Long-Term Loans, Net Of Current Maturities

12 Months Ended

Dec. 31, 2011

Long-Term Loans, Net Of Current Maturities [Abstract]

Long-Term Loans, Net Of Current Maturities

Note 15 - LONG-TERM LOANS, NET OF CURRENT MATURITIES


			Years of	December 31,
	Currency	Interest %	maturity	2011		2010
Long-term bank loans(*)	U.S. dollars	Libor + 1.25-3.20%	mainly 2-3	$	369,564	$	276,702
	Other	Libor + 1.65-4%	mainly 1-3		30,144		20,694
Other long-term loans	NIS	Prime + 1.5%	3		-		2,873
	Other	Libor + 1.7-4%	mainly 1-3		562		1,289
					400,270		301,558
Less: current maturities					98,015		9,519
				$	302,255	$	292,039

(*) For covenants see Note 20(F).

As of December 31, 2011 the LIBOR annual rate:

For long-term loans denominated in U.S. dollars was 0.27%-0.38%.

For long-term loans denominated in GBP was 1.08%.

The maturities of these loans for periods after December 31, 2011 are as follows:

2012 – current maturities	$	98,015
2013		199,561
2014		92,871
2015		9,481
2016		229
2017 and after		113
	$	400,270

In order to secure liabilities to banks as well as guarantees to customers and performance guarantees, a subsidiary granted first priority liens and/or floating liens on all of its property and assets with no limitation as to amount, and specific liens on its short-term investments (See Note 20(E)).