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Financing (Income) Expenses, Net

12 Months Ended

Dec. 31, 2019

Other Income and Expenses [Abstract]

Financing (Income) Expenses, Net

NOTE 14 – FINANCING (INCOME) EXPENSES, NET

		2019				2018
Israeli CPI linkage difference on principal of loans from stockholders			7,554				(927	)
Exchange rate differences			2,923				32,400
Interest expenses on credit from banks and other			43				18,290
Late fee on dividends			-				127,057
			10,520				176,820

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- Definition

The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

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