| NOTE 9:- | CURRENT MATURITIES OF LONG TERM BORROWING AND SHORT-TERM CREDITS |
| a. | Composition: |
| December 31, | |||||||||
| 2017 | 2016 | ||||||||
| NIS in thousands | |||||||||
| Current maturities and short term credits (*) (**) | 780,861 | 1,128,768 | |||||||
| (*) | The Balance as of December 31, 2017, is comprised mainly: |
| (I) | PC’s notes in the total amount of NIS 486 million which was reclassified as current liabilities due to the breach of covenants set in trust deeds (see note 7 b 2). |
| (II) | The Company notes in the amount of NIS 295 which are due on May 2018 (see note 11d). |
| (**) | During December 2017, the Company repaid the entire loan to Bank Hapoalim in amount of approximately NIS 59 million. |
| (***) | Following the sale of PC subsidiaries, all PC bank loan were derecognized in amount of approximately NIS 333 million. |
| b. | For liens - see note 13d. |