Israeli Annual and Periodic Reports General
Purpose Financial Reporting, extension for International Financial Reporting
Standards (IL-IFRS-GP). |
Purpose and Scope |
The purpose of this taxonomy is to enable companies listed on the Tel Aviv Stock Exchange to file Israeli annual and periodic financial reports This taxonomy, which is based on the IFRS-GP taxonomy, provides all the elements for Israeli public companies to file annual and periodic financial reports according to Israeli securities legislation and according to the requirements of the Israel Securities Authority (ISA). |
Owner(s) |
|
Date |
2007-09-01 |
Version |
1.0 |
Approval Level |
XBRL International Acknowledged |
Specification version |
XBRL Specification Version 2.1, dated 2003-12-31 plus errata
corrections dated 2006-12-18 |
Contact |
Natan Hershkovitz
(xbrl@isa.gov.il) |
Comments |
This taxonomy is based on the IFRS-GP taxonomy and adds the other elements needed for annual and periodic reporting to the ISA according to the Israeli Securities Law 1968. |
Languages: |
This taxonomy has labels in both Hebrew and English. The English labels which are part of the IFRS taxonomy are those created by the IFRS. The Hebrew labels which are translations of the IFRS labels have been translated by the Israel Accounting Standards Board (IsASB) pursuant to an agreement with the IASB. Both English and Hebrew labels of the ISA extension taxonomy have been created by the ISA. |
Namespace |
http://www.xbrl.org/il/fr/ifrs/gp/2007-09-01 |
Namespace prefix |
il-ifrs-gp |
Physical location of taxonomy files |
http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-base-2007-09-01.xsd
(Schema) (This is the IFRS taxonomy as used by the ISA.) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01.xsd
(Schema) (This is the main entry point for the ISA taxonomy itself.) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-label-en.xml (Label linkbase - English) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-label-he.xml
(Label linkbase - Hebrew) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-presentation.xml
(Presentation linkbase) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-reference.xml (Reference linkbase) |
|
|
Sample Instance Document |
http://www.xbrl.org/il/ifrs/gp/2007-09-01/File2007-01-123456.xbrl |
Summary document |
http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-summary.doc
(doc format) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-summary.htm
(html format) http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-summary.pdf
(pdf format) |
References to other taxonomies |
International Financial Reporting Standards General Purpose Financial Reporting for Profit-Oriented Entities, Incorporating Additional Requirements for Banks and Similar Financial Institutions (IFRS-GP) 2006 http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/summary_page.html |
Zip files |
Zip archive containing all documentation, taxonomy and sample files: http://www.xbrl.org/il/ifrs/gp/2007-09-01/il-ifrs-gp-2007-09-01-summary.zip |
Physical location of supporting files: |
Legislation: http://www.xbrl.org/il/legislation/CompaniesLaw5759-1999.pdf http://www.xbrl.org/il/legislation/DraftMagnaRulesEdithev-jan07.pdf http://www.xbrl.org/il/legislation/DraftSecuritiesRegulationsAnnualFinStatements.pdf http://www.xbrl.org/il/legislation/DraftSecuritiesRegulationsPeriodicImmediateStatements-jan07.pdf http://www.xbrl.org/il/legislation/DraftXBRLTagsExplanations-30012007.pdf http://www.xbrl.org/il/legislation/SecuritiesLaw-03jan2006.pdf http://www.xbrl.org/il/legislation/legislation.zip
(contains all the legislation pdf files) |
Technical Compliance: |
This taxonomy is compliant with the XBRL Specification Version 2.1, dated 2003-12-31 plus errata corrections dated 2006-12-18 The taxonomy has been validated using the following validators: - Fujitsu - True North - UBMatrix |
FRTA Validation and the use of
Magna |
This taxonomy is
based on that of the IFRS. Because the IFRS uses Restated Labels, which are
not in the LRR, it is not FRTA-compliant, and neither is this taxonomy. These
are the only MUST FRTA rules that are violated by this taxonomy. This
taxonomy only uses a small portion of the IFRS taxonomy,
therefore there will be empty tuples. Only the IFRS
elements used in this taxonomy have Hebrew labels. The
ISA requires corporations to supply material information to the public, so
that information is available to all investors at the same time. This is
accomplished by requiring member organizations—corporations, mutual fund managers, trustees, investment consultants,
portfolio managers and underwriters—to
regularly submit reports via the Internet to ISA's Magna electronic distribution
system. Magna is |
The |
The Israel
Accounting Standards Board (IsASB) was established
in 1997 following the agreement between the Israel Securities Authority (ISA)
and the In accordance with
its founding agreement, it is the IsASB that today,
and since 1997, is responsible for issuing accounting standards (The ISA and ICPAs, the directors of the IsASB,
agreed not to engage in accounting standard setting after the formation of
the IsASB and that all accounting standard setting
in Israel will be made only through the IsASB). The IsASB consists of three distinct bodies:
The use of IFRS will be
mandatory for listed companies staring from January 1, 2008 (though IFRS have
