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GOODWILL (Tables)

12 Months Ended

Dec. 31, 2014

GOODWILL [Abstract]

Schedule of Goodwill

		US dollars
		Location based services				Wireless communications products				Total
(in thousands)
Balance as of January 1, 2013 (*)			3,692				4,351				8,043
Changes during 2013:
Impairment (see B. below)			(2,155	)			(938	)			(3,093	)
Translation differences			193				290				483
Balance as of December 31, 2013			1,730				3,703				5,433
Changes during 2014:
Impairment (See B. below)			-				(879	)			(879	)
Translation differences			(186	)			(327	)			(513	)
Balance as of December 31, 2014			1,544				2,497				4,041

(*) The accumulated amount of impairment loss as of January 1, 2013, December 31, 2013 and December 31, 2014 was US$ 2,452,000, US$ 5,545,000 and US$ 6,424,000, respectively.

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267

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