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ALLOWANCE FOR DEDUCTIONS FROM REVENUES
12 Months Ended
Dec. 31, 2020
ALLOWANCE FOR DEDUCTIONS FROM REVENUES  
ALLOWANCE FOR DEDUCTIONS FROM REVENUES

NOTE 14 - ALLOWANCE FOR DEDUCTIONS FROM REVENUES:

 

The following table shows the movement of the allowance for deductions from revenue:

 

 

 

 

 

 

 

 

 

 

Rebates and patient discount programs

 

Product returns

 

Total

 

 

U.S. dollars in thousands

As of January 1, 2020

 

1,001

 

266

 

1,267

Increases

 

56,669

 

2,469

 

59,138

Decreases (utilized)

 

(40,656)

 

(772)

 

(41,428)

Adjustments

 

(634)

 

 -

 

(634)

As of December 31, 2020

 

16,380

 

1,963

 

18,343

 

 

 

 

 

 

 

 

 

Rebates and patient discount programs

 

Product returns

 

Total

 

 

U.S. dollars in thousands

As of January 1, 2019

 

573

 

385

 

958

Increases

 

2,485

 

303

 

2,788

Decreases (utilized)

 

(2,057)

 

(72)

 

(2,129)

Adjustments

 

 -

 

(350)

 

(350)

As of December 31, 2019

 

1,001

 

266

 

1,267