Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

RELATED PARTY BALANCES AND TRANSACTIONS

v3.21.1
RELATED PARTY BALANCES AND TRANSACTIONS
 12 Months Ended
Dec. 31, 2020
Related party transactions [abstract]  
RELATED PARTY BALANCES AND TRANSACTIONS [Text Block]

NOTE 21:- RELATED PARTY BALANCES AND TRANSACTIONS

a. Balances and transactions:

The following table summarizes balances with related parties in the statements of financial position:

    December 31,  
    2020     2019  
             
Other accounts receivables $ 36   $ 64  

The following table summarizes the transactions with related parties in the consolidated statements of profit or loss and other comprehensive income:

    Year ended
December 31,		  
    2020     2019  
             
General and administrative expenses $ 617   $ 464  

Transactions with related parties mainly includes compensation for management services and bonus in the ordinary course of business and short-term lease payments. 

b. Compensation of key management personnel of the Group:

    Year ended
December 31,		  
    2020     2019  
             
Payroll and related expenses $ 2,005   $ 1,537  
             
Share-based compensation $ 2,791   $ 812  
             
Professional fees *) $ 1,391   $ 359  

*) Includes payments to shareholders for the years ended 2020 and 2019 of $534 and $359, respectively.