| p. |
Exchange rates and linkage basis:
|
| (1) |
Balances in or linked to foreign currency are presented according to the representative exchange rate published by the Bank of Israel at the balance sheet date.
|
| (2) |
Balances linked to the CPI are presented according to the CPI for the last month of the reporting period.
|
| (3) |
Data in respect of changes in the CPI and the dollar's exchange rate are as presented as follows:
|
|
The dollar
|
CPI in Israel
|
|||||||||||
|
Exchange rate
|
Actual CPI
|
Known CPI
|
||||||||||
|
(NIS to 1 $)
|
Points
|
Points
|
||||||||||
|
Date of the financial statements
|
||||||||||||
|
As of December 31, 2017
|
3.467
|
113.05
|
112.93
|
|||||||||
|
As of December 31, 2016
|
3.845
|
112.6
|
112.6
|
|||||||||
|
Rate of change
|
Change in %
|
|||||||||||
|
For the year ended December 31, 2017
|
(9.83
|
)
|
0.40
|
0.30
|
||||||||
|
For the year ended December 31, 2016
|
(1.46
|
)
|
(0.20
|
)
|
(0.30
|
)
|
||||||
|
For the year ended December 31, 2015
|
0.33
|
(1.0
|
)
|
(1.1
|
)
| |||||||