GOODWILL (POINTER TELOCATION LTD. [Member])

12 Months Ended

Dec. 31, 2011

POINTER TELOCATION LTD. [Member]

NOTE 8:-

GOODWILL

The changes in the carrying amount of goodwill for the years ended December 31, 2011 and 2010 are as follows:

	December 31,
	2011			2010

Goodwill, beginning of the year	$	53,926		$	51,220
Additions in respect of acquisitions		-			-
Impairment of Goodwill (see note 2g)		(6,216	)		-
Foreign currency translation adjustments		(3,217	)		2,706

Goodwill, end of year	$	44,493		$	53,926

As of December 31, 2011, $ 2,534 and $ 41,959 are attributable to the Cellocator segment and to the Pointer segment, respectively. As of December 31, 2010, $ 8,750 and $ 45,176 are attributable to the Cellocator segment and to the Pointer segment, respectively.