XML 102 R15.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Investments In Affiliated Companies, Partnership And Other Companies | 12 Months Ended
--- | ---
Dec. 31, 2011
Investments In Affiliated Companies, Partnership And Other Companies [Abstract] |
Investments In Affiliated Companies, Partnership And Other Companies |
Note 6 - | INVESTMENTS IN AFFILIATED COMPANIES, PARTNERSHIP AND OTHER COMPANIES
| A. | Investments in affiliated companies:
|  | December 31, |
|  | 2011 |  |  | 2010 |
Companies accounted for under the equity method |  | $ | 105,914 |  |  | $ | 86,069 |
Companies accounted for on a cost basis |  |  | 4,245 |  |  |  | 3,745 |
|  | $ | 110,159 |  |  | $ | 89,814 |
| B. | Investments in companies accounted for under the equity method:
|  | December 31, |
|  | 2011 |  |  | 2010 |
SCD (1) |  | $ | 63,854 |  |  | $ | 58,815 |
VSI (2) |  |  | 8,154 |  |  |  | 4,181 |
Opgal (3) |  |  | 14,626 |  |  |  | 13,000 |
Netcity (4) |  |  | 10,418 |  |  |  | 2,697 |
Other |  |  | 8,862 |  |  |  | 7,376 |
|  | $ | 105,914 |  |  | $ | 86,069 |
| (1) | Semi Conductor Devices ("SCD") is an Israeli partnership, held 50% by the Company and 50% by Rafael Advanced Defense Systems Ltd. ("Rafael"). SCD is engaged in the development and production of various thermal detectors and laser diodes. SCD is jointly controlled and therefore is not consolidated in the Company's financial statements.
| (2) | Vision Systems International LLC ("VSI") based in San Jose, is a California limited liability company that is held 50% by ESA and 50% by a subsidiary of Rockwell Collins Inc. VSI operates in the area of helmet mounted display systems for fixed-wing military aircraft. VSI is jointly controlled and therefore is not consolidated in the Company's financial statements.
| (3) | Opgal Optronics Industries Ltd. ("Opgal") is an Israeli company owned 50.1% by the Company and 49.9% by a subsidiary of Rafael. Opgal focuses mainly on commercial applications of thermal imaging and electro-optic technologies. The Company jointly controls Opgal with Rafael, and therefore Opgal is not consolidated in the Company's financial statements.
| (4) | Netcity is a Romanian company held 40% by the Company. During 2011, the Company invested in Netcity approximately $8,100, in addition to $2,700 that were invested in 2010. Netcity is a constructor of fiber-telecommunication networks in Romania.
| (5) | Equity in net earnings of affiliated companies is as follows:
|  | Year ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
SCD |  | $ | 5,807 |  |  | $ | 11,470 |  |  | $ | 12,603 |
VSI |  |  | 8,454 |  |  |  | 6,265 |  |  |  | 4,942 |
Other |  |  | 1,116 |  |  |  | 1,061 |  |  |  | 1,747 |
|  | $ | 15,377 |  |  | $ | 18,796 |  |  | $ | 19,292 |
| (6) | The summarized aggregate financial information of companies accounted for under the equity method is as follows:
Balance Sheet Information:
|  | December 31, |
|  | 2011 |  |  | 2010 |
Current assets |  | $ | 272,274 |  |  | $ | 278,141 |
Non-current assets |  |  | 67,151 |  |  |  | 69,507 |
Total assets |  | $ | 339,425 |  |  | $ | 347,648 |
Current liabilities |  | $ | 158,548 |  |  | $ | 186,555 |
Non-current liabilities |  |  | 24,809 |  |  |  | 34,688 |
Shareholders' equity |  |  | 156,068 |  |  |  | 126,405 |
|  | $ | 339,425 |  |  | $ | 347,648 |
Income Statement Information:
|  | Year ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
Revenues |  | $ | 402,438 |  |  | $ | 476,286 |  |  | $ | 361,283 |
Gross profit |  | $ | 117,222 |  |  | $ | 137,228 |  |  | $ | 110,699 |
Net income |  | $ | 38,131 |  |  | $ | 36,728 |  |  | $ | 31,489 |
| (7) | See Note 20(E) for guarantees.

X
- Definition Affiliates which accounted for under the equity-method or cost-based method. + References No definition available. + Details
Name: | eslt_AffiliatesAccountedUnderEquityMethodOrCostBasedMethod
Namespace Prefix: | eslt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration