XML 39 R50.htm IDEA: XBRL DOCUMENT
v2.4.1.9

ADDITIONAL INFORMATION - RECONCILIATION OF US GAAP TO IFRS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
ADDITIONAL INFORMATION - RECONCILIATION OF US GAAP TO IFRS [Abstract] |
Schedule of Balance sheet in accordance with IFRS |
|  |  |  | As of December 31, 2014
|  | remark |  |  | US GAAP |  |  | Adjustments |  |  | IFRS |
A S S E T S |  |  |  |  |  |  |  |  |  |  |  |
CURRENT ASSETS |  |  |  |  | $ | 394,084 |  |  | $ | -- |  |  | $ | 394,084 |
PROPERTY AND EQUIPMENT, NET |  |  |  |  |  | 419,111 |  |  |  | -- |  |  |  | 419,111 |
LONG TERM ASSETS |  |  | I,J |  |  |  | 70,951 |  |  |  | (10,412 | ) |  |  | 60,539 |
TOTAL ASSETS |  |  |  |  |  | $ | 884,146 |  |  | $ | (10,412 | ) |  | $ | 873,734 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CURRENT LIABILITIES |  |  | K |  |  | $ | 300,325 |  |  | $ | 25,622 |  |  | $ | 325,947 |
LONG-TERM LIABILITIES |  |  | L,M |  |  |  | 388,260 |  |  |  | 24,075 |  |  |  | 412,335 |
Total liabilities |  |  |  |  |  |  | 688,585 |  |  |  | 49,697 |  |  |  | 738,282 |
TOTAL EQUITY |  |  | G,H |  |  |  | 195,561 |  |  |  | (60,109 | ) |  |  | 135,452 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  | $ | 884,146 |  |  | $ | (10,412 | ) |  | $ | 873,734 |
Schedule of Profit and loss in accordance with IFRS |
| Year ended December 31, 2014
|  | US GAAP |  |  | Adjustments |  |  | IFRS |
PROFIT BEFORE INCOME TAX AND EXCLUDING OTHER FINANCING EXPENSE, NET |  | $ | 29,290 |  |  | $ | (905 | ) |  | $ | 28,385 |
OTHER FINANCING EXPENSE, NET |  |  | (55,404 | ) |  |  | 21,556 |  |  |  | (33,848 | )
LOSS BEFORE INCOME TAX BENEFIT |  |  | (26,114 | ) |  |  | 20,651 |  |  |  | (5,463 | )
INCOME TAX BENEFIT |  |  | 24,742 |  |  |  | -- |  |  |  | 24,742 |
PROFIT (LOSS) |  |  | (1,372 | ) |  |  | 20,651 |  |  | $ | 19,279 |
NET LOSS ATTRIBUTABLE TO NON CONTROLLING INTEREST |  |  | 5,635 |  |  |  | -- |  |  |  | 5,635 |
NET PROFIT ATTRIBUTABLE TO THE COMPANY |  | $ | 4,263 |  |  | $ | 20,651 |  |  | $ | 24,914 |
Schedule of reconciliation of net loss from US GAAP to IFRS |
|  | Year ended December 31,
|  | 2014 |  | 2013 |  | 2012
Net profit (loss) in accordance with US GAAP |  | $ | 4,263 |  | $ | (107,660 | ) | $ | (70,269 | )
Financial Instruments |  |  | 21,556 |  |  | (1,619 | ) |  | 4,232
Pension plans |  |  | (1,314 | ) |  | (1,166 | ) |  | -- |
Termination Benefits |  |  | 409 |  |  | 106 |  |  | 126
Net loss in accordance with IFRS |  | $ | 24,914 |  | $ | (110,339 | ) | $ | (65,911 | )
Schedule of reconciliation of shareholders' equity from US GAAP to IFRS |
|  | As of December 31,
|  | 2014 |  | 2013
Shareholders' equity in accordance with US GAAP |  | $ | 195,561 |  | $ | 141,248 |
Financial Instruments |  |  | (54,656 | ) |  | (71,368 | )
Termination Benefits |  |  | 1,547 |  |  | 1,138 |
Goodwill |  |  | (7,000 | ) |  | (7,000 | )
Shareholders' equity in accordance with IFRS |  | $ | 135,452 |  | $ | 64,018 |
Schedule of reconciliation of goodwill from US GAAP to IFRS |
|  | As of December 31,
|  | 2014 |  | 2013
Goodwill in accordance with US GAAP |  | $ | 7,000 |  | $ | 7,000 |
Goodwill |  |  | (7,000 | ) |  | (7,000 | )
Goodwill in accordance with IFRS |  | $ | -- |  | $ | -- |
Schedule of reconciliation of other assets from US GAAP to IFRS |
|  | As of December 31,
|  | 2014 |  | 2013
Other assets in accordance with US GAAP |  | $ | 10,018 |  | $ | 11,547 |
Financial Instruments |  |  | (3,412 | ) |  | (4,860 | )
Other assets in accordance with IFRS |  | $ | 6,606 |  | $ | 6,687 |
Schedule of reconciliation of short term bank debt and current maturities of loans and debentures from US GAAP to IFRS |
|  |  | As of December 31,
|  | 2014 |  | 2013
Short term bank debt and current maturities of loans and debentures in accordance with US GAAP |  | $ | 119,999 |  | $ | 36,441 |
Financial Instruments |  |  | 25,622 |  |  | (93 | )
Short term bank debt and current maturities of loans and debentures in accordance with IFRS |  | $ | 145,621 |  | $ | 36,348 |
Schedule of reconciliation of long term debentures from US GAAP to IFRS |
|  | As of December 31,
|  | 2014 |  | 2013
Long term debentures in accordance with US GAAP |  | $ | 107,311 |  | $ | 208,146 |
Financial Instruments |  |  | 25,622 |  |  | 66,508
Long term debentures in accordance with IFRS |  | $ | 132,933 |  | $ | 274,654 |
Schedule of reconciliation of other long term liabilities from US GAAP to IFRS |
|  | As of December 31,
|  | 2014 |  | 2013
Other long term liabilities in accordance with US GAAP |  | $ | 22,924 |  | $ | 21,703 |
Termination Benefits |  |  | (1,547 | ) |  | (1,138 | )
Other long-term liabilities in accordance with IFRS |  | $ | 21,377 |  | $ | 20,565 |

X
- Details
Name: | tsem_ReconciliationOfUSGaapToIfrsAbstract
Namespace Prefix: | tsem_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the balance sheet in accordance with IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfBalanceSheetInAccordanceWithIFRSTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit and loss in accordance with IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfProfitAndLossInAccordanceWithIFRSTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of goodwill from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfGoodwillFromUSGaapToIfrsTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of long term debentures from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfLongTermDebenturesFromUSGaapToIfrsTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of net loss from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfNetLossFromUSGaapToIfrsTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of other assets from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfOtherAssetsFromUSGaapToIfrsTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of other long term liabilities from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfOtherLongTermLiabilitiesFromUSGaapToIfrsTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of shareholders' equity from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfShareholdersEquityFromUSGaapToIfrsTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of short-term bank debt and current maturities of loans and debentures from US GAAP to IFRS. + References No definition available. + Details
Name: | tsem_ScheduleOfReconciliationOfShortTermBankDebtAndCurrentMaturitiesOfLoansAndDebenturesFromUSGAAPToIFRSTableTextBlock
Namespace Prefix: | tsem_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration