PARTNER COMMUNICATIONS CO LTD | CIK:0001096691 |

Both are incorporated and operate in Israel. Set out below is summarized financial information for the associates which are accounted for by the Group using the equity method.

		As at December 31
		2016				2017
		NIS in millions				NIS in millions
Current assets			122				119
Non-current assets			115				218
Current liabilities			110				117
Non-current liabilities			125				218
Net assets			2				2
Supplemental information relating to associates:
Commitments for operating leases and operating expenses			364				443
Commitments to purchase fixed assets			3				2
Guarantees made to third parties							1

		Year ended December 31
		2016				2017
		NIS in millions				NIS in millions
Summarized statement of income
Revenue			432				477
Pre-tax Profit			*				-
After-tax profit			*				-
Total comprehensive income			*				-
Reconciliation to carrying amount:
Opening net assets of PHI			2				2
Profit for the period			*				-
Closing net assets of PHI			2				2
Carrying amount: Group's share (50%)			1				1

 

* Representing an amount of less than NIS 1 million.