{"id":386401,"date":"2020-11-23T01:52:48","date_gmt":"2020-11-23T06:52:48","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386401"},"modified":"2020-11-23T01:52:48","modified_gmt":"2020-11-23T06:52:48","slug":"cellcom-israel-announces-third-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/","title":{"rendered":"Cellcom Israel announces Third Quarter 2020 Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>NETANYA, Israel, <span class=\"xn-chron\">Nov. 23, 2020<\/span> \/PRNewswire\/ &#8212; <\/p>\n<p>\n        <b><br \/>\n          <i>Cellcom Israel concludes the third quarter of 2020 with an increase of 3% in revenues compared to the third quarter last year. Revenues totaled <span class=\"xn-money\">NIS 956 million<\/span>. However, corona virus crisis continues to adversely affect the Company&#8217;s results and led to a loss of <span class=\"xn-money\">NIS 37<\/span><sup>3<\/sup><\/i><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <i>million and Adjusted EBITDA<sup><b>1<\/b><\/sup>of <span class=\"xn-money\">NIS 231 million<\/span> for the third quarter<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>THIRD QUARTER 2020<sup>3<\/sup>\u00a0HIGHLIGHTS <i>(compared to third quarter of 2019):<\/i><\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <b>Total Revenues<\/b> totaled <span class=\"xn-money\">NIS 956 million<\/span> (<span class=\"xn-money\">$278 million<\/span>) compared to <span class=\"xn-money\">NIS 928 million<\/span> (<span class=\"xn-money\">$270 million<\/span>) in the third quarter last year, an increase of 3.0%.\u00a0 <\/li>\n<li>\n          <b>Service revenues <\/b>totaled <span class=\"xn-money\">NIS 695 million<\/span> (<span class=\"xn-money\">$202 million<\/span>) compared to <span class=\"xn-money\">NIS 709 million<\/span> (<span class=\"xn-money\">$206 million<\/span>) in the third quarter last year, a decrease of 2.0%. <\/li>\n<li>\n          <b>Equipment revenues<\/b> totaled <span class=\"xn-money\">NIS 261 million<\/span> (<span class=\"xn-money\">$76 million<\/span>) compared to <span class=\"xn-money\">NIS 219 million<\/span> (<span class=\"xn-money\">$64 million<\/span>) in the third quarter last year, an increase of 19.2%. <\/li>\n<li>\n          <b>Operating loss<\/b> totaled <span class=\"xn-money\">NIS 6 million<\/span> (<span class=\"xn-money\">$1 million<\/span>) compared to Operating income of <span class=\"xn-money\">NIS 36 million<\/span> (<span class=\"xn-money\">$10 million<\/span>) in the third quarter last year<b>.<\/b><\/li>\n<li>\n          <b>Loss<\/b> totaled <span class=\"xn-money\">NIS 37 million<\/span> (<span class=\"xn-money\">$10 million<\/span>) compared to <span class=\"xn-money\">NIS 2 million<\/span> (<span class=\"xn-money\">$1 million<\/span>) in the third quarter last year<b>.<\/b><\/li>\n<li>\n          <b>Adjusted<\/b><br \/>\n          <b>EBITDA<sup>1<\/sup><\/b> totaled <span class=\"xn-money\">NIS 231<\/span><sup>3<\/sup> million (<span class=\"xn-money\">$67 million<\/span>) compared to <span class=\"xn-money\">NIS 271 million<\/span> (<span class=\"xn-money\">$79 million<\/span>) in the third quarter last year, a decrease of 14.8%<b>.<\/b><\/li>\n<li>\n          <b>Net cash from operating activities <\/b>totaled <span class=\"xn-money\">NIS 202 million<\/span> (<span class=\"xn-money\">$59 million<\/span>)\u00a0compared to <span class=\"xn-money\">NIS 273 million<\/span> (<span class=\"xn-money\">$79 million<\/span>) in the third quarter\u00a0last year, a decrease\u00a0of 26.0%. <\/li>\n<li>\n          <b>Free cash flow<sup>1<\/sup><\/b> totaled <span class=\"xn-money\">NIS 44 million<\/span> (<span class=\"xn-money\">$13 million<\/span>)\u00a0compared to <span class=\"xn-money\">NIS 53 million<\/span> (<span class=\"xn-money\">$15 million<\/span>) in the third quarter\u00a0last year (excluding a total of approximately <span class=\"xn-money\">NIS 181 million<\/span> resulting from the sale of independent fiber optic infrastructure of the company in residential areas to IBC).<\/li>\n<\/ul>\n<div>\n<table id=\"convertedTable328b\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Please see &#8220;Use of Non-IFRS financial measures&#8221; section in continued of this press release.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">As of January 1, 2019 the Company is applying International Financial Reporting Standard IFRS 16, Leases. The effects of applying the standard in the third quarter of 2020 and the third quarter of 2019 amounted to an increase of NIS 64 million and NIS 72 million in Adjusted EBITDA respectively, an increase of NIS 65 million and NIS 71 million in Cash flows from operating activities respectively.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">The Group&#8217;s results include Golan&#8217;s results from the date closing of the transaction, i.e. as of September 2020<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Avi Gabbay<\/span>, the Company&#8217;s Chief Executive Officer, referred to the results of the third quarter of 2020:<\/b>\n      <\/p>\n<p>&#8220;In the third quarter, we continued to deal with the effects of the Corona virus pandemic which continued to adversely affect the Company&#8217;s results. Given the many challenges, we are working to adjust our expense structure and remain focused on providing excellent service to our customers.