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TAXES ON INCOME (Tables)
 12 Months Ended
Jun. 30, 2014
TAXES ON INCOME [Abstract]  
Qualifying Percentage of Value of Productive Assets
The qualifying percentage of the value of the productive assets is as follows:

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
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company's deferred tax assets are as follows:

   
June 30,
  
   
2014
    
2013
  
Deferred tax assets:
            
U.S. net operating loss carryforward
   $ 7,955     $ 7,106  
Israeli net operating loss carryforward
     12,810       8,543  
Allowances and reserves
     237       156  
                 
Total deferred tax assets before valuation allowance
     21,002       15,805  
Valuation allowance
     (21,002 )     (15,805 )
                 
Net deferred tax asset
   $ -     $ -