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

Other Receivables

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Other Receivables
 12 Months Ended
Dec. 31, 2017
Other Receivables [Abstract]  
OTHER RECEIVABLES

NOTE 6—OTHER RECEIVABLES

 

      December 31  
      2016     2017  
      NIS
in thousands		  
  Value added tax     624       464  
  Receivables for participation in R&D expenses     2,781       1,294  
  Prepaid expenses     131       1,717  
  Other     32       68  
        3,568       3,543  

 

Most financial balances are in NIS and are unlinked.

 

The carrying amount of receivables is a reasonable approximation of their fair value since the effect of discounting is insignificant.

 

The maximum exposure to credit risk as of December 31, 2017 for receivables that are financial assets is their carrying amount. The Company does not hold any collateral for these receivables.