RETALIX LTD.

RETALIX LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
NOTE 4 – GOODWILL AND OTHER INTANGIBLE ASSETS (continued):
NOTE 5 – LONG-TERM LOANS:
2) Intangible assets amortization expenses totaled $4,474,000 $2,610,000 and $2,148,000 in 2005, 2004 and 2003,
respectively. Future annual amortization expenses are approximately $4,807,000, $3,264,000, $2,810,000, $2,239,000
and $1,431,000 in 2006, 2007, 2008, 2009 and 2010, respectively.
a. Long- term loans classified by currency of repayment are as follows:
F-26
Interest rate as of
December 31, 2005 December 31
% 2005 2004
U.S. $ in thousands
Bank loan:
U.S Dollars LIBOR* + 0.5% - 2,258
EURO Fixed at 2% 1,135 1,550
Israeli currency Prime** – 0.6% - 2,320
Other:
Loan from shareholders of a subsidiary LIBOR*+0.75% 172 166
1,307 6,294
Less - current maturities 248 4,801
* The $ LIBOR rate as of December 31, 2005 – 4.54%.
** The Prime rate as of December 31, 2005 – 6%.
b. The loans (net of current maturities) mature in the following years after the balance sheet date:
December 31
2005 2004
U.S. $ in thousands
2006 204 233
2007 208 234
2008 and thereafter (through 2011) 647 860
No maturity specified - 166
c. Lines of credit:
1,059 1,493
1,059 1,493
The Company, through its U.S. subsidiaries, has several lines of credit totaling $3,000,000. Interest is payable monthly at the
prime rate. The total amount drawn down under these lines of credit, as of December 31, 2005, amounted to $2,700,000.