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Long-Term Loans, Net of Current Maturities
12 Months Ended
Dec. 31, 2014
Short and Long-Term Loans, Net of Current Maturities [Abstract]  
LONG-TERM LOANS, NET OF CURRENT MATURITIES

NOTE 10:-    LONG-TERM LOANS, NET OF CURRENT MATURITIES

 

a.Classified by linkage terms and interest rates, the total amount of the loans is as follows:

 

   Weighted interest 
rate as of December 31, 2014
  December 31, 
 Loan currency %  2014  2013 
           
 NIS  5.1  $760  $2,072 
              
 Less - current maturities      570   926 
              
       $190  $1,146 

 

Bank HaPoalim loan amounted to $ 419 and $ 1,202 as of December 31, 2014 and 2013, respectively.

 

The repayment of the Company's loan to Bank HaPoalim is not secured, except by long-term bank deposits in the amount of $ 259. Bank HaPoalim loan does not include any financial covenants provision.

 

In March 2008, BOS-Dimex purchased the assets and activities of Dimex Systems Ltd. As part of this acquisition, the Company and BOS Dimex owe to Dimex Systems Ltd. an amount of $338 as of December 31, 2014The loan carries a nominal interest rate of 4% and with principle and required interest payments to be made through December 2015.

 

b.The Company loans mature in the following years subsequent to the balance sheet dates:

 

 2015 (Current maturities) $570 
 2016  190 
      
   $760