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SUPPLEMENTARY CONSOLIDATED BALANCE SHEETS INFORMATION
12 Months Ended
Dec. 31, 2021
SUPPLEMENTARY BALANCE SHEET INFORMATION [Abstract]  
SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION

NOTE 13:- SUPPLEMENTARY CONSOLIDATED BALANCE SHEETS INFORMATION

a.Other current assets:

December 31,

2021

2020

 

Governmental authorities

$

3,727

$

7,215

Prepaid expenses

5,857

5,654

Deferred charges

1,600

1,162

Advance payments to suppliers

1,279

1,643

Other

2,144

963

 

$

14,607

$

16,637

b.Other current liabilities:

Payroll and related employee accruals

$

11,588

$

10,512

Governmental authorities

988

639

Deferred rent income

617

2,065

Other

146

106

 

$

13,339

$

13,322

c.Long-term loan:

Interest rate for

December 31,

Linkage

2021

2020

Maturity

2021

2020

%

 

Loan from bank:

U.S. dollars

-

4.77

2021

$

-

$

4,000

 

Less - current maturities

-

4,000

 

$

-

$

-

F - 55


GILAT SATELLITE NETWORKS LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


U.S. dollars in thousands

NOTE 13:- SUPPLEMENTARY CONSOLIDATED BALANCE SHEETS INFORMATION (Cont.)

The Company entered into a loan agreement with an Israeli bank secured by a floating charge on the assets of the Company, and which is further secured by a fixed pledge (mortgage) on the Company's real estate in Israel. In addition, there were financial covenants associated with the loan. On January 1, 2021 the loan was fully repaid by the Company. Other financial covenants the Company is required to satisfy are described in Note 8f.

Interest expenses on the long-term loans amounted to $195 and $395 for the years ended December 31, 2020 and 2019, respectively.

d.Other long-term liabilities:

December 31,

2021

2020

 

Long-term deferred rent

$

-

$

521

Other

120

110

 

$

120

$

631