2017 Financial Statement ALEH Bnei Brak 2017 Financial Statements - ALEH Bnei Brak | Page 14

ALEH - Help for the Special Child
Notes to the Financial Statements (in thousands New Sheqels)
Note 6 - Other accounts payables:
Composition :
As at December 31
Institutions and employees
Provision for vacation
Related parties
Others
Accrued expenses
2017
3,288 2016
2,928
653 * 907
21 -
- 11
19
3,981 2
3,848
* reclassified
Note 7 - Long-term loan from related party to fixed assets:
Loan from the Aleh Negev Association - Nahalat Eran ,For assistance in establishing and developing the school
in Pardes Katz, the loan is linked to the Consumer Price Index and bears no interest.
Note 8 - Loans from banks less current maturities
A. Composition:
Interest rate
Long-term loans
Long-term loans for the acquisition of fixed assets
Less current maturities
0.8%-4%+P
0.8%+P
As at December 31
2017
2016
1,497
1,777
1,383
1,697
(1,027)
(892)
1,853
2,582
B. Maturity dates:
2017
1,027
599
599
655
1,853
2,880
First year - current maturities
Second year
Third year
Fourth year onwards
13
2016
892
1,028
559
955
2,583
3,475