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INVESTMENTS IN AFFILIATED AND OTHER COMPANY (Tables)

12 Months Ended

Dec. 31, 2015

INVESTMENTS IN AFFILIATED AND OTHER COMPANY [Abstract]

Schedule of investment in affiliated companies

		US dollars
		December 31,
(in thousands)		2015				2014
Investment in Bringg (see 1 below)			3,082				1,016
IRT (see 2 below)			1,662				-
Other			(39	)			-
			4,705				1,016

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- References

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

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