Marketable Securities

12 Months Ended

Dec. 31, 2012

NOTE 3:- MARKETABLE SECURITIES

The following is a summary of marketable securities at December 31, 2011 and 2012:


	2011								2012
	Amortized		Gross unrealized			Fair market		Amortized			Gross unrealized			Fair market
	Cost		gains			value		cost			gains			value

Corporate debentures	$	204		$	15	$	219		$	204		$	99	$	303
Government bonds		12,784			378		13,162			3,515			250		3,765

	$	12,988		$	393	$	13,381		$	3,719		$	349	$	4,068

Aggregate maturities of marketable securities for years subsequent to December 31, 2012 are:


	Amortized cost		Gross unrealized gain		Fair market value

Less than 1 year	$	-	$	-	$	-
1-3 years		3,515		250		3,765
3-5 years		91		46		137
More than 5 years		113		53		166

	$	3,719	$	349	$	4,068

During 2012, the Company recorded net proceeds from sales of these securities in amount of $ 9,717 and income from sale of marketable securities in an amount of $ 57.

As of December 31, 2011 and 2012, interest receivable amounted to $ 213 and $ 81, respectively, and is included within other accounts receivable in the balance sheets.

- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

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