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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 7 - 
PROPERTY AND EQUIPMENT, NET


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

   
US dollars
 
   
December 31,
 
(in thousands)
 
2019
   
2018
 
Cost :
           
Operating equipment (*)
   
59,888
     
59,074
 
Office furniture, equipment and computers
   
48,572
     
42,754
 
Land
   
1,914
     
1,879
 
Buildings
   
6,453
     
6,415
 
Vehicles
   
8,753
     
7,910
 
Leasehold improvements
   
8,208
     
7,410
 
     
133,788
     
125,442
 
Less – accumulated depreciation and amortization (**)
   
(84,922
)
   
(74,982
)
Total property and equipment, net
   
48,866
     
50,460
 
 

(*)
As of December 31, 2019 and 2018, an amount of US$ 36.3 million and US$ 28.8 million is subject to operating lease transactions, respectively.
 

(**)
As of December 31, 2019 and 2018, an amount of US$ 20.2 million and US$ 13.0 million is subject to operating lease transactions, respectively.


B.
In the years ended December 31, 2019, 2018 and 2017, depreciation expense was US$ 15.1 million, US$ 13.4 million and US$ 13.5 million, respectively and additional equipment was purchased in an amount of US$ 13.0 million, US$ 20.1 million and US$ 16.2 million, respectively.