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

Financial Instruments and Financial Risk Management (Tables)

v3.19.1
Financial Instruments and Financial Risk Management (Tables)
 12 Months Ended
Dec. 31, 2018
Financial Instruments and Financial Risk Management [Abstract]  
Schedule of financial liabilities measured at fair value

    December 31,  
    2017  
    NIS
in thousands		  
Fair value of convertible debentures     14,015  
Unrecognized Day 1 Loss     (1,376 )
Debentures, net     12,639  

 

    December 31,  
    2018  
    NIS
in thousands		  
Fair value of warrants     4,736  
Unrecognized Day 1 Loss     (2,302 )
Warrants, net     2,434  

Schedule of Level 3 financial instruments

    2017  
    NIS
in thousands		  
Opening balance as of January 1, 2017     —  
Issuance     (14,190 )
Profit from changes in fair value of financial instruments     34  
Closing balance as of December 31, 2017     (14,156 )

 

    2018  
    NIS
in thousands		  
Opening balance as of January 1, 2018     (14,156 )
Issuance of Warrants     (6,273 )
Conversion of debentures to pre-paid warrants     13,740  
Profit from changes in fair value of financial instruments     1,590  
Closing balance as of December 31, 2018(1)     (5,099 )

 

(1) Represents $4,736 thousand warrants and $363 thousand anti-dilution derivatives.