<\/p>\n<p>We continue to grow our TV and Internet subscriber-base and continue to transfer existing customers to fiber optic. Cellcom Israel currently has approximately 80,000 active fiber customers out of approximately 500,000 households in connected buildings to the IBC&#8217;s fiber infrastructure.<\/p>\n<p>During the quarter, an investment agreement was signed for HOT to enter as a partner in IBC, pending regulatory approvals. The agreement will allow for a significant expansion in the scope of optical fiber deployment and at an accelerated pace. The wide deployment will transform Cellcom Israel from a company that relies on the fixed network of others to a partner in an extensive and independent infrastructure.<\/p>\n<p>This quarter, we completed the acquisition of Golan Telecom Ltd. (&#8220;Golan&#8221;). The transaction strengthens Cellcom Israel&#8217;s position as a leading communications company and is expected to significantly contribute to Cellcom Israel&#8217;s adjusted EBITDA and free cash flow.<\/p>\n<p>We received the license for 5G and we are setting up sites that will support this network alongside the expansion of our 4G network which improves the network&#8217;s performance and the level of service to our customers.&#8221;<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Shai Amsalem<\/span>, the Company&#8217;s Chief Financial Officer, said: <\/b>\n      <\/p>\n<p>&#8220;The current quarter includes for the first time, the consolidation of Golan&#8217;s results, the acquisition of which was completed in late August and therefore the consolidation includes the results of only one month. The results of the third quarter, reflect the continued impact of the <span id=\"spanHghlt918d\">Corona virus <\/span>pandemic which caused a sharp decline in roaming revenues from our customers travelling abroad and tourists arriving in <span class=\"xn-location\">Israel<\/span>. <\/p>\n<p>The Company&#8217;s operating expenses declined by <span class=\"xn-money\">NIS 20 million<\/span> year over year and reflect the effect of the efficiency measures implemented by the Company. Operating expenses compared with the previous quarter increased due to an increase in activity in the Company&#8217;s service centers and points of sale.<\/p>\n<p>Revenues from fixed-line services continued to grow, thanks to the recruitment of new Internet and TV customers and the transfer of existing customers to the fiber infrastructure.<\/p>\n<p>Revenues from the sale of equipment in the cellular sector increased compared to the same period last year due to among other aspects an increase in online sales. At the same time, these sales carry low gross profit margin. <\/p>\n<p>The Company&#8217;s adjusted EBITDA in the third quarter of 2020 amounted to <span class=\"xn-money\">NIS 231 million<\/span>, reflecting a decrease of 14.8% compared with the corresponding quarter last year, mainly in light of the sharp decline in the Company&#8217;s revenue from roaming services.<\/p>\n<p>Free cash flow for the third quarter of 2020 amounted to <span class=\"xn-money\">NIS 44 million<\/span>, compared with <span class=\"xn-money\">NIS 53 million<\/span> in the corresponding quarter (excluding the proceeds from the sale of our fiber network in residential neighborhoods to IBC). The decrease in free cash flow was mainly due to the continued impact of the decline in roaming revenues.&#8221;<\/p>\n<p>Cellcom Israel Ltd. (NYSE: CEL; TASE: CEL) (&#8220;Cellcom Israel&#8221; or the &#8220;Company&#8221; or the &#8220;Group&#8221;)\u00a0announced today its financial results for the third quarter of 2020.<\/p>\n<p>\n        <b>Main <u>Consolidated<\/u> Financial Results: <\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen5\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2020<sup>3<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Change%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntar prnpl6 prnsbld prnpr14\">\n              \n            <\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prnsbt1 prnsbrd prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS million<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prnsbt1 prnsbrd prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ million<br \/>\u00a0<\/b><br \/>\n                  <b>(convenience translation)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total revenues<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17 prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>956<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">928<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>278<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">270<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Operating (loss) Income <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(6)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">36<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loss<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,750%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbrd prnvab prnsbbs prntar prnpl6 prnsbl1\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Free cash flow<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>44<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">234<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prnsbts