a. |
Key management compensation
|
New Israeli Shekels
|
||||||||||||
Year ended December 31
|
||||||||||||
2015
|
2016
|
2017
|
||||||||||
Key management compensation expenses comprised
|
In millions
|
|||||||||||
Salaries and short-term employee benefits
|
23
|
22
|
21
|
|||||||||
Long term employment benefits
|
4
|
3
|
3
|
|||||||||
Employee share-based compensation expenses
|
4
|
17
|
11
|
|||||||||
31
|
42
|
35
|
New Israeli Shekels
|
||||||||
December 31,
|
||||||||
2016
|
2017
|
|||||||
Statement of financial position items - key management
|
In millions
|
|||||||
Current liabilities:
|
10
|
11
|
||||||
Non-current liabilities:
|
12
|
11
|
b. |
In the ordinary course of business, key management or their relatives may have engaged with the Company with immaterial transactions that are under normal market conditions.
|
c. |
Principal shareholder: On January 29, 2013, S.B. Israel Telecom Ltd. completed the acquisition of 48,050,000 ordinary shares of the Company and became the Company's principal shareholder. See also note 1(a). As of December 31, 2017 the principal shareholder held 49,862,800 ordinary shares including the shares issued in June 2017. See also note 21(a).
|
d. |
Associates – investment in PHI
|
New Israeli Shekels
|
||||||||
Year ended December 31
|
||||||||
2016
|
2017
|
|||||||
In millions
|
||||||||
Cost of revenues
|
(2
|
)
|
45
|
New Israeli Shekels
|
||||||||
December 31,
|
||||||||
2016
|
2017
|
|||||||
In millions
|
||||||||
Deferred expenses - Right of use
|
41
|
95
|
||||||
Current assets (liabilities)
|
(5
|
)
|
(43
|
)
|
||||
Non-current assets (liabilities)
|
(7
|
)
|