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Debentures (Tables) | 12 Months Ended
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Dec. 31, 2021
Disclosure Of Debentures [Abstract] |
Schedule of debentures |
|  | Effective Interest rate |  |  | Currency |  | Par value in issuance currency |  |  | Par Value |  | Unamortized debt premium (discount) and issuance costs, net |  | Current maturities |  | Total long-term debentures, net of current maturities |  | Short-term accrued interest |  | Total short-term and long-term debentures |
|  | % |  |  |  |  |  |  |  | December 31, 2021 |
Formula’s Series A Secured Debentures (2.8%) |  |  | 2.4 |  |  | NIS (Unlinked) |  |  | NIS 102,633 |  |  | $ | 33,000 |  |  |  | 217 |  |  |  | 11,000 |  |  |  | 22,217 |  |  |  | 457 |  |  |  | 33,674 |
Formula’s Series C Secured Debentures (2.3%) |  |  | 2.2 |  |  | NIS (Unlinked) |  |  | NIS 374,225 |  |  | $ | 120,330 |  |  |  | 472 |  |  |  | 16,970 |  |  |  | 103,832 |  |  |  | 227 |  |  |  | 121,029 |
Sapiens’ Series B Debentures (3.37%) |  |  | 3.3 |  |  | NIS (Linked to fix rate of USD) |  |  | NIS 350,000 |  |  | $ | 98,980 |  |  |  | (198 | ) |  |  | 19,796 |  |  |  | 78,986 |  |  |  | 5 |  |  |  | 98,787 |
|  |  |  |  |  |  |  |  |  |  |  | $ | 252,310 |  |  |  | 491 |  |  |  | 47,766 |  |  |  | 205,035 |  |  |  | 689 |  |  | $ | 253,490 |
|  | Effective Interest rate |  |  | Currency |  | Par value in issuance currency |  |  | Par Value |  | Unamortized debt premium (discount) and issuance costs, net |  | Current maturities |  | Total long-term debentures, net of current maturities |  | Short-term accrued interest |  | Total short-term and long-term debentures |
|  | % |  |  |  |  |  |  |  | December 31, 2020 |
Formula’s Series A Secured Debentures (2.8%) |  |  | 2.4 |  |  | NIS (Unlinked) |  |  | NIS 136,844 |  |  | $ | 42,564 |  |  |  | 365 |  |  |  | 10,641 |  |  |  | 32,288 |  |  |  | 589 |  |  |  | 43,518 |
Formula’s Series C Secured Debentures (2.3%) |  |  | 2.5 |  |  | NIS (Unlinked) |  |  | NIS 267,000 |  |  | $ | 83,048 |  |  |  | (678 | ) |  |  | 10,264 |  |  |  | 72,106 |  |  |  | 158 |  |  |  | 82,528 |
Sapiens’ Series B Debentures (3.37%) |  |  | 3.3 |  |  | NIS (Linked to fix rate of USD) |  |  | NIS 420,000 |  |  | $ | 118,778 |  |  |  | (306 | ) |  |  | 19,796 |  |  |  | 98,676 |  |  |  | 6 |  |  |  | 118,478 |
|  |  |  |  |  |  |  |  |  |  |  | $ | 244,390 |  |  |  | (619 | ) |  |  | 40,701 |  |  |  | 203,070 |  |  |  | 753 |  |  | $ | 244,524 |
Schedule of aggregate principal annual payments of debentures |
|  |  | Repayment amount |
2022 |  |  |  | 47,766 |
2023 |  |  |  | 47,766 |
2024 |  |  |  | 47,766 |
2025 |  |  |  | 54,506 |
2026 |  |  |  | 54,506 |
|  |  |  | 252,310 |

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