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Related and Interested Parties (Tables)
12 Months Ended
Dec. 31, 2018
Notes to Consolidated Financial Statements [Abstract]  
Benefits to key management personnel

The Company's key management personnel in 2018, consists of 27 individuals, of whom 14 are not employed by the company (directors). The number of key management personnel in 2018, includes 7 individuals whose tenure was terminated during 2018. The Company's key management personnel in 2017, consisted of 21 individuals, of whom 10 were not employed by the Company (directors).

 

For the year ended December 31

 

2018

2017

 

$ millions

$ millions

 

 

 

 

Short-term benefits

11

8

Post-employment benefits

1

1

Share-based payments

4

4

 

 

 

Total *

16

13

 

 

 

* To interested parties employed by the Company

5

4

* To interested parties not employed by the Company

1

1

 

Transactions with related and interested parties

D. Transactions with related and interested parties

 

 

For the year ended December 31

 

2018

2017

2016

 

$ millions

$ millions

$ millions

 

 

 

 

 

Sales

5

8

35

Cost of sales

19

97

113

Selling, transport and marketing expenses

7

8

7

Financing expenses (income), net

3

(9)

-

General and administrative expenses

1

1

1

Management fees to the parent company

1

1

1

 

Balances with interested parties

Composition:

 

As at December 31

 

2018

2017

 

$ millions

$ millions

 

 

 

 

Other current assets

28

38

 

 

 

Other current liabilities

7

191