XML 18 R1.htm IDEA: XBRL DOCUMENT v3.22.1
Document And Entity Information
12 Months Ended
Dec. 31, 2021
shares
Document Information Line Items  
Entity Registrant Name FORMULA SYSTEMS (1985) LTD
Trading Symbol FORTY
Document Type 20-F
Current Fiscal Year End Date --12-31
Entity Common Stock, Shares Outstanding 15,294,267
Amendment Flag false
Entity Central Index Key 0001045986
Entity Current Reporting Status Yes
Entity Voluntary Filers No
Entity Filer Category Large Accelerated Filer
Entity Well-known Seasoned Issuer Yes
Document Period End Date Dec. 31, 2021
Document Fiscal Year Focus 2021
Document Fiscal Period Focus FY
Entity Emerging Growth Company false
Entity Shell Company false
ICFR Auditor Attestation Flag true
Document Registration Statement false
Document Annual Report true
Document Transition Report false
Document Shell Company Report false
Entity File Number 000-29442
Entity Address, Country IL
Entity Address, Address Line One Yahadut Canada 1 Street
Entity Address, City or Town Or Yehuda
Entity Address, Postal Zip Code 6037501
Entity Incorporation, State or Country Code L3
Title of 12(b) Security American Depositary Shares, each representing one Ordinary Share, NIS 1 par value
Security Exchange Name NASDAQ
Entity Interactive Data Current Yes
Document Accounting Standard International Financial Reporting Standards
Auditor Firm ID 1281
Auditor Name KOST FORER GABBAY & KASIERER
Auditor Location Tel-Aviv, Israel
Business Contact [Member]  
Document Information Line Items  
Entity Address, Country IL
Entity Address, Address Line One Yahadut Canada 1 Street
Entity Address, City or Town Or Yehuda
Entity Address, Postal Zip Code 6037501
Contact Personnel Name Asaf Berenstin
City Area Code 972
Local Phone Number 3 5389389
Contact Personnel Fax Number 972 3 5389300