prnrbrb0 prnvab prnsbbs prntar prnpl6 prnsbls prnpr4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(81.2)%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>13<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">68<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>231<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">271<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prnrbrb0 prnvab prnsbbs prntar prnpl6 prnpr4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(14.8)%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>67<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">79<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA, as percent of total <br \/>\u00a0revenues<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>24.2%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">29.2%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(17.1)%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen26\">\n              \n            <\/td>\n<td class=\"prnsbt1 prnsbrd prnvab prnsbbd prntar prnpl6 prnsbl1 prnpr14\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Main Financial Data by Operating Segments:<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <br \/>\n        <\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbtd prnrbrs prnvab prnsbb1 prntar prnpl6 prnsbld prnpr14\">\n              \n            <\/td>\n<td colspan=\"3\" nowrap=\"nowrap\" class=\"prngen29\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellular (*)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen29\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fixed-line (**)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen29\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Inter-segment adjustments<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(***)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prnsbtd prnsbrd prnvab prnsbb1 prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Consolidated results<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtd prnrbrs prnvab prnsbb1 prnpl6 prnsbld prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS million<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;19<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Change<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;19<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Change<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;19<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbtd prnrbrs prnvab prnsbb1 prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3&#8217;1<\/b><br \/>\n                  <b>9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbtd prnsbrd prnvab prnsbb1 prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Change<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbts prnsbr1 prnvab prnsbbs prnpl6 prnsbld prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total revenues<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>637<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">611<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.3%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>365<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">358<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen40\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(46)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen40\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(41)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen41\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>956<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen41\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">928<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnsbrd prnvab prnsbbs prntar prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Service revenues <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>414<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">439<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen43\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(5.7)%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>327<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">311<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.1%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(46)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(41)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>695<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">709<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen44\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2.0)%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Equipment revenues<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>223<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">172<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">29.7%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>38<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">47<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen43\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(19.1)%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>261<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">219<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19.2%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>114<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">185<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen43\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(38.4)%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>117<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">86<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">36.