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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income attributable to TAT Technologies Ltd. shareholders $ 5,849 $ 1,432 $ 2,802
Net loss from discontinued operations 2,429
Net income from continuing operations $ 5,849 $ 1,432 5,231
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization $ 2,781 2,069 1,859 [1]
Exchange differentials of loans $ (1) 23
Write down of inventory 67
Gain (loss) on sale of property, plant and equipment $ 10 (20)
Gain from change in fair value of derivatives $ 10 (27)
Interest from short-term bank deposits and restricted deposits (33) $ (128) (11)
Provision for doubtful accounts 206 17
Share in results and sale of equity investment of affiliated company (1,237) $ (267) (1,025)
Share based compensation 38 $ 38 $ 3
Gain on bargain purchase (4,833)
Liability in respect of employee rights upon retirement 28 $ (485) $ 286
Deferred income taxes, net $ (21) 1,229 71
Changes in operating assets and liabilities:      
Amounts due to (from) related parties, net 5 (63)
Decrease (increase) in trade accounts receivable $ (2,375) 2,730 (1,001)
Decrease (increase) in other current assets and prepaid expenses (85) (833) 1,195
Decrease (increase) in inventory (571) (6,009) 679
Increase (decrease) in trade accounts payable 436 (509) 278
Increase (decrease) in accrued expenses 525 (715) (417)
Increase (decrease) in other long-term liabilities 15 (24) 58
Net cash provided by (used in) operating activities $ 733 (1,458) $ 7,203
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sale of subsidiary (A) $ 2,176
Acquisitions of subsidiary, net of cash acquired in the amount of $1,164 (see note 3a) $ (1,796)
Proceeds from sale of equity investment of affiliated company 3,624
Funds in respect of employee rights upon retirement 8 $ 352 $ (48)
Proceeds from sale of property and equipment 9 19 51
Purchase of property and equipment (3,315) $ (3,021) $ (2,240)
Investment in short-term deposit (8,109)
Maturities of short-term deposits $ 5,109 $ 5,098
Proceeds released from restricted deposits $ 2,307
Net cash provided by (used in) investing activities $ (4,470) $ 4,624 70
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of long-term loans (883) $ (2,286)
Dividend paid (2,000)
Repayments of short-term loans $ (469) $ (26) $ (719)
Short-term credit received from a bank 26
Exercise of options 43
Net cash used in financing activities $ (469) $ (2,909) (2,936)
CASH FLOWS FROM DISCONTINUED OPERATIONS:      
Cash provided by operating activities of discontinued operations 685
Cash provided by investing activities of discontinued operations (31)
Cash used in financing activities of discontinued operations (304)
Effect of exchange rate changes on cash and cash equivalents of discontinued operations 164
Net cash provided by discontinued operations 514
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS $ (4,206) $ 257 4,851
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 22,894 22,637 17,786
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 18,688 $ 22,894 22,637
LESS - CASH AND CASH EQUIVALENT OF DISCONTINUED OPERATIONS AT END OF YEAR 2,823
CASH AND CASH EQUIVALENTS OF CONTINUING OPERATIONS AT END OF YEAR $ 18,688 $ 22,894 19,814
SUPPLEMENTARY INFORMATION ON INVESTING ACTIVITIES NOT INVOLVING CASH FLOW:      
Purchase of property, plant and equipment on credit 76 44 590
Supplemental disclosure of cash flow information:      
Interest paid (4) (15) (89)
Income taxes paid (1,321) (571) (961)
Income taxes refunds $ 613 $ 613 $ 1,383
[1] Excluding discontinued operations for the year ended on December 31, 2013.