XML 64 R43.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about intangible assets [line items]  
Disclosure of composition of intangible assets and accumulated amortization
   
Capitalized development costs **
    
Distribution rights and brand*
    
Customer relationships purchased *
    
Technology **
    
Goodwill (a)
    
Patents **
    
Total
  
   
US Dollars in thousands
  
Cost:
                                          
Balance as of January 1, 2024
    
66,415
      
8,323
      
15,916
      
24,574
      
12,866
      
806
      
128,900
  
Additions
    
20,930
      
-
      
-
      
1,681
      
-
      
-
      
22,611
  
Acquired through business combinations
    
-
      
1,292
      
4,882
      
3,591
      
7,163
      
-
      
16,928
  
Translation differences
    
(38
)
    
(211
)
    
(644
)
    
(615
)
    
(766
)
    
-
      
(2,274
)
Balance as of December 31, 2024
    
87,307
      
9,404
      
20,154
      
29,231
      
19,263
      
806
      
166,165
  
                                                         
Accumulated amortization:
                                                        
Balance as of January 1, 2024
    
23,451
      
2,576
      
3,260
      
3,031
      
-
      
171
      
32,489
  
Amortization
    
6,428
      
969
      
3,684
      
5,078
      
-
      
62
      
16,221
  
Translation differences
    
(3
)
    
(12
)
    
(68
)
    
(132
)
    
-
      
-
      
(215
)
Balance as of December 31, 2024
    
29,876
      
3,533
      
6,876
      
7,977
      
-
      
233
      
48,495
  
                                                         
Net book value:
                                                        
As of December 31, 2024
    
57,431
      
5,871
      
13,278
      
21,254
      
19,263
      
573
      
117,670
  
 
Composition of intangible assets and accumulated amortization thereon, grouped by major classifications, and changes therein in 2023 are as follows:
 
   
Capitalized development costs **
    
Distribution rights and brand *
    
Customer relationships purchased *
    
Technology **
    
Goodwill (a)
    
Patents **
    
Total
  
   
US Dollars in thousands
  
Cost:
                                          
Balance as of January 1, 2023
    
49,806
      
5,292
      
8,884
      
4,456
      
10,196
      
806
      
79,440
  
Additions
    
16,773
      
-
      
-
      
-
      
-
      
-
      
16,773
  
Acquired through business combinations
    
-
      
3,031
      
7,092
      
20,148
      
2,814
      
-
      
33,085
  
Disposals
    
(138
)
    
-
      
-
      
-
      
-
      
-
      
(138
)
Translation differences
    
(26
)
    
-
      
(60
)
    
(30
)
    
(144
)
    
-
      
(260
)
Balance as of December 31, 2023
    
66,415
      
8,323
      
15,916
      
24,574
      
12,866
      
806
      
128,900
  
                                                         
Accumulated amortization:
                                                        
Balance as of January 1, 2023
    
18,206
      
2,261
      
1,693
      
2,055
      
-
      
109
      
24,324
  
Amortization
    
5,386
      
315
      
1,574
      
984
      
-
      
62
      
8,321
  
Disposals
    
(138
)
    
-
      
-
      
-
      
-
      
-
      
(138
)
Translation differences
    
(3
)
    
-
      
(7
)
    
(8
)
    
-
      
-
      
(18
)
Balance as of December 31, 2023
    
23,451
      
2,576
      
3,260
      
3,031
      
-
      
171
      
32,489
  
                                                         
Net book value:
                                                        
As of December 31, 2023
    
42,964
      
5,747
      
12,656
      
21,543
      
12,866
      
635
      
96,411
  
   
Capitalized development costs **
    
Distribution rights *
    
Customer relationships purchased *
    
Technology **
    
Goodwill (a)
    
Patents **
    
Total
  
   
US Dollars in thousands
  
Cost:
                                          
Balance as of January 1, 2022
    
34,209
      
5,292
      
4,188
      
2,921
      
8,271
      
806
      
55,687
  
Additions
    
14,615
      
-
      
-
      
-
      
-
      
-
      
14,615
  
Acquired through business combinations
    
1,261
      
-
      
5,046
      
1,711
      
2,724
      
-
      
10,742
  
Translation differences
    
(279
)
    
-
      
(350
)
    
(176
)
    
(799
)
    
-
      
(1,604
)
Balance as of December 31, 2022
    
49,806
      
5,292
      
8,884
      
4,456
      
10,196
      
806
      
79,440
  
                                                         
Accumulated amortization:
                                                        
Balance as of January 1, 2022
    
13,454
      
1,996
      
843
      
1,546
      
-
      
47
      
17,886
  
Amortization
    
3,642
      
265
      
902
      
564
      
-
      
62
      
5,435
  
Acquisitions during the year
    
1,116
      
-
                                      
1,116
  
Translation differences
    
(6
)
    
-
      
(52
)
    
(55
)
    
-
      
-
      
(113
)
Balance as of December 31, 2022
    
18,206
      
2,261
      
1,693
      
2,055
      
-
      
109
      
24,324
  
                                                         
Net book value:
                                                        
As of December 31, 2022
    
31,600
      
3,031
      
7,191
      
2,401
      
10,196
      
697
      
55,116
  
 
*
Amortization of customer relationship and distribution rights are included under selling, general and administrative expenses.
**
Amortization of technology, patents and development costs are included in “Depreciation and amortization in respect of technology and capitalized development costs ”.
VMtecnologia LTDA  
Disclosure of detailed information about intangible assets [line items]  
Disclosure of assumption of schedule of cash generating units
   
VM
  
       
Growth rate
    
3.5
%
Discount rate
    
23
%
Roseman Holdings Ltd.  
Disclosure of detailed information about intangible assets [line items]  
Disclosure of assumption of schedule of cash generating units
   
Roseman
  
       
Growth rate
    
3
%
Discount rate
    
16
%
On Track Innovation Ltd.  
Disclosure of detailed information about intangible assets [line items]  
Disclosure of assumption of schedule of cash generating units
   
OTI
  
Growth rate
    
3
%
Discount rate
    
20.1
%
Retail CGU  
Disclosure of detailed information about intangible assets [line items]  
Disclosure of assumption of schedule of cash generating units
   
Retail
  
Growth rate
    
3
%
Discount rate
    
20.9
%
Weezmo  
Disclosure of detailed information about intangible assets [line items]  
Disclosure of assumption of schedule of cash generating units
   
Weezmo
  
Growth rate
    
3
%
Discount rate
    
21.9
%
Vendsys  
Disclosure of detailed information about intangible assets [line items]  
Disclosure of assumption of schedule of cash generating units
   
Vendsys
  
Growth rate
    
4
%
Discount rate
    
12
%