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>231<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">271<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen44\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(14.8)%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA, as percent of total <br \/>\u00a0revenues<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>17.9%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">30.3%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbbd prntar prnpl6 prnsbl1 prnpr4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(40.9)%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>32.1%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">33.8%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen26\">\n              \n            <\/td>\n<td class=\"prngen26\">\n              \n            <\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>24.2%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">29.2%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(17.1)%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"12\" class=\"prnsbts prnrbrb0 prnvab prnsbtb0 prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0(*)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The segment includes the cellular communications services, end user cellular equipment and supplemental services.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"12\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(**)\u00a0\u00a0\u00a0\u00a0 The segment includes landline telephony services, internet services, television services, transmission services, end user fixed-line equipment and supplemental services.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"12\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(***)\u00a0\u00a0\u00a0\u00a0\u00a0 Include cancellation of inter-segment revenues between &#8220;Cellular&#8221; and &#8220;Fixed-line&#8221; segments.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>FINANCIAL REVIEW (THIRD QUARTER OF 2020 COMPARED TO THIRD QUARTER OF 2019)<span id=\"spanHghlte95f\">:<\/span><\/b>\n      <\/p>\n<p>The Group&#8217;s results include Golan&#8217;s results as of <span class=\"xn-chron\">September 2020<\/span><\/p>\n<p>\n        <b>Revenues<\/b> for the third quarter of 2020 increased 3.0% totaling <span class=\"xn-money\">NIS 956 million<\/span> (<span class=\"xn-money\">$278 million<\/span>), compared to <span class=\"xn-money\">NIS 928 million<\/span> (<span class=\"xn-money\">$270 million<\/span>) in the third quarter last year. The increase in revenues is mainly attributed to a 19.2% increase in equipment revenues, which was partially offset by a 2.0% decrease in service revenues.<\/p>\n<p>\n        <b>Service revenues<\/b> totaled <span class=\"xn-money\">NIS 695 million<\/span> (<span class=\"xn-money\">$202 million<\/span>) in the third quarter of 2020, a 2.0% decrease from <span class=\"xn-money\">NIS 709 million<\/span> (<span class=\"xn-money\">$206 million<\/span>) in the third quarter last year. <\/p>\n<p>\n        <b>Service revenues in the cellular segment<\/b> totaled <span class=\"xn-money\">NIS 414 million<\/span> (<span class=\"xn-money\">$120 million<\/span>) in the third quarter of 2020, a 5.7% decrease from <span class=\"xn-money\">NIS 439 million<\/span> (<span class=\"xn-money\">$128 million<\/span>) in the third quarter last year. This decrease resulted mainly from decrease of the Company&#8217;s roaming services activities as a result of the <span id=\"spanHghlt9186\">Corona virus<\/span> crisis which was partially offset by revenues from Golan\u00a0(consolidated as of September).<\/p>\n<p>\n        <b>Service revenues in the fixed-line segment<\/b> totaled <span class=\"xn-money\">NIS 327 million<\/span> (<span class=\"xn-money\">$95 million<\/span>) in the third quarter of 2019, a 5.1% increase from <span class=\"xn-money\">NIS 311 million<\/span> (<span class=\"xn-money\">$90 million<\/span>) in the third quarter last year. \u00a0The increase resulted mainly from an increase in revenues from internet and TV services.<\/p>\n<p>\n        <b>Equipment revenues<\/b> totaled <span class=\"xn-money\">NIS 261 million<\/span> (<span class=\"xn-money\">$76 million<\/span>) in the third quarter of 2020, a 19.2% increase compared to <span class=\"xn-money\">NIS 219 million<\/span> (<span class=\"xn-money\">$64 million<\/span>) in the third quarter last year. The increase resulted, among other things, from an increase in the quantity of end user equipment sold online in the cellular segment. <\/p>\n<p>\n        <b>Cost of revenues\u00a0<\/b>for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 744 million<\/span> (<span class=\"xn-money\">$216 million<\/span>), a 12.9% increase compared to <span class=\"xn-money\">NIS 659 million<\/span> (<span class=\"xn-money\">$192 million<\/span>) in the third quarter of 2019. This increase resulted mainly from an increase in the quantity of end user equipment sold in the cellular segment, an increase in the costs of interconnect as a result of an increase in minutes and additional expenses of Golan which was consolidated into the Group&#8217;s results as of September. This increase was partially offset by decrease of TV services&#8217; content costs.