ITURAN LOCATION & CONTROL LTD. ITRN Balance Sheet

Ituran location & control ltd. (ITRN)

Balance Sheet / TTM

Jun'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
Current assets
Cash and cash equivalents
36,106	36,906	31,087	27,016	38,418	41,697	29,453	35,270	46,674
Deposit in Escrow (Note 11A1)
-	-	-	-	-	4,982	0	-	-
Deposit in escrow (Note 12A1)
-	-	-	-	-	-	-	-	5,238
Investment in marketable securities
1,319	3,559	398	2,035	2,362	0	-	68	1,509
Accounts receivable (net of allowance for doubtful accounts)
43,097	41,009	33,865	27,436	27,960	29,239	26,190	25,294	31,161
Loan to former employee
-	-	-	-	-	-	-	340	-
Other current assets
39,746	41,394	31,488	22,437	22,318	18,437	15,399	15,165	12,770
Inventories
13,526	14,244	14,351	12,781	12,164	14,506	14,747	10,881	8,501
Total current assets
133,794	137,112	111,189	91,705	103,222	108,861	85,789	87,018	105,853
Long-term investments and other assets
Deposit in Escrow (Note 11A1)
-	-	-	-	-	-	4,939	4,888	7,858
Investments in affiliated companies
13,774	14,839	11,975	4,705	1,016	1,423	160	207	220
Investments in other companies
2,186	1,382	85	78	79	88	82	80	86
Other non-current assets
1,062	939	1,515	1,166	2,091	1,022	1,890	2,216	3,709
Loan to former employee
-	-	-	-	-	-	-	-	558
Deferred income taxes
6,450	8,398	6,314	2,279	2,886	3,781	4,174	5,568	4,934
Funds in respect of employee rights upon retirement
9,006	9,627	7,868	7,174	6,642	6,649	5,515	4,741	4,498
Total non-current assets
32,478	35,185	27,757	15,402	12,714	12,963	16,760	17,700	21,863
Property and equipment, net
37,232	39,047	35,644	31,514	31,908	32,546	34,156	40,870	46,147
Intangible assets, net
77	38	23	26	452	739	2,591	3,355	4,402
Goodwill
3,587	3,777	3,406	3,356	4,041	5,433	8,043	8,514	10,079
Total assets
207,168	215,159	178,019	142,003	152,337	160,542	147,339	157,457	188,344
Current liabilities
Credit from banking institutions
3	48	-	-	-	-	-	-	-
Credit from banking institutions (Note 9)
-	-	3	155	0	38	221	390	98
Accounts payable
19,059	23,264	18,624	10,466	11,658	11,436	9,524	9,319	10,506
Deferred revenues
14,045	12,796	10,762	9,210	9,401	9,852	9,526	7,869	6,714
Litigation obligation (Note 12A2)
-	-	-	-	-	-	-	-	21,852
Other current liabilities
27,525	29,644	26,738	21,750	25,253	30,276	22,373	20,966	18,089
Total current liabilities
60,632	65,752	56,127	41,581	46,312	51,602	41,644	38,544	57,259
Long-term liabilities
Long term Loans (Note 11)
-	-	-	-	-	-	-	173	233
Liability for employee rights upon retirement
13,245	14,062	11,751	10,637	10,229	9,607	7,915	6,865	6,472
Provision for contingencies
513	400	435	622	0	2,599	3,864	4,250	5,324
Deferred revenues
612	1,241	1,034	973	1,063	1,033	806	728	873
Deferred income taxes (Note 15)
-	-	-	-	150	216	643	792	-
Other non-current liabilities
402	475	501	369	0	-	460	753	1,974
Deferred income taxes (Note 16)
-	-	-	-	-	-	-	-	1,046
Total non-current liabilities
14,772	16,178	13,721	12,601	11,442	13,455	13,688	13,561	15,922
Contingent liabilities (Note 11)
-	-	0	0	0	0	0	0	0
Equity:
Stockholders' equity
Share capital - ordinary shares of NIS 0.3333 par value: Authorized - December 31, 2017 and 2016 - 60,000,000 shares Issued and outstanding - December 31, 2017 and 2016 - 23,475,431 shares
-	-	1,983	1,983	1,983	1,983	1,983	1,983	1,983
Additional paid- in capital
-	-	71,550	71,550	71,550	71,550	71,927	71,927	71,927
Accumulated other comprehensive income
-	-	-12,967	-17,520	-1,850	8,608	11,984	14,153	23,226
Retained earnings
-	-	71,717	57,739	49,067	38,831	32,187	43,185	43,689
Treasury stock at cost - December 31, 2017 and 2016 - 2,507,314 shares
-	-	30,054	30,054	30,054	30,054	30,054	30,054	30,054
Stockholders' equity
124,526	125,790	102,229	83,698	90,696	90,918	88,027	101,194	110,771
Non-controlling interests
7,238	7,439	5,942	4,123	3,887	4,567	3,980	4,158	4,392
Total equity
131,764	133,229	108,171	87,821	94,583	95,485	92,007	105,352	115,163
Total liabilities and equity
207,168	215,159	178,019	142,003	152,337	160,542	147,339	157,457	188,344