Note 12 - Capital and reserves
|
A. |
Share capital |
|
|
|
Ordinary Shares |
||||
|
In thousands of shares |
|
2015 |
|
2016 |
|
2017 |
|
On issue at January 1 |
|
21,003 |
|
21,090 |
|
21,361 |
|
|
|
|
|
|
|
|
|
RSU vested during the period (1) |
|
7 |
|
— |
|
— |
|
Exercise of employee equity awards (2) |
|
80 |
|
271 |
|
762 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
On issue at December 31, |
|
21,090 |
|
21,361 |
|
22,123 |
|
|
|
|
|
|
|
|
|
Authorized (3) |
|
54,000 |
|
54,000 |
|
54,000 |
|
|
|
|
|
|
|
|
|
In USD thousands |
|
|
|
|
|
|
|
Issued and fully paid on December 31 |
|
3,414 |
|
3,461 |
|
3,599 |
|
(1) |
The RSU relate to a deferred consideration with respect to the shares of an acquired subsidiary, which was accounted for as a compound instrument. |
|
(2) |
See Note 26. |
|
(3) |
Par value NIS 0.645 each. |
Shareholders’ rights
Holders of ordinary shares are entitled to participate equally in the payment of cash dividends and in stock dividend distributions. Each ordinary share is entitled to one vote on all matters to be voted on by shareholders.
Shares reserved for share option plan
See Note 26.
|
B. |
Translation reserve for foreign operations |
The translation reserve consists of all foreign currency differences arising from the translation of the financial statements of foreign operations.