Financial Summary 2007

Consolidated Balance Sheet as of December 31, 2007 (In USD 000s)


Fixed assets

Fixed Assets Earmarked for Transfer to a company in Formation 

Investments and Long Term Receivables:

Subsidiaries
Other assets - earmarked for transfer
Long term receivables



Current Assets:
Inventory
Other receivables - earmarked for transfer to a company in formation
Other receivables and debit balances
Customers
Cash and cash equivalents

 

 

 

 

 

 

 

7,198,464

2,416,517






-
64,855

1,253
_______
66,108


69,590
70,544


314,811

432,052
1,286,433

________
2,173,430

Shareholders Equity

Quasi Capital Items and Liabilities
Earmarked for Transfer to a Company in Formation

Claims and Contingent Liabilities

Very Long Term Liabilities:
Liabilities for the issue of shares

Long Term Liabilities:
Long term deferred income
Deferred taxes
Net liabilities for cessation of employee - employer relationship
Long term debentures
Long term loans - Government of Israel
Long term loans - banks


Current Liabilities:
Other liabilities
Suppliers
Government of Israel
Banks and others credit providers

 

 

 

 


Other liabilities

2,266,443



2,249,724


 


84,516


112,581
330,514
349,965


3,861,848
-

146,816
________
4,801,724


434,972
280,332
1,305,095


431,713
________
2,452,112

 

11,854,519

 

11,854,519


Income Statement for Year Ended December 31, 2006 (In USD 000s)


Income
Cost of income and work performed

Gross profit
Management and general expenses

Income from ordinary operations

General and administrative expenses
Net financing expenses
Net other income



Income earmarked for transfer to a company in formation, before tax on income

Income before tax on income
Tax on income

Income after taxes on income

Cumulative effect at the beginning of the year-change in accounting principles, net of tax effect

2,908,755
(2,336,088)
_________

572,667
(82,431)
_________

490,236
(162,365)
28,400
_________


(81,511)
_________

274,760
64,798
_________
209,962

-

Net income

209,962