Trade and Other Receivables and Assets

12 Months Ended

Dec. 31, 2017

Trade and other receivables [abstract]

Note 5 - Trade and Other Receivables and Assets

	December 31
	2017		2016
	€ in thousands
Current Assets - Other receivables :
Government authorities		2,306		2,213
Income receivable		3,436		2,753
Interest receivable		153		38
Current tax		48		173
Current Maturities of loan to an equity accounted investee		3,165		1,236
Trade receivable		407		329
Forward contracts (1)		580		2,028
Prepaid expenses and other		550		717
		10,645		9,487
Non-current Assets - Long term receivables:
Advance tax payment		1,078		903
Forward contracts (1)		12		2,227
Annual rent deposits		30		35
Other		415		96
		1,535		3,261

(1)

In November 2016, the Company closed euro/USD forward contracts with an accumulated profit of approximately €4,255 thousand (approximately $4,474). Proceeds of approximately €2,647 were received during 2017 and the remaining proceeds of approximately €1,100 thousand (approximately $1,300) are expected to be received between May 2018 and March 2019 (depending on the relevant dates of the forward positions). In December 2017, the Company closed euro/USD forward contracts with an accumulated loss of approximately €497 thousand (approximately $597).