PROPERTY AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2012

PROPERTY AND EQUIPMENT, NET [Abstract]

NOTE 4

PROPERTY AND EQUIPMENT, NET

	US dollars
	June 30,			December 31,
	2012			2011			2010
	(unaudited)
Computers		77,408			75,982			68,704
Furniture and office equipment		105,664			108,485			74,879
Leasehold improvements		22,793			23,401			25,195
		205,865			207,868			168,778
Less - accumulated depreciation		(134,075	)		(125,000	)		(111,428	)
		71,790			82,868			57,350

In the six month periods ended June 30, 2012 and 2011, and in the years ended December 31, 2011, 2010 and 2009, depreciation was US$ 12,741, US$ 10,398, US$ 23,045, US$ 19,153 and US$ 20,837, respectively, and additional equipment was purchased in an amount of US$ 3,516, US$ 47,750, US$ 54,619, US$ 8,725 and US$ 5,007, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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