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TAXES ON INCOME (Tables)
12 Months Ended
Jun. 30, 2012
TAXES ON INCOME [Abstract]  
Qualifying Percentage of Value of Productive Assets

The value of productive
assets before the expansion
(NIS in millions)
 
The new proportion that the
required investment bears to
the value of productive assets
     
Up to NIS 140
 
12%
NIS 140 - NIS 500
 
7%
More than NIS 500
 
5%

Schedule of Deferred Tax Assets
 
June 30,

 
2012


2011
Deferred tax assets:





U.S. net operating loss carryforward

$ 5,806

$ 4,750
Israeli net operating loss carryforward


5,168



4,559
Allowances and reserves


111



96
 







Total deferred tax assets before valuation allowance


11,085



9,405
Valuation allowance


(11,085
)

(9,405 )
 







Net deferred tax asset

$ -

$ -