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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Relevant Exchange Rates of US Dollar and Israeli CPI

The following table presents data regarding the dollar exchange rate of relevant currencies and the Israeli CPI:

Exchange rate

of one US dollar

Israeli CPI(*)

NIS

Real

At December 31,

 

2020

3.215

5.1967

113.84 points

2019

3.456

4.0307

114.63 points

2018

3.748

3.8748

113.95 points

 

Increase (decrease) during the year:

 

2020

(6.97

)%

28.93%

(0.69)%

2019

(7.79

)%

4.02%

0.60%

2018

8.10

%

17.13%

0.80%

(*)

Based on the Index for the month ending on each balance sheet date, on the basis of 2008 average 100.

Schedule of Depreciation Rates

2. Rates of depreciation:

%

Operating equipment (mainly 20%-33%)

6.5-33

Office furniture, equipment and computers

7-33

Buildings

2.5

Vehicles

15

Leasehold improvements

Duration of the lease which

is less or equal to useful life.

Schedule of Intangible Assets Useful Lives

As of December 31, 2020, the intangible assets are amortized as follows:

Years

Customer relationship

3

Technology services

5

Other

5