Transactions and Balances with Related Parties

12 Months Ended

Dec. 31, 2019

Disclosure of transactions between related parties [abstract]

Transactions and Balances with Related Parties

Note 11 - Transactions and Balances with Related Parties

In addition to their salaries or fees, the Group also provides non-cash benefits to directors and executive officers, and contributes to a post-employment defined contribution plan on behalf of employees.

Certain executive officers are entitled to termination benefits of up to 6 monthly salaries or fees.

Executive officers also participate in the Group's share option programs. For further information, see Note 10 regarding share-based payments.

Expenses of key management personnel:

The Company recorded expenses to executive officers:

	For the year ended December 31
	2019		2018		2017
	USD thousands
Short - term employee benefits		1,776		2,165		2,305
Post-employment benefits		22		16		137
Share based payments		719		574		1,669
		2,517		2,755		4,111

The Company recorded expenses to directors:

	For the year ended December 31
	2019		2018		2017
	USD thousands
Short - term benefits		339		268		217
Share based payments		269		86		236
		608		354		453