TRANSACTIONS WITH RELATED PARTIES (Tables)

12 Months Ended

Dec. 31, 2013

TRANSACTIONS WITH RELATED PARTIES [Abstract]

Schedule of Maturity of Debt Obligations

The financing leaseback from related party mature as follows, as of December 31, 2013:

2014	$	527
2015		558
2016		590
2017		625
2018		662
2019 and thereafter		8,957
	$	11,919

Schedule of Transactions and Balances with Related Parties

The following table summarizes transactions with related parties:

	Year ended December 31,
	2013		2012		2011

Revenues (to affiliated company-U.S. Quartz(*))	$	-	$	-	$	12,833
Cost of revenues	$	8,792	$	6,147	$	14,720
Research and development	$	211	$	301	$	347
Selling and marketing	$	632	$	682	$	806
General and administrative	$	1,649	$	3,053	$	6,169
Finance expenses, net	$	671	$	236	$	29

(*)

Through the acquisition date on May 18, 2011.

Balances with related parties:

	December 31,
	2013		2012

Account payables and current maturities to related parties, including financing leaseback	$	2,602	$	2,888
Long-term loan and financing leaseback from a related party (1,2)	$	12,342	$	12,188

(1)

On January 17, 2011, a loan of 4 million Canadian dollars was made to Caesarstone Canada Inc. by its shareholders, CIOT and the Company, on a pro rata basis. The loan bears interest until repayment at a per annum rate equal to Bank of Canada's prime business rate plus 1/4 percent. The loan is due four years following the date on which it was made. The interest accrued on the loan is payable on a quarterly basis.

(2)

In September, 2012, a financing leaseback of $10.9 million related to Bar-Lev transaction was granted to the Company by Kibbutz Sdot-Yam. The financing leaseback bears interest until repayment at a per annum rate equal to 5.87% and is subject to adjustment for increases in the Israeli consumer price index.