TRANSACTIONS WITH RELATED PARTIES (Tables)

12 Months Ended

Dec. 31, 2012

TRANSACTIONS WITH RELATED PARTIES [Abstract]

Schedule of Maturity of Debt Obligations

2013	$	463
2014		490
2015		518
2016		549
2017		581
2018 and thereafter		8,944
	$	11,545

Schedule of Transactions and Balances with Related Parties

The following table summarizes transactions with related parties:

	Year ended December 31,
	2010		2011		2012

Revenues (to affiliated company-U.S. Quartz(*))	$	30,916	$	12,833	$	-
Cost of revenues	$	26,967	$	14,720	$	6,147
Research and development	$	294	$	347	$	301
Selling and marketing	$	675	$	806	$	682
General and administrative	$	6,715	$	6,169	$	3,053
Financial and other income, net	$	73	$	29	$	236

(*)

Through the acquisition date on May 18, 2011.

Balances with related parties:

	December 31,
	2011		2012

Accounts payable	$	5,437	$	2,888
Long-term loan and financing leaseback from related party (1,2)	$	1,820	$	12,188

(1)

On January 17, 2011, a loan of 4 million Canadian dollars was made to Caesarstone Canada Inc. by its shareholders, CIOT and the Company, on a pro rata basis. The loan bears interest until repayment at a per annum rate equal to Bank of Canada's prime business rate plus ¹/4 percent. The loan is due four years following the date on which it was made. The interest accrued on the loan is payable on a quarterly basis.

(2)

In September, 2012, a financing leaseback of $10.9 million related to the Bar-Lev transaction was granted to the Company by Kibbutz Sdot-Yam,. The financing leaseback bears interest until repayment at a per annum rate equal to 5.87% and is subject to adjustment for increases in the Israeli consumer price index.