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Camtek Ltd. — Interim / Quarterly Report 2009
Sep 6, 2009
6712_rns_2009-09-06_7f61e9c6-e6c7-418a-9fd1-1c8120993b15.pdf
Interim / Quarterly Report
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The Company's 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 ”).
Details regarding the Standard and its implementation, as reflected on Priortech’s consolidated statements for the years 2007, 2008and March 31, were given in the Company’s previous reports concerning the Standard.
The net amount of capitalized development expenses reflected on Priotech's consolidated statements for the six month period ended June 30, 2009 is US$1,061 thousands.
Another item of disclosure on Priortech's 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:
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| Amount | Call/Put | Repayment day | Transaction date | Market Rate | Market Value(USD) |
|---|---|---|---|---|---|
| 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 |
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