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SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION
12 Months Ended
Dec. 31, 2016
SUPPLEMENTARY BALANCE SHEET INFORMATION [Abstract]  
SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION
NOTE 11:-
SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION

a.
Trade receivables, net:
 
   
December 31,
 
   
2016
   
2015
 
             
Billed
 
$
57,320
   
$
53,150
 
Unbilled *)
   
41,713
     
-
 
     
99,033
     
53,150
 
                 
Less - Allowance for doubtful accounts
   
(9,656
)
   
(2,166
)
                 
   
$
89,377
   
$
50,984
 
 
*) The unbilled amount was recognized based on the progress of the construction phase of a large-scale project in Peru (the "Project"). As part of the construction phase, the Company's subsidiary in Peru deploys a wireless network in rural areas. The Project is accounted as a Production-Type Contract using the percentage-of-completion method. The unbilled amount, for which the Company has enforceable rights, will become due at the time the first milestone is reached. The milestone occurs upon the completion of certain objective, representing the progress of the project, which vary between the different areas and type of networks.


b.
Other current assets:

   
December 31,
 
   
2016
   
2015
 
             
Governmental authorities
 
$
6,184
   
$
3,785
 
Prepaid expenses
   
3,784
     
4,765
 
Deferred charges
   
3,817
     
2,316
 
Employees
   
90
     
96
 
Grants receivable
   
276
     
1,540
 
Advance payments to suppliers
   
1,824
     
2,875
 
Deferred taxes
   
64
     
68
 
Other
   
978
     
778
 
                 
   
$
17,017
   
$
16,223
 

c.
Short-term bank credit and loans:

The following is classified by currency and interest rates:
   
Weighted average
interest rate
     
 
December 31,
 
    December 31,         
   
2016
   
2015
   
2016
   
2015
 
   
%
       
                         
In U.S. dollars
   
-
     
1.05
 
   
-
   
$
7,000
 

d.
Other current liabilities:
 
   
December 31,
 
   
2016
   
2015
 
             
Payroll and related employee accruals
 
$
10,971
   
$
9,037
 
Derivative instruments
   
103
     
148
 
Government authorities
   
585
     
1,167
 
Other
   
2,187
     
1,042
 
                 
   
$
13,846
   
$
11,394
 

 
                        e. Long-term loans:

     
Interest rate for
         
December 31,
 
     
2016
   
2015
         
2016
   
2015
 
 Linkage  
%
   
Maturity
       
                                 
Loans from banks:
                               
(a)
U.S. dollars    
4.77
 
   
4.77
 
   
2017-2022
   
$
20,000
   
$
24,000
 
(b)
 
Euro
 
EURIBOR +2.75
   
EURIBOR +2.75
     
2017-2020
     

1,458
     
1,835
 
(c)
 
Euro
   
6.0
 
   
6.0
 
   
2017
     
91
     
200
 
                                           
                                           
                               
21,549
     
26,035
 
Less - current maturities
                             
4,617
     
4,542
 
                                           
                             
$
16,932
   
$
21,493
 

(a)
The Company entered into a loan agreement with an Israeli bank. The loan is secured by a floating charge on the assets of the Company, and is further secured by a fixed pledge (mortgage) on the Company's real estate in Israel. In addition, there are financial covenants associated with the loan. As of December 31, 2016 the Company is in compliance with these covenants.

(b)
A Dutch subsidiary of the Company entered into a mortgage and loan agreement with a German bank. The amount of the mortgage is collateralized by the subsidiary's facilities in Germany.

(c)
Raysat BG entered into a mortgage business loan with a Bulgarian bank. The amount of the mortgage is collateralized by Raysat BG’s building in Bulgaria.

f.
Long-term debt maturities for loans after December 31, 2016, are as follows:

Year ending December 31,
     
       
2017
 
$
4,617
 
2018
   
4,421
 
2019
   
4,421
 
2020
   
4,090
 
2021 and thereafter
   
4,000
 
         
   
$
21,549
 

Interest expenses on the long-term loans amounted to $ 1,066, $ 1,237 and $ 1,553 for the years ended December 31, 2016, 2015 and 2014, respectively.

g.
Other long-term liabilities:

   
December 31,
 
   
2016
   
2015
 
             
Long-term tax accrual
 
$
776
   
$
871
 
Deferred revenue
   
-
     
15
 
Other
   
1,505
     
3,092
 
                 
   
$
2,281
   
$
3,978