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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2015
PROPERTY AND EQUIPMENT, NET [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 6  -          PROPERTY AND EQUIPMENT, NET

 

A.      Property and equipment, net consists of the following:

 

 

US dollars

 

 

December 31,

 

(in thousands)

 

2015

 

 

2014

 

Cost:

               

Operating equipment (*)

  43,740   46,947

Office furniture, equipment and computers

  24,790   23,858

Land

  1,022   1,022

Buildings

  1,845   1,855

Vehicles

  3,810   3,412

Leasehold improvements

  3,616   3,088
  78,823   80,182

Less – accumulated depreciation and amortization (**)

  (47,309 )   (48,274 )
Total property and equipment, net   31,514
  31,908

(*) 

As December 31, 2015 and 2014, an amount of US$ 26 million and US$ 26 million is subject to operating lease transactions, respectively.

 

(**)

As at December 31, 2015 and 2014, an amount of US$ 10.4 million and US$ 10.4 million is subject to operating lease transactions, respectively.

 

B.     In the years ended December 31, 2015, 2014 and 2013, depreciation expense was US$ 10.9 million, US$ 11.2 million and US$ 11.1 million, respectively and additional equipment was purchased in an amount of US$ 18.7 million, US$ 15 million and US$ 14.2 million, respectively.

 

C.      After deduction of the cost and the accumulated depreciation of items fully depreciated.