Goodwill

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

NOTE 7:- GOODWILL

The changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 are as follows:

	December 31,
	2018			2017
Goodwill, beginning of the year		41,010			38,107
Foreign currency translation adjustments		(3,472	)		2,903
Goodwill, end of year		37,538			41,010

The carrying value of goodwill by reporting unit as of 31 December, 2018 is as follows:

Reporting unit	2018
Cellocator		2,534
SVR (*)		27,976
Pointer brazil		1,996
Cielo brazil		5,032
		37,538

The carrying value of goodwill by reporting unit as of 31 December 2017 is as follows:

Reporting unit	2017
Cellocator		2,534
SVR (*)		30,245
Pointer brazil		2,338
Cielo brazil		5,893
		41,010

(*) SVR in Israel.

The material assumptions used for the income approach for 2018 were:

	Cellocator			SVR			Pointer brazil			Cielo
Discount rate		16	%		14	%		20	%		20	%
Growth rate		3	%		2	%		6.4	%		6.4	%
Years of projected cash flows		5			5			5			5