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SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION
12 Months Ended
Dec. 31, 2020
SUPPLEMENTARY BALANCE SHEET INFORMATION [Abstract]  
SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION

NOTE 13:- SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION

a.Other current assets:

December 31,

2020

2019

 

Governmental authorities

$

7,215

$

8,388

Prepaid expenses

5,654

6,060

Deferred charges

1,162

2,868

Advance payments to suppliers

1,643

3,912

Other

963

1,779

 

$

16,637

$

23,007

b.Other current liabilities:

Payroll and related employee accruals

$

10,512

$

11,500

Governmental authorities

639

651

Deferred rent income

2,065

-

Other

106

110

 

$

13,322

$

12,261

c.Long-term loans:

Interest rate for

December 31,

Linkage

2020

2019

Maturity

2020

2019

%

 

Loans from banks:

(a)

U.S. dollars

4.77

4.77

2021

$

4,000

$

8,000

(b)

Euro

EURIBOR +2.75

EURIBOR +2.75

2020

-

96

 

4,000

8,096

Less - current maturities

4,000

4,096

 

$

-

$

4,000

F - 49


GILAT SATELLITE NETWORKS LTD. AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


U.S. dollars in thousands

NOTE 13:- SUPPLEMENTARY CONSOLIDATED BALANCE SHEET INFORMATION (Cont.)

(a)The Company entered into a loan agreement with an Israeli bank secured by a floating charge on the assets of the Company, and which is further secured by a fixed pledge (mortgage) on the Company's real estate in Israel. In addition, there are financial covenants associated with the loan. As of December 31, 2020 the Company is in compliance with these covenants.

(b)A Dutch subsidiary of the Company entered into a mortgage and loan agreement with a German bank.

Interest expenses on the long-term loans amounted to $195, $395 and $614 for the years ended December 31, 2020, 2019 and 2018, respectively.

d.Other long-term liabilities:

December 31,

2020

2019

 

Long-term deferred taxes

$

-

$

25

Long-term deferred rent

521

-

Other

110

83

 

$

631

$

108