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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of financial instruments [text block] [Abstract]  
Schedule of classification of financial assets and liabilities
   December 31, 
   2021   2020 
   U.S. Dollars in thousands 
Financial assets        
         
Financial assets at fair value through profit or loss:        
Foreign exchange forward contracts  $
-
   $
-
 
           
Financial assets at fair value through other comprehensive income:          
Cash flow hedges   73    457 
Marketable debt securities   
-
    
-
 
Total Financial assets at fair value through other comprehensive income:  $73   $457 
Financial assets at cost:          
Cash and cash equivalent   18,587    70,197 
Short term bank deposits   
-
    39,069 
Total Financial assets at cost  $18,587   $109,266 
           
Total financial assets  $18,660   $109,723 
           
Financial liabilities          
           
Financial liabilities at fair value through profit or loss:          
Contingent consideration in business combination   21,995    
-
 
Foreign exchange forward contracts  $
-
   $9 
    21,995      
Financial liabilities measured at amortized cost:          
           
Assumed liabilities through business combination   61,915    
-
 
Bank loans   20,038    274 
Leases   4,314    4,665 
Total Financial liabilities measured at amortized cost:  $86,267   $4,939 
           
Total financial and lease liabilities  $108,262   $4,948 

 

Schedule of maturity profile of company's financial liabilities based on contractual undiscounted payments
   Less than
one year
   1 to 2   2 to 3   3 to 5   6 and
thereafter
   Total 
                         
Trade payables  $25,104    
 
    
 
    
 
    
 
   $25,104 
Assumed liabilities (1)   17,986    11,203    4,671    7,598    20,457    61,915 
Other accounts payables   7,142    
 
    
 
    
 
    
 
    7,142 
Bank loans (including interest)   3,049    4,773    4,677    8,689    
-
    21,188 
Lease liabilities (including interest)   1,307    1,100    849    1,485    31    4,772 
                               
   $54,588   $17,076   $10,197   $17,772   $20,488   $120,121 

 

   Less than
one year
   1 to 2   2 to 3   3 to 5   6 and
thereafter
   Total 
                         
Trade payables  $16,110    
 
    
 
    
 
    
 
   $16,110 
Other accounts payables   7,547    
 
    
 
    
 
    
 
    7,547 
Bank loans (including interest)   244    37         
 
    
 
    281 
Lease liabilities (including interest)   1,238    1,002    806    1,436    748    5,230 
                               
   $25,139   $1,039   $806   $1,436   $748   $29,168 

 

Schedule of changes in liabilities arising from financing activities
   January 1,
2021
   Payments   Foreign exchange movement   New loans and leases   Business combination   Revaluation   Write off   December 31, 2021 
   U.S. Dollars in thousands 
Contingent consideration (1) 
-
  
-
  
-
  
-
   21,705   290  
-
   21,995 
Assumed liabilities   
         -
    
     -
    
            -
        61,211               704    
-
    61,915 
Bank loans  $274    (205)   (31)   20,000    
 
         
-
   $20,038 
Leases   4,665    (1,221)   150    845              (125)   4,314 
Total  $4,939  $(1,426)  $119   $20,845   $82,916   $994   $(125)  $108,262 

 

Schedule of carrying amount and fair value of financial instruments
    Carrying Amount     Fair Value  
    December 31,     December 31,  
    2021     2020     2021     2020  
    U.S. Dollars in thousands  
                         
Assumed liabilities     61,915      
-
      61,915      
-
 
Bank loans     20,038       274       19,502       278  
Leases     4,314       4,665       4,608       4,935  
Total Financial liabilities   $ 108,262     $ 4,939     $ 108,020     $ 5,213  

 

Schedule of financial assets (liabilities) measured at fair value
Financial assets (liabilities) measured at fair value:  Level 1   Level 2   Level 3 (1) 
  

U.S. Dollars in thousands

 
             
December 31, 2021            
Derivatives instruments   
-
    73    

 

 
Contingent consideration           (21,995

)
   $
-
   $73   $(21,995)

 

(1)For changes in Contingent liability see above

 

   Level 1   Level 2 
   U.S. Dollars in thousands 
         
December 31, 2020        
Derivatives instruments   
   -
    448 
   $
-
   $448 

  

Schedule of sensitivity analysis for market risks
   December 31, 
   2021   2020 
   U.S. Dollars in thousands 
         
Sensitivity test to changes in Interest rate risk        
Gain (loss) from change:        
1% increase in in basis points of SOFR  $(23)  $
-
 
1% decrease in in basis points of SOFR  $22   $  
           
Sensitivity test to changes in foreign currency:          
Gain (loss) from change:          
5% increase in NIS  $(30)  $(24)
5% decrease in NIS  $30   $24 
5% increase in Euro  $(450)  $(552)
5% decrease in Euro  $450   $552 

 

Schedule of linkage terms of financial liabilities by groups of financial instruments
   December 31, 
   2021   2020 
   U.S. Dollars in thousands 
         
In NIS:        
Bank loans measured at amortized cost  $38   $274 
Leases measured at amortized cost   4,314    4,665 
           
   $4,352   $4,939 
In USD:          
Contingent consideration at fair value through profit or loss   21,995    
-
 
Assumed liabilities measured at amortized cost   61,915    
-
 
Bank loans measured at amortized cost   20,000    
-
 
   $103,910   $
-