SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

The following financial information identifies the assets to segment:

	Year ended December 31, 2013
	OEM of Heat Management Solutions		Heat Transfer Services and Products		MRO services for Aviation Components		Amounts not allocated to segments		Consolidated

Assets	$	45,518	$	28,806	$	18,137	$	16,419	$	108,880
Depreciation and amortization (*)		991		603		265		-		1,859
Expenditure for segment assets (*)		992		664		584		-		2,240

	Year ended December 31, 2012
	OEM of Heat Management Solutions		OEM of Electric Motion Systems		Heat Transfer Services and Products		MRO services for Aviation Components		Amounts not allocated to segments		Consolidated

Assets	$	34,315	$	12,707	$	27,093	$	18,473	$	16,354	$	108,942
Depreciation and amortization (*)		974		-		735		197		-		1,906
Expenditure for segment assets (*)		1,047		-		756		344		-		2,147

	Year ended December 31, 2011
	OEM of Heat Management Solutions		OEM of Electric Motion Systems		Heat Transfer Services and Products		MRO services for Aviation Components		Amounts not allocated to segments		Consolidated

Assets	$	34,055	$	13,941	$	27,464	$	21,068	$	19,783	$	116,311
Depreciation and amortization (*)		1,139		-		758		721		-		2,618
Expenditure for segment assets (*)		924		-		638		1,391		-		2,953
Goodwill		-		1,042		-		-		-		1,042

(*) Excluding discontinued operations for each of the years ended on December 31, 2013, 2012 and 2011.

The following financial information is a summary of the operating income of each operational segment:

	Year ended December 31, 2013
	OEM of Heat Management Solutions			Heat Transfer Services and Products		MRO services for Aviation Components			Amounts not allocated to segments			Elimination of inter-company sales			Consolidated

Revenues
Sale of products and services	$	27,326		$	29,796	$	22,429		$	-		$	-		$	79,551
Intersegment revenues		3,812			111		-			-			(3,923	)		-
Total revenues		31,138			29,907		22,429			-			(3,923	)		79,551

Cost of revenues		24,141			21,600		19,224			-			(4,086	)		60,879
Gross profit		6,997			8,307		3,205			-			163			18,672

Research and development		415			298		-			-			-			713
Selling and marketing		1,520			1,145		485			-			-			3,150
General and administrative		3,158			3,093		3,261			-			-			9,512
Other expense (income)		(20	)		-		-			-			-			(20	)
Operating income (loss)		1,924			3,771		(541	)		-			163			5,317

Financial expense, net		-			-		-			(50	)		-			(50	)
Income before taxes on income															$	5,267

	Year ended December 31, 2012
	OEM of Heat Management Solutions			OEM of Electric Motion Systems			Heat Transfer Services and Products		MRO services for Aviation Components			Amounts not allocated to segments			Elimination of inter-company sales			Adjustment to the consolidated financial statements			Consolidated

Revenues
Sale of products and services	$	27,944		$	10,008		$	27,529	$	22,442		$	-		$	-		$	(10,008	)	$	77,915
Intersegment revenues		3,088			-			180		-			-			(3,268	)		-			-
Total revenues		31,032			10,008			27,709		22,442			-			(3,268	)		(10,008	)		77,915

Cost of revenues		23,105			8,043			19,671		19,044			-			(3,281	)		(8,043	)		58,539
Gross profit		7,927			1,965			8,038		3,398			-			13			(1,965	)		19,376

Research and development		581			157			414		-			-			-			(157	)		995
Selling and marketing		1,476			527			1,049		374			-			-			(527	)		2,899
General and administrative		3,530			1,377			3,270		3,310			-			-			(1,377	)		10,110
Other expense (income)		(13	)		21			-		-			-			-			(21	)		(13	)
Operating income (loss)		2,353			(117	)		3,305		(286	)		-			13			117			5,385

Financial expense, net		-			-			-		-			(106	)		-			-			(106	)
Income before taxes on income																					$	5,279

	Year ended December 31, 2011
	OEM of Heat Management Solutions			OEM of Electric Motion Systems			Heat Transfer Services and Products		MRO services for Aviation Components			Amounts not allocated to segments			Elimination of inter-company sales			Adjustment to the consolidated financial statements			Consolidated

Revenues
Sale of products and services	$	25,993		$	11,658		$	27,600	$	20,146		$	-		$	-		$	(11,658	)	$	73,739
Intersegment revenues		4,027			-			3		-			-			(4,030	)		-			-
Total revenues		30,020			11,658			27,603		20,146			-			(4,030	)		(11,658	)		73,739

Cost of revenues		22,662			9,388			20,173		17,882			-			(4,009	)		(9,388	)		56,708
Write down of inventory and impairment charges of long lived assets		-			-			-		5,465			-			-			-			5,465
Gross profit		7,358			2,270			7,430		(3,201	)		-			(21	)		(2,270	)		11,566

Research and development		455			331			-		-			-			-			(331	)		455
Selling and marketing		1,202			619			1,026		591			-			-			(619	)		2,819
General and administrative		3,789			1,499			3,035		2,626			-			-			(1,499	)		9,450
Other expense (income)		(190	)		21			-		-			-			-			(21	)		(190	)
Operating income (loss)		2,102			(200	)		3,369		(6,418	)		-			(21	)		200			(968	)

Financial expense, net		-			-			-		-			(420	)		-			-			(420	)
Income before taxes on income																					$	(1,388	)