
|
|
December 31,
|
|
|
|
|
2016
|
|
|
2015
|
|
|
|
|
|
|
|
|
|
|
Other accounts receivable
|
|
|
63
|
|
|
|
67
|
|
|
Other accounts payable
|
|
|
27
|
|
|
|
21
|
|
|
Capital note (see Note 3 above)
|
|
|
74,649
|
|
|
|
73,560
|
|
|
|
|
The Company granted some of its subsidiaries and associates loans which are presented in the Company's statement of financial position as part of investments in subsidiaries and associates. The Company recorded interest income related to the loans mentioned above in the amount of $101 in its statement of income for 2016 (approximately $63 in 2015 and $31 in 2014).
For more information about loans which the Company granted its subsidiaries and associates see Note 3 to the Consolidated Financial Statements.
|
|
Liabilities report of the Company by repayment date
|
|
Section 36a to the Israel Securities Law (1968)
|
|
Report as of December 31, 2016
|
|
|
|
|
|
|
|
|
Following are the liabilities of the Company by repayment date:
|
|
|
|
|
|
|
|
The following data are presented in NIS and were translated from USD to NIS using the exchange rate as of December 31, 2016 (1 USD = 3.845 NIS)
|
|
|
|
|
|
|
|
|
|
|
|
|
A. Debentures issued to the public by the reporting Entity and held by the public, excluding debentures held by the Company's parent ,controlling shareholder, companies controlled by one of the parties mentioned above or by companies controlled by the company - based on separate financial data of the Entity ("Solo" reports) (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of tax)
|
Toatal by
years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of tax)
|
Toatal by
years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
C. Bank credit from Israeli banks - based on separate financial data of the Entity ("Solo" reports) (NIS in thousands)
|
|
Principle repayment
|
Gross interest payments (excluding deduction of tax)
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
D. Bank credit from non-Israeli banks - based on separate financial data of the Entity ("Solo" reports) (NIS in thousands)
|
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of tax)
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
E. Summary of tables A-D, totals of: bank credit, non-bank credit and debentures - based on separate financial data of the Entity ("Solo" reports) (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of tax)
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
F. Off-balance credit exposure - based on separate financial data of the Entity ("Solo" reports) (NIS in thousands)
|
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of taxt
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
G. Off-balance credit exposure of all consolidated companies, excluding companies that are considered as reporting companies, and excluding the reporting Company's data described above in Table F (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of taxt
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
H. Totals of: bank credit, non-bank credit, and debentures of all consolidated companies, excluding companies that are considered as reporting companies and excluding the data of the reporting Entity described above in Tables A-D (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of taxt
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
I. Total credit granted to the reporting Entity by the parent company or controlling shareholder, and total amounts of debentures issued by the reporting Entity that are held by the parent company or controlling shareholder (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of taxt
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
J. Credit granted to the reporting Entity by companies controlled by the parent company or by the controlling shareholder, and are not controlled by the reporting Entity, and debentures issued by the reporting Entity held by companies controlled by the parent company or by controlling shareholder and are not controlled by the reporting Entity (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of taxt
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
K. Credit granted to the reporting Entity by consolidated companies and debentures issued by the reporting Entity held by consolidated companies (NIS in thousands)
|
|
|
Principle repayment
|
Gross interest payments (excluding deduction of taxt
|
Toatal by years
|
|
|
NIS
(CPI linked)
|
NIS
(Not linked)
|
Euro
|
USD
|
Other
|
|
First year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Second year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Third year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fourth Year
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Fifth year and thereafter
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
L.
|
(1) Cash and cash equivalents, marketable securities and short-term deposits based on the Company's separate financial data (NIS in thousands)
|
|
130,672
|
|
|
(2) Cash and cash equivalents, marketable securities and short-term deposits based on the Company's consolidated Statements (NIS in thousands)
|
|
370,581
|
Elron Ventures (CE) (USOTC:ELRNF)
過去 株価チャート
から 10 2024 まで 10 2024
Elron Ventures (CE) (USOTC:ELRNF)
過去 株価チャート
から 10 2023 まで 10 2024
