Note 14 – Intangible Assets, Net

A.	Composition:

	Goodwill			Software			Others			Total
	$ Thousands
Cost
Balance as at January 1, 2018		21,914			1,153			509			23,576
Acquisitions – self development		—			162			—			162
Translation differences		(34	)		(67	)		(55	)		(156	)
Balance as at December 31, 2018		21,880			1,248			454			23,582

Amortization and impairment
Balance as at January 1, 2018		21,455			445			35			21,935
Amortization for the year		94			107			182			383
Translation differences		(4	)		(28	)		(10	)		(42	)
Balance as at December 31, 2018		21,545			524			207			22,276

Carrying value
As at January 1, 2018		459			708			474			1,641
As at December 31, 2018		335			724			247			1,306

	Goodwill			Concessions licenses			Customer relationships			Software			Others			Total
	$ Thousands
Cost
Balance as at January 1, 2017		117,550			189,351			41,074			1,771			83,897			433,643
Acquisitions as part of business combinations		296			-			-			195			-			491
Acquisitions – self development		-			-			-			179			10,280			10,459
Disposals		-			-			-			-			(82	)		(82	)
Sale of subsidiaries		(97,167	)		(189,351	)		(41,074	)		(1,066	)		(93,842	)		(422,500	)
Translation differences		1,235			-			-			74			256			1,565
Balance as at December 31, 2017		21,914			-			-			1,153			509			23,576

Amortization and impairment
Balance as at January 1, 2017		21,455			5,434			20,942			1,015			8,019			56,865
Amortization for the year		-			5,759			3,970			209			2,984			12,922
Disposals		-			-			-			25			-			25
Sale of subsidiaries*		-			(11,193	)		(24,912	)		(804	)		(11,021	)		(47,930	)
Translation differences		-			-			-			-			53			53
Balance as at December 31, 2017		21,455			-			-			445			35			21,935

Carrying value
As at January 1, 2017		96,095			183,917			20,132			756			75,878			376,778
As at December 31, 2017		459			-			-			708			474			1,641

*	This amount includes impairment as a result of the sale of Colombian assets. The Group recorded the impairment in cost of sales of $10 million ($3 million in Others and $7 million in Goodwill).

B.	The total carrying amounts of intangible assets with a finite useful life and with an indefinite useful life or not yet available for use

	As at December 31,
	2018		2017
	$ Thousands
Intangible assets with a finite useful life		971		1,182
Intangible assets with an indefinite useful life or not yet available for use		335		459
		1,306		1,641

C.	Examination of impairment of cash generating units containing goodwill

For the purpose of testing impairment, goodwill is allocated to the Group’s cash-generating units that represent the lowest level within the Group at which the goodwill is monitored for internal management purposes. Goodwill is calculated based on the local currencies of the countries that the subsidiaries operate in and translated into US dollars at the exchange rate at the reporting date. Refer to Note 13C for assumptions used in testing impairment.

Goodwill arises from the following Group entities in OPC (cash generating unit):

	As at December 31,
	2018		2017
	$ Thousands

OPC Rotem (former AIE)		425		459
		425		459