<\/p>\n<p>\n        <b>Gross profit <\/b>for the third quarter of 2020 decreased 21.2% to <span class=\"xn-money\">NIS 212 million<\/span> (<span class=\"xn-money\">$62 million<\/span>), compared to <span class=\"xn-money\">NIS 269 million<\/span> (<span class=\"xn-money\">$78 million<\/span>) in the third quarter of 2019. Gross profit\u00a0margin\u00a0for the third quarter of 2020 amounted to 22.2%, down from 29.0% in the third quarter of 2019. This is, among other things, due to increase in sales of end user equipment at a low gross profit.<\/p>\n<p>\n        <b>Selling, Marketing, General and Administrative Expenses<\/b><br \/>\n        <b>and Credit losses<\/b> (&#8220;SG&amp;A Expenses&#8221;) for the third quarter of 2020 decreased 6.6% to <span class=\"xn-money\">NIS 227 million<\/span> (<span class=\"xn-money\">$66 million<\/span>), compared to <span class=\"xn-money\">NIS 243 million<\/span> (<span class=\"xn-money\">$71 million<\/span>) in the third quarter of 2019. This decrease resulted mainly from a decrease in salaries and advertising expenses as a result of streamlining the Company&#8217;s made.<\/p>\n<p>\n        <b>Operating loss<\/b> for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 6 million<\/span> (<span class=\"xn-money\">$1 million<\/span>), compared to operating income of <span class=\"xn-money\">NIS 36 million<\/span> (<span class=\"xn-money\">$10 million<\/span>) in the third quarter of 2019. The operating loss is mainly due to the adverse effect of <span id=\"spanHghlt9b88\">Corona virus<\/span> crisis <span id=\"spanHghlta19d\">over<\/span> the Company&#8217;s revenues from roaming services.<\/p>\n<p>\n        <b>Adjusted EBITDA<\/b> for the third quarter of 2020 decreased by 14.8% totaling <span class=\"xn-money\">NIS 231 million<\/span> (<span class=\"xn-money\">$67 million<\/span>) compared to <span class=\"xn-money\">NIS 271 million<\/span> (<span class=\"xn-money\">$79 million<\/span>) in the third quarter of 2019.\u00a0Adjusted\u00a0EBITDA as a percent of revenues for the third quarter of 2020 totaled 24.2%, down from 29.2% in the third quarter of 2019. <\/p>\n<p>Cellular segment Adjusted\u00a0EBITDA for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 114 million<\/span> (<span class=\"xn-money\">$33 million<\/span>), compared to <span class=\"xn-money\">NIS 185 million<\/span> (<span class=\"xn-money\">$54 million<\/span>) in the third quarter last year, a decrease of 38.4%, which resulted mainly from a decrease in roaming services activities as a result of the <span id=\"spanHghlt4035\">Corona virus<\/span> crisis and a decrease in the contribution of end-user equipment sales.<\/p>\n<p>Fixed-line segment Adjusted\u00a0EBITDA for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 117 million<\/span> (<span class=\"xn-money\">$34 million<\/span>), compared to <span class=\"xn-money\">NIS 86 million<\/span> (<span class=\"xn-money\">$25 million<\/span>) in the third quarter last year, a 36.0% increase, which resulted mainly from increase in activity in internet and TV fields, as well as, due to cost savings related to the fixed-line segment as a result of transfer subscribers to fiber infrastructure and decrease of TV&#8217;s content costs.<\/p>\n<p>\n        <b>Financing expenses, net<\/b> for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 32 million<\/span> (<span class=\"xn-money\">$9 million<\/span>), compared with <span class=\"xn-money\">NIS 31 million<\/span> (<span class=\"xn-money\">$9 million<\/span>) in the third quarter of 2019, an increase of 3.2%. <\/p>\n<p>\n        <b>Loss<\/b> for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 37 million<\/span> (<span class=\"xn-money\">$10 million<\/span>), compared with loss of <span class=\"xn-money\">NIS 2 million<\/span> (<span class=\"xn-money\">$1 million<\/span>) in the third quarter of 2019. As stated, the loss is mainly due to the adverse effect of the <span id=\"spanHghlt24ce\">Corona virus<\/span> crisis\u00a0on the Company&#8217;s revenues from roaming services.<\/p>\n<p>\n        <b>Basic loss per share<\/b> for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 0.22<\/span><span class=\"xn-money\">($0.07)<\/span>, compared to basic loss per share of <span class=\"xn-money\">NIS 0.01<\/span><span class=\"xn-money\">($0.003)<\/span> in the third quarter last year.