been voluntarily used starting from August 2006) and the IsASB is the organization in Israel responsible
for setting up the translation committee which provides the
translation of IFRS from their Source Language version (English) into
the Target Language (Hebrew) using a mutually agreed translation process,
as agreed between The IsASB
and IASB. |
Copyright and License |
Copyright ©09
2007-09-01, Copyright © 2007, XBRL International This taxonomy and translations of it may be copied and furnished to others, and derivative works that comment on or otherwise explain it or assist in its implementation may be prepared, copied, published and distributed, in whole or in part, without restriction of any kind, provided that: 1. The above copyright notice and this paragraph are included on all such copies and derivative works. 2. A link or URL to the original taxonomy is included in all such copies and derivative works. However, this taxonomy itself may not be modified in any way, such as by removing the copyright notice or references to XBRL International or other organizations, except as required to translate it into languages other than English. Members of XBRL International and the taxonomy owners agree to grant certain licenses under the XBRL International Intellectual Property Policy (www.xbrl.org/legal). The name and trademarks of XBRL International may NOT be used in advertising or publicity pertaining to this document or its contents without specific, written prior permission. Title to copyright in this document will at all times remain with copyright holders. By using and/or copying this taxonomy, you (the licensee) agree that you have read, understood, and will comply with the terms and conditions set out in this document and in the Copyright, Intellectual Property and Trademarks documents on www.xbrl.org/legal This taxonomy and its associated files are provided on an "AS IS" basis and XBRL INTERNATIONAL AND THE OWNERS OF THE TAXONOMY DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTY THAT THE USE OF THE INFORMATION HEREIN WILL NOT INFRINGE ANY RIGHTS OR ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Recipients of this taxonomy are invited to submit, with their comments, notification of any relevant patent rights and copyrights of which they are aware and to provide supporting documentation. The attention of users of this taxonomy is directed to the possibility that its use may require use of an invention covered by patent rights. XBRL International and the owners of the taxonomy shall not be responsible for identifying patents for which a license may be required by this taxonomy, or for conducting legal inquiries into the legal validity or scope of those patents that are brought to its attention. This taxonomy is prospective and advisory only. Prospective users are responsible for protecting themselves against liability for infringement of patents. XBRL International and the owners of this taxonomy takes no position regarding the validity or scope of any intellectual property or other rights that might be claimed to pertain to the implementation or use of the technology defined by implied by the taxonomy or the extent to which any license under such rights might or might not be available; neither do they represent that they has made any effort to identify any such rights. Members of XBRL International agree to grant certain licenses under the XBRL International Intellectual Property Policy (www.xbrl.org/legal). ALL PARTIES ACKNOWLEDGE THAT ALL INFORMATION PROVIDED AS PART OF THIS TAXONOMY OR ITS ASSOCIATED FILES IS PROVIDED "AS IS" WITH NO WARRANTIES WHATSOEVER, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, AND THE PARTIES EXPRESSLY DISCLAIM ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR ANY PARTICULAR PURPOSE, NONINFRINGEMENT, OR TITLE, OR ANY WARRANTY OTHERWISE ARISING OUT OF ANY PROPOSAL, RECOMMENDATION, OR SAMPLE; OR ANY WARRANTY THAT THE USE OF THE CONTENTS OF THE TAXONOMY OR ITS ASSOCIATED FILES WILL NOT INFRINGE ANY THIRD PARTY PATENTS, COPYRIGHTS, TRADEMARKS OR OTHER RIGHTS. IN NO EVENT WILL XBRL INTERNATIONAL OR THE OWNERS OR AUTHORS OF THE TAXONOMY BE LIABLE TO ANY USER OR ANY THIRD PARTY FOR THE COST OF PROCURING SUBSTITUTE GOODS OR SERVICES, LOST PROFITS, LOSS OF USE, LOSS OF DATA OR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, PUNITIVE OR SPECIAL DAMAGES, WHETHER UNDER CONTRACT, TORT, WARRANTY OR OTHERWISE, ARISING IN ANY WAY OUT OF THE USE OF THIS TAXONOMY OR ITS ASSOCIATED FILES, OR THE PERFORMANCE OR IMPLEMENTATION OF THE CONTENTS THEREOF OF ANY TYPE WHATSOEVER, WHETHER OR NOT SUCH PARTY HAD ADVANCE NOTICE OF THE POSSIBILITY OF SUCH DAMAGES. This taxonomy and all related documentation
(the "taxonomy") is made available as a public service only and on
an "as is" basis only by the ISA and the IFRS Hebrew labels by the IsASB, and none of the ISA, the IsASB
and any person, personally or legally with the creation or distribution of
this taxonomy, to the fullest extent permitted by law, make any, and
expressly disclaim all, representations, warranties and conditions, whether
express or implied, regarding same, including without limitation regarding merchantability,
non-infringement of third parties' rights, and fitness for particular
purpose, and regarding the accuracy, reliability, or completeness of the
taxonomy or results using same. |