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

Trade and Other Receivables and Assets

v3.8.0.1
Trade and Other Receivables and Assets
12 Months Ended
Dec. 31, 2017
Trade and other receivables [abstract]  
Trade and Other Receivables and Assets
Note 5 - Trade and Other Receivables and Assets
 
   
December 31
 
   
2017
   
2016
 
   
€ in thousands
 
Current Assets - Other receivables :
           
Government authorities
   
2,306
     
2,213
 
Income receivable
   
3,436
     
2,753
 
Interest receivable
   
153
     
38
 
Current tax
   
48
     
173
 
Current Maturities of loan to an equity accounted investee
   
3,165
     
1,236
 
Trade receivable
   
407
     
329
 
Forward contracts (1)
   
580
     
2,028
 
Prepaid expenses and other
   
550
     
717
 
     
10,645
     
9,487
 
Non-current Assets  - Long term receivables:
               
Advance tax payment
   
1,078
     
903
 
Forward contracts (1)
   
12
     
2,227
 
Annual rent deposits
   
30
     
35
 
Other
   
415
     
96
 
     
1,535
     
3,261
 
 
(1)
In November 2016, the Company closed euro/USD forward contracts with an accumulated profit of approximately €4,255 thousand (approximately $4,474). Proceeds of approximately €2,647 were received during 2017 and the remaining proceeds of approximately  €1,100 thousand (approximately $1,300) are expected to be received between May 2018 and March 2019 (depending on the relevant dates of the forward positions). In December 2017, the Company closed euro/USD forward contracts with an accumulated loss of approximately €497 thousand (approximately $597).