zk1212335.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
 
For the Month of November 2012
 
CAMTEK LTD.
(Translation of Registrant’s Name into English)
 
Ramat Gavriel Industrial Zone
P.O. Box 544
Migdal Haemek 23150
ISRAEL
(Address of Principal Corporate Offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F x Form 40-F o
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
 
Yes o No x
 
 
 

 
 
SIGNATURE
 
        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
   
CAMTEK LTD.
(Registrant)
 
By: /s/ Moshe Eisenberg
——————————————
Moshe Eisenberg,
Chief Financial Officer
 
Dated: November 29, 2012
 
 
 

 
 
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 to 2011 and the first and second quarters of 2012 were given in the Company’s previous reports concerning the Standard.
 
The net amount of capitalized development expenses reflected on Priortech’s consolidated statements for the nine-month period ended September 30, 2012 is US$(117) thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on September 30, 2012, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of September 30, 2012, are displayed in the following table:
 
Base Amout
Deal Type
Expiry Date
Trade Date
Spot
 Bank Evaluation US$
-400,000
Bought Eu.Opt
27/03/2013
14/05/2012
3.8300
2,344
400,000
Sold Eu.Opt
27/03/2013
14/05/2012
3.8300
-5,877
-400,000
Bought Eu.Opt
26/02/2013
14/05/2012
3.8300
1,899
400,000
Sold Eu.Opt
26/02/2013
14/05/2012
3.8300
-5,193
-300,000
Bought Eu.Opt
29/01/2013
14/05/2012
3.8300
1,083
300,000
Sold Eu.Opt
29/01/2013
14/05/2012
3.8300
-3,300
-400,000
Bought Eu.Opt
25/12/2012
14/05/2012
3.8300
852
400,000
Sold Eu.Opt
25/12/2012
14/05/2012
3.8300
-3,144
-400,000
Bought Eu.Opt
27/11/2012
14/05/2012
3.8300
402
400,000
Sold Eu.Opt
27/11/2012
14/05/2012
3.8300
-2,101
-400,000
Bought Eu.Opt
29/10/2012
14/05/2012
3.8300
75
400,000
Sold Eu.Opt
29/10/2012
14/05/2012
3.8300
-946
-400,000
Bought Eu.Opt
27/12/2012
02/05/2012
3.7850
376
400,000
Sold Eu.Opt
27/12/2012
02/05/2012
3.7850
-3,758
-400,000
Bought Eu.Opt
29/11/2012
02/05/2012
3.7850
113
400,000
Sold Eu.Opt
29/11/2012
02/05/2012
3.7850
-2,158
200,000
Sold Eu.Opt
29/10/2012
20/07/2012
4.0270
-140
-200,000
Sold Eu.Opt
29/10/2012
20/07/2012
4.0270
3,548
200,000
Sold Eu.Opt
27/11/2012
20/07/2012
4.0270
-393
-200,000
Sold Eu.Opt
27/11/2012
20/07/2012
4.0270
4,103
200,000
Sold Eu.Opt
27/12/2012
20/07/2012
4.0270
-760
-200,000
Sold Eu.Opt
27/12/2012
20/07/2012
4.0270
4,491
200,000
Sold Eu.Opt
26/02/2013
23/07/2012
4.0270
-1,427
-200,000
Sold Eu.Opt
26/02/2013
23/07/2012
4.0270
5,349
200,000
Sold Eu.Opt
27/03/2013
23/07/2012
4.0270
-1,741
-200,000
Sold Eu.Opt
27/03/2013
23/07/2012
4.0270
5,679
-400,000
Bought Eu.Opt
29/10/2012
02/05/2012
3.7850
15
400,000
Sold Eu.Opt
29/10/2012
02/05/2012
3.7850
-1,188
-400,000
Bought Eu.Opt
29/01/2013
02/05/2012
3.7850
966
400,000
Sold Eu.Opt
29/01/2013
02/05/2012
3.7850
-4,890
 
 
 

 
 
-200,000
Bought Eu.Opt
27/12/2012
06/03/2012
3.8110
340
200,000
Sold Eu.Opt
27/12/2012
06/03/2012
3.8110
-1,407
-200,000
Bought Eu.Opt
27/11/2012
06/03/2012
3.8110
137
200,000
Sold Eu.Opt
27/11/2012
06/03/2012
3.8110
-919
-200,000
Bought Eu.Opt
29/10/2012
06/03/2012
3.8110
13
200,000
Sold Eu.Opt
29/10/2012
06/03/2012
3.8110
-310
-500,000
Bought Eu.Opt
25/12/2012
28/02/2012
3.7910
536
500,000
Sold Eu.Opt
25/12/2012
28/02/2012
3.7910
-3,406
-500,000
Bought Eu.Opt
27/11/2012
28/02/2012
3.7910
182
500,000
Sold Eu.Opt
27/11/2012
28/02/2012
3.7910
-2,299
-500,000
Bought Eu.Opt
29/10/2012
28/02/2012
3.7910
16
500,000
Sold Eu.Opt
29/10/2012
28/02/2012
3.7910
-1,012
-500,000
Bought Eu.Opt
27/12/2012
05/01/2012
3.8550
1,101
500,000
Sold Eu.Opt
27/12/2012
05/01/2012
3.8550
-3,069
-500,000
Bought Eu.Opt
28/11/2012
05/01/2012
3.8550
519
500,000
Sold Eu.Opt
28/11/2012
05/01/2012
3.8550
-1,812
-500,000
Bought Eu.Opt
29/10/2012
05/01/2012
3.8550
94
500,000
Sold Eu.Opt
29/10/2012
05/01/2012
3.8550
-584
-300,000
Forward
02/10/2012
29/09/2012
3.9260
1,043
-300,000
Forward
02/10/2012
29/09/2012
3.9220
736