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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
NOTE 6
 
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PROPERTY AND EQUIPMENT, NET
  A.
Property and equipment, net consists of the following:
 
   
US dollars
 
   
December 31,
 
(in thousands)
 
2022
   
2021
 
Cost:
           
Operating equipment (*)
   
56,070
     
43,751
 
Office furniture, equipment and computers
   
49,629
     
51,788
 
Land
   
1,667
     
1,728
 
Buildings
   
5,492
     
5,818
 
Vehicles
   
9,829
     
9,976
 
Leasehold improvements
   
9,042
     
9,750
 
     
131,729
     
122,811
 
Less – accumulated depreciation (**)
   
(86,131
)
   
(87,159
)
Total property and equipment, net
   
45,598
     
35,652
 
 
  (*)
As of December 31, 2022 and 2021, an amount of US$38.1 million and US$25.5 million is subject to operating lease transactions, respectively.
 
  (**)
As of December 31, 2022 and 2021, an amount of US$22.6 million and US$13.5 million is subject to operating lease transactions, respectively.
 
  B.
During the years ended December 31, 2022, 2021 and 2020, depreciation expenses were US$ 13.9 million, US$ 12.3 million and US$ 12.9 million, respectively and additional property and equipment was purchased in an amount of US$ 23.9 million, US$ 13.7 million and US$ 7.2 million, respectively.