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

Other Receivables

v3.19.1
Other Receivables
12 Months Ended
Dec. 31, 2018
Other Receivables [Abstract]  
OTHER RECEIVABLES

NOTE 6—OTHER RECEIVABLES

 

    December 31  
    2017     2018  
    NIS
in thousands
 
Value added tax authorities     464       471  
Receivables from IIA     1,294       375  
Prepaid expenses     1,717       393  
Other     68       14  
      3,543       1,253  

 

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, 2018 for receivables that are financial assets is their carrying amount. The Company does not hold any collateral for these receivables.