<\/p>\n<p><\/p>\n<p>\n        <b>OPERATING REVIEW<\/b>\n      <\/p>\n<p>\n        <b>MAIN PERFORMANCE INDICATORS <\/b><br \/>\n        <b>&#8211; CELLULAR SEGMENT<\/b>:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnsbr1 prnvab prnsbbs prntar prnpl6 prnsbls prnpr14\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen48\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2020<sup>3<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Change (%)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen50\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cellular subscribers at the end of period (in thousands)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3,641<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,767<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">31.6%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen50\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Churn Rate for cellular subscribers (in %)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen17 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>8.7%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.4%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen43\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(23.7)%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen50\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Monthly cellular ARPU (in NIS)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>45.7<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">53.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen43\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(14.0)%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>(3) Includes Golan&#8217;s indicators from September, 2020.<\/p>\n<p>\n        <b>Cellular subscriber base <\/b>of the Company at the end of the third quarter of 2020 was 3.641 million subscribers. The increase in subscriber base is due to the completion of the Golan acquisition.<\/p>\n<p>\n        <b>Cellular Churn Rate<\/b> for the third quarter of 2020 totaled 8.7%, compared to 11.4% in the third quarter last year. <\/p>\n<p>The monthly cellular <b>Average Revenue per User (&#8220;ARPU&#8221;)<\/b> for the third quarter of 2020 totaled <span class=\"xn-money\">45.7 NIS<\/span><span class=\"xn-money\">($13.3)<\/span>, compared to <span class=\"xn-money\">NIS 53.2<\/span><span class=\"xn-money\">($15.5)<\/span> in the third quarter last year. The decrease in ARPU resulted mainly from decrease in demand of the Company&#8217;s roaming services as a result of the <span id=\"spanHghlt3f28\">Corona virus<\/span> crisis and the ongoing erosion in the prices of cellular services. <\/p>\n<p>\n        <b>MAIN PERFORMANCE INDICATORS &#8211; FIXED-LINE SEGMENT:<\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen5\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3\/2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Change (%)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Internet infrastructure field subscribers <br \/>\u00a0&#8211;<\/b> (households) at the end of period (in thousands)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>289<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">278<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>TV field subscribers &#8211;<\/b> at the end of period (in thousands)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prnsbt1 prnrbrs prnvab prnsbbd prntar prnpl6 prnsbls prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>251<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">247<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbrd prnvab prnsbbd prntar prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.6%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>In the third quarter of 2020, the Company&#8217;s subscriber base in the TV field increased by approximately 6,000 net subscribers and the Company&#8217;s subscriber base in the internet infrastructure field increased by approximately 6,000 net households. <\/p>\n<p>\n        <b>FINANCING AND INVESTMENT REVIEW<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Cash Flow<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>Free cash flow<\/b> for the third quarter of 2020 totaled <span class=\"xn-money\">NIS 44 million<\/span> (<span class=\"xn-money\">$13 million<\/span>), compared to <span class=\"xn-money\">NIS 234 million<\/span> (<span class=\"xn-money\">$68 million<\/span>) in the third quarter of 2019. In the corresponding quarter, the Company received an amount of approx. <span class=\"xn-money\">NIS 181 million<\/span> as a result of the sale of the Company&#8217;s independent fiber optic infrastructure in residential areas to IBC. The decrease in the free cash flow from <span class=\"xn-money\">NIS 53 million<\/span> (<span class=\"xn-money\">$15 million<\/span>) to <span class=\"xn-money\">NIS 44 million<\/span> (<span class=\"xn-money\">$13 million<\/span>) is mainly due the decrease in receipts from roaming services which was offset by a decrease in capital expenditures in fixed assets and intangible assets.<\/p>\n<p>\n        <b><br \/>\n          <u>Total Equity<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Total Equity as of <span class=\"xn-chron\">September 30, 2020<\/span> amounted to <span class=\"xn-money\">NIS 1,918 million<\/span> (<span class=\"xn-money\">$558 million<\/span>). During the quarter, series 4 options in an amount of <span class=\"xn-money\">NIS 75 million<\/span> were exercised which mainly increased the equity. <\/p>\n<p>\n        <b><br \/>\n          <u>Cash Capital Expenditures in Fixed Assets and Intangible Assets and others<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>During the third quarter of 2020, the Company invested <span class=\"xn-money\">NIS 108 million<\/span> (<span class=\"xn-money\">$31 million<\/span>) in fixed assets and intangible assets and others (including, among others, investments in the Company&#8217;s communications networks, information systems, software and TV set-top boxes and capitalization of part of the customer acquisition costs as a result of the adoption of IFRS 15), compared to <span class=\"xn-money\">NIS 149 million<\/span> (<span class=\"xn-money\">$43 million<\/span>) in the third quarter of 2019.