Translated from Hebrew
Aleh Jerusalem Center (R.A.)
Financial Statements as of December 31, 2017
Note 6: Fixed Assets
Cost
Balance at start of year
Increases during year
Decreases during year
Cost as of Dec. 31, 2017
Accumulated depreciation
Balance at start of year
Imputed depreciation
during year
Depreciation decreases
during year
Accumulated depreciation
as of Dec. 31, 2017
Depreciated value as of
Dec. 31, 2017
Depreciated value as of
Dec. 31, 2016
NIS
Renovations
and
construction
NIS
Furniture
and
equipment
NIS NIS
Motor
Vehicles Total
67,973,153
6,113,319
- , -
74,086,472 8,835,399
665,486
- , -
9,500,885 366,000
- , -
- , -
366,000 77,174,552
6,778,805
- , -
83,953,357
26,813,503 6,436,738 174,186 33,424,427
4,588 ,852 644,762 54,900 5,288,514
- , -
- , -
- , -
- , -
31,402,355 7,081,500 229,086 38,712,941
42,684,117 2,419,3 85 136,914 45,240,416
41,159,650 2,398,661 191,814 43,750,125
Dec. 31, 2017 Dec. 31, 2016
NIS NIS
Note 6: Employees and Institutions
Employees
Provision for vacations
Income tax—withheld from salaries
National Insurance—withheld from salaries
Provident, pension, and advanced training funds 1,342,522
1,144,130
188,839
176,091
345,933 1,343,169
957,925
196,401
174,637
281,055
Total 3,197,515 2,953,187
Aleh Negev Nahalat Eran (R.A.) (see Note 15)
Aleh Moriah (R.A.) (see Note 15) 1,608,467
8,562 1,382,378
159,322
Total 1,617,029 1,541,700
Note 8: Accounts Payable
Note 9: Provision for Termination of Employee-Employer Relations
Severance-pay reserve
Less employee-controlled funds
Balance
Less central severance-pay fund
Total
8,672,205
( 6,173,895 )
2,498,310
( 785,289 ) 7,785,169
( 5,349,349 )
2,435,820
( 748,669 )
1,713,021 1,687,151
- 8 -
SZYMONOWICZ SZ & CO. CERTIFIED PUBLIC ACCOUNTANTS (ISR)
חשבון רואי 'ושות שמאי שמעונוביץ