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Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of commitments and contingent liabilities [text block] [Abstract]

Schedule of composition of pledged shares

		December 31, 2021
		Formula’s Series A Secured Debentures			Formula’s Series C Secured Debentures
Matrix ordinary shares, par value NIS 1.0 per share			4,128,865			6,031,761
Magic Software ordinary shares, par value NIS 0.1 per share			5,825,681			2,411,474
Sapiens common shares, par value €0.01 per share			1,260,266			2,957,590

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The disclosure of detailed information about composition of pledged shares.

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