RELATED PARTY BALANCES AND TRANSACTIONS

12 Months Ended

Dec. 31, 2015

NOTE 15:-

RELATED PARTY BALANCES AND TRANSACTIONS

The Company entered into a number of agreements for the purchase of infrastructure, construction and services from C. Mer Industries Ltd (“C. Mer”). The Company's controlling shareholder, Fimi Funds, holds approximately 30% of C. Mer's share capital.

The aggregate amount of these arrangements was $7,262 and $4,876 for the years ended December 31, 2015 and 2014, respectively.

Transactions with related parties:

	Year ended December 31,
	2015		2014		2013

Cost of revenues of products	$	2,915	$	4,876	$	-

Balances with related parties:

	December 31,
	2015		2014

Accrued expenses	$	339	$	846
Trade payable	$	1,170	$	-

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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