Incredimail 2010 Annual Report Download - page 78
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G. STATEMENT BY EXPERTS
Not applicable.
H. DOCUMENTS ON DISPLAY
You may request a copy of our U.S. SEC filings, at no cost, by writing or calling us at IncrediMail Ltd., 4 HaNechoshet Street, Tel-
Aviv 69710, Israel, Attention: Yacov Kaufman, Telephone: +972-3-
7696100. A copy of each report submitted in accordance with applicable
United States law is available for public review at our principal executive offices. In addition, our filings with the SEC may be inspected without
charge at the SEC’
s Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549. Information on the operation of the Public
Reference Room can be obtained by calling the SEC at 1-800-SEC-0330. Our SEC filings are also available to the public from the SEC’
s
website at www.sec.gov.
A copy of each document (or a translation thereof to the extent not in English) concerning IncrediMail that is referred to in this annual
report on Form 20-
F, is available for public view (subject to confidential treatment of agreements pursuant to applicable law) at our principal
executive offices at IncrediMail Ltd., 4 HaNechoshet Street, Tel-Aviv 69710, Israel.
I. SUBSIDIARY INFORMATION
Not applicable.
ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Exchange Rate Risk.
A significant portion of our revenues and expenses are in foreign currencies. As a result numerous balances are
denominated or linked to these currencies. In 2009 the related foreign currency fluctuation resulted in $12,000 financial income and in 2010 we
did not record income or expense. These results are components of the exchange rate differences set forth in Note 11(b) of our financial
statements.
As of December 31, 2010, balance sheet items in US dollars, our functional currency, and those currencies other than the US dollars
were as follows:
The fair value of firmly committed transactions denominated in currencies other than our functional currency, as of December 31, 2010,
was $1.0 million for less than one year and none for more than one year, all denominated in New Israeli Shekels.
US Dollars
New Israeli
Shekels
Other
Currencies
Total
In thousands of US dollars
Current assets
33,326
4,251
517
38,094
Long
-
term assets
397
877
-
1,274
Current liabilities
(7,975
)
(2,260
)
(6
)
(10,241
)
Long
-
term liabilities
(1,576
)
(1,379
)
-
(2,955
)
Total
24,172
1,489
511
26,172
69