PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2014

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

NOTE 8 - PROPERTY, PLANT AND EQUIPMENT, NET

Composition of assets, grouped by major classifications, is as follows:

	December 31,
	2014	2013(*)
Cost:
Land and buildings	6,232	$	5,582
Machinery and equipment	36,299		34,696
Motor vehicles	334		418
Office furniture and equipment	1,646		1,559
Software	1,197		1,166
	45,708		43,421

Less: Accumulated depreciation	34,184		32,274
Depreciated cost	11,524	$	11,147

(*) Excluding held for sale assets at December 31, 2013

Depreciation and amortization expenses amounted to $2,069, $1,859 and $1,906 for the years ended December 31, 2014, 2013 and 2012, respectively (depreciation and amortization expenses do not include impairment charges).

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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