Note 11 - Employee Benefits
Employee benefits mostly include post-employment benefits for Israeli employees who are in the scope of Section 14 of the Israeli Severance Pay Law - 1963, that are accounted for as defined contribution plans. The Group also has immaterial defined benefit plans for which it deposits amounts in appropriate insurance policies. Such amounts are classified as long-term liabilities.
Regarding short-term benefits see Note 10B - Other Current Liabilities.
Regarding share-based payments see Note 23 - Share-Based Payments.
Post-employment benefit plans - defined contribution plan
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For the year ended December 31
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2017
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2016
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2015
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USD thousands
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USD thousands
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USD thousands
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Amount recognized as expense in respect of defined contribution plan
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462
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368
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243
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