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DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2020
DERIVATIVE INSTRUMENTS  
Schedule of fair value of outstanding derivative instruments

The fair value of the Group's outstanding derivative instruments and the effect of derivative instruments in cash flow hedging relationship on other comprehensive income for the years ended December 31, 2020 and December 31, 2019 are summarized below:

Foreign exchange forward

    

    

    

December 31, 

    

December 31, 

and options contracts

    

Balance sheet

    

2020

    

2019

Audited

Audited

Fair value of foreign exchange forward and options collar (cylinder) contracts

"Other receivables and prepaid expenses"

$

1,489

$

Gains recognized in other comprehensive income (effective portion)

"Other comprehensive income (loss)"

$

1,319

$

244

Schedule of cash flow hedging relationship on income

Foreign exchange forward

    

    

    

December 31, 

    

December 31, 

and options contracts

    

Balance sheet

    

2020

    

2019

Audited

Audited

Fair value of foreign exchange forward and options collar (cylinder) contracts

"Other receivables and prepaid expenses"

$

1,489

$

Gains recognized in other comprehensive income (effective portion)

"Other comprehensive income (loss)"

$

1,319

$

244