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LONG-TERM LOANS
12 Months Ended
Dec. 31, 2012
LONG-TERM LOANS [Abstract]  
LONG-TERM LOANS
NOTE 10:- LONG-TERM LOANS

 

  a. Long-term loans are classified as follows:

 

    Weighted average
interest
       
    December 31,     December 31,  
    2011     2012     2011     2012  
    %              
Currency:                                
                                 
U.S. Dollar     1.72       1.56     $ 7,135     $ 2,431  
Australian Dollar     5.90       4.65       8,357       2,843  
Canadian Dollar     2.47       2.35       662       226  
NIS     4.45       -       1,792       -  
                                 
Total long-term loans                     17,946       5,500  
Less-current maturities                     12,541       5,500  
                                 
                    $ 5,405     $ -  

 

  c. Financial covenants:

 

As security for various bank liabilities, the Company undertook to comply with certain financial ratios.

 

As of December 31, 2011 and 2012, the Company was in compliance with all financial covenants.