Nano Dimension Ltd. | CIK:0001643303 | 3

  • Filed: 3/15/2018
  • Entity registrant name: Nano Dimension Ltd. (CIK: 0001643303)
  • Generator: GoXBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1643303/000121390018002983/0001213900-18-002983-index.htm
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    • ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory

    Note 6 – Property plant and equipment, net

     

       Machinery and equipment   Computers   Office furniture and equipment   Leasehold improvements   Printers leased to clients   Raw Materials (*)   Total 
       Thousand NIS   Thousand NIS   Thousand NIS   Thousand NIS   Thousand NIS   Thousand NIS   Thousand NIS 
    Cost                            
    As of January 1, 2016   2,898    741    148    886    -    -    4,673 
    Additions   1,384    473    320    45    1,328    1,480    5,030 
    Disposals   (1,085)   -    -    -    -         (1,085)
    As of December 31, 2016   3,197    1,214    468    931    1,328    1,480    8,618 
    Additions   6,428    243    27    4,879    980    -    12,557 
    Reclassification   2,426    -    50    -    (996)   (1,480)   - 
    Disposals   (169)   (14)   (21)   -    (270)   -    (474)
    As of December 31, 2017   11,882    1,443    524    5,810    1,042    -    20,701 
                                        
    Depreciation accrued                                   
    As of January 1, 2016   117    119    13    10    -    -    259 
    Additions   266    328    21    68    49    -    732 
    Disposals   (85)   -    -    -    -    -    (85)
    As of December 31, 2016   298    447    34    78    49    -    906 
    Additions   1,088    449    47    187    271    -    2,042 
    Reclassification   34    2    3    -    (39)        - 
    Disposals   (20)   (10)   (5)   -    (142)   -    (177)
    As of December 31, 2017   1,400    888    79    265    139    -    2,771 
                                        
    Carrying amount                                   
    As of December 31, 2017   10,482    555    445    5,545    903    -    17,930 
    As of December 31, 2016   2,899    767    434    853    1,279    1,480    7,712 

     

    (*) During the year ended December 31, 2016, the Group acquired raw materials for the building of its 3D printers, with the intention of leasing those printers to clients as a part of the Company’s beta plan. In 2017 the Company utilized the raw materials.

     

    During the year ended December 31, 2017, the Group acquired property plant and equipment on credit in the amount of NIS 869,000 (During the year ended December 31, 2016: NIS 1,013,000).

     

    During the year ended in December 31, 2016, the Group recognized an amount of NIS 1,328,000 as property plant and equipment in respect to printers that it leases to its clients. This amount include an amount of NIS 852,000 that was previously capitalized as an intangible asset.