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Camtek Ltd. — Interim / Quarterly Report 2009
Sep 8, 2009
6712_ffr_2009-09-08_e40850d5-dbc2-4288-ab09-41ee2f1300b1.zip
Interim / Quarterly Report
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6-K 1 zk97214.htm Created by EDGAR Ease Plus (EDGAR Ease+) Project: \Backup\edgar filing\Camtek Ltd\97214\a97214.eep Control Number: 97214 Rev Number: 1 Client Name: Camtek Ltd Project Name: 6-K Firm Name: Zadok-Keinan Ltd 6-K MARKER FORMAT-SHEET="Scotch Rule Top-TNR" FSL="Workstation" MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation"
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
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FORM 6-K
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Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934
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For the Month of September 2009
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CAMTEK LTD. (Translation of Registrants Name into English)
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Ramat Gavriel Industrial Zone P.O. Box 544 Migdal Haemek 23150 ISRAEL (Address of Principal Corporate Offices)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
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Form 20-F x Form 40-F o
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Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
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Yes o No x
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SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CAMTEK LTD. (Registrant) By: /s/ Mira Rosenzweig Mira Rosenzweig, Chief Financial Officer
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Dated: September 6, 2009
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The Companys parent Company, Priortech Ltd. ( Priortech ), which is a publicly traded company on the Tel-Aviv Stock Exchange, is required to implement, as of January 1, 2007, Accounting Standard No. 30 of the Israel Accounting Standard Board (the Standard ).
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Details regarding the Standard and its implementation, as reflected on Priortechs consolidated statements for the years 2007, 2008and March 31, were given in the Companys previous reports concerning the Standard.
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The net amount of capitalized development expenses reflected on Priotechs consolidated statements for the six month period ended June 30, 2009 is US$1,061 thousands.
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Another item of disclosure on Priortechs reports reflects the fact that on June 30, 2009, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The opened hedging transactions as of June 30, 2009, are displayed in the following table:
| Amount — 150,000 | Call | 29/07/2009 | 26/01/2009 | 3.918481 | (10 | ) | |
|---|---|---|---|---|---|---|---|
| (150,000 | ) | Put | 29/07/2009 | 26/01/2009 | 3.918481 | 443 | |
| 300,000 | Call | 29/07/2009 | 24/12/2008 | 3.918481 | (754 | ) | |
| (300,000 | ) | Put | 29/07/2009 | 24/12/2008 | 3.918481 | 387 | |
| 150,000 | Call | 27/08/2009 | 26/01/2009 | 3.917524 | (103 | ) | |
| (150,000 | ) | Put | 27/08/2009 | 26/01/2009 | 3.917524 | 1,036 | |
| (300,000 | ) | Put | 27/08/2009 | 24/12/2008 | 3.917524 | 1,238 | |
| 300,000 | Call | 27/08/2009 | 24/12/2008 | 3.917524 | (1,378 | ) | |
| 150,000 | Call | 25/09/2009 | 26/01/2009 | 3.917033 | (265 | ) | |
| (150,000 | ) | Put | 25/09/2009 | 26/01/2009 | 3.917033 | 1,550 | |
| (300,000 | ) | Put | 25/09/2009 | 24/12/2008 | 3.917033 | 2,083 | |
| 300,000 | Call | 25/09/2009 | 24/12/2008 | 3.917033 | (2,104 | ) | |
| 150,000 | Call | 28/10/2009 | 26/01/2009 | 3.916451 | (471 | ) | |
| (150,000 | ) | Put | 28/10/2009 | 26/01/2009 | 3.916451 | 2,046 | |
| 300,000 | Call | 28/10/2009 | 24/12/2008 | 3.916451 | (2,787 | ) | |
| (300,000 | ) | Put | 28/10/2009 | 24/12/2008 | 3.916451 | 2,947 | |
| 150,000 | Call | 26/11/2009 | 26/01/2009 | 3.915849 | (660 | ) | |
| (150,000 | ) | Put | 26/11/2009 | 26/01/2009 | 3.915849 | 2,438 | |
| 300,000 | Call | 26/11/2009 | 24/12/2008 | 3.915849 | (3,278 | ) | |
| (300,000 | ) | Put | 26/11/2009 | 24/12/2008 | 3.915849 | 3,650 | |
| (150,000 | ) | Put | 29/12/2009 | 26/01/2009 | 3.915259 | 2,848 | |
| (300,000 | ) | Put | 29/12/2009 | 24/12/2008 | 3.915259 | 4,400 | |
| 300,000 | Call | 29/12/2009 | 24/12/2008 | 3.915259 | (3,997 | ) | |
| 150,000 | Call | 29/12/2009 | 26/01/2009 | 3.915259 | (876 | ) |