<\/p>\n<p>\n        <b><br \/>\n          <u>Dividend <\/u><br \/>\n        <\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">November 22, 2020<\/span>, the Company&#8217;s Board of Directors decided not to declare a cash dividend for the third quarter of 2020. In making its decision, the board of directors considered the Company&#8217;s dividend policy and business status and decided not to distribute a dividend at this time, given the intensified competition and its adverse effect on the Company&#8217;s results of operations, and in order to strengthen the Company&#8217;s balance sheet. The board of directors will re-evaluate its decision in future quarters. No future dividend declaration is guaranteed and is subject to the Company&#8217;s board of directors&#8217; sole discretion, as detailed in the Company&#8217;s annual report for the year ended <span class=\"xn-chron\">December 31, 2019<\/span> on Form 20-F\u00a0filed on\u00a0March 23, 2020, or the 2019 Annual Report, under &#8220;Item 8 &#8211; Financial Information \u2013 A. Consolidated Statements and Other Financial Information &#8211; Dividend Policy&#8221;.<\/p>\n<p>\n        <b>OTHER DEVELOPMENTS DURING THE THIRD QUARTER OF 2020 AND SUBSEQUENT TO THE END OF THE REPORTING PERIOD<\/b>\n      <\/p>\n<p>\n        <u><br \/>\n          <b>Golan Transaction<\/b><br \/>\n        <\/u>\n      <\/p>\n<p>Following the Company&#8217;s previous announcements regarding the signing of a binding memorandum of understanding for the purchase of Golan Telecom Ltd., or Golan, and approval of the transaction by the Israeli Competition Authority and the Israeli Ministry of Communications, or MOC, the Company concluded the acquisition of Golan&#8217;s entire share capital, for a total sum of approximately <span class=\"xn-money\">NIS 613 million<\/span> (approximately <span class=\"xn-money\">NIS 545 million<\/span> plus an amount equal to the cash and\u00a0deposits\u00a0of Golan as of the closing date and minus transaction expenses as agreed between the parties)\u00a0on <span class=\"xn-chron\">August 26, 2020<\/span>. <\/p>\n<p>In addition, as previously reported, Golan&#8217;s MNO license was replaced with an MVNO license for an interim period, following the deposit of a bank guarantee by Golan with the MOC, in the sum of approximately <span class=\"xn-money\">NIS 75 million<\/span>, in respect of the demand that Golan will return certain monetary benefits previously received from the MOC, which Golan disputes.<\/p>\n<p>\n        <u><br \/>\n          <b>IBC Transaction<\/b><br \/>\n        <\/u>\u00a0<\/p>\n<p>In <span class=\"xn-chron\">September 2020<\/span>, the Company announced that it, together with the Israel Infrastructure Fund, or IIF, entered into an investment transaction with Hot Telecommunication Systems Ltd., (together with its affiliates &#8220;Hot&#8221;) in IBC Israel Broadband (2013) Ltd., or IBC, composed of several agreements, or the Transaction. In addition to standard and customary conditions, the Transaction includes an undertaking to substantially increase the deployment of IBC&#8217;s fiber-optic network over the next few years and the following:<\/p>\n<p>Investment Agreements \u2013 Entered between the partnership through which the Company and IIF, hold 70% of IBC&#8217;s share capital, or the IBC Partnership, and Hot.\u00a0 Under the Investment Agreements, Hot shall become an equal partner in the IBC Partnership, and hold indirectly 23.3% of IBC&#8217;s share capital, by making an investment substantially equal to the investment made by each of the Company and IIF until the closing date of the Transaction. Further, the Investment Agreements include certain additional governance rights and dead lock mechanisms.\u00a0\u00a0\u00a0 <\/p>\n<p>IRU Agreement \u2013 Entered between IBC and Hot, under which Hot undertakes to purchase an indefeasible right, to use IBC&#8217;s fiber-optic network.<\/p>\n<p>Services Agreement \u2013 Entered between IBC and Hot, under which IBC undertakes to purchase certain services from Hot and may purchase additional services. <\/p>\n<p>IBC also undertakes to continue to purchase from the Company certain services supplied to it by the Company prior to the closing date.<\/p>\n<p>The completion of the Transaction is subject to regulatory change and required approvals, including regulatory and third party approvals. The Company cannot guarantee such change will be made and approvals will be granted.<\/p>\n<p>For additional details see the Company&#8217;s 2019 Annual Report under &#8220;Item 4 \u2013 Information on the Company \u2013 B. Business Overview \u2013 Networks and Infrastructure \u2013 Fixed-line Segment \u2013 Investment in IBC and sale of fiber-optic infrastructure to IBC&#8221;.<\/p>\n<p>\n        <b><br \/>\n          <u>Update On The <span id=\"spanHghlta523\">Corona Virus<\/span> And Implications <\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Following previous announcements, the Company&#8217;s results for the third quarter of 2020 continues to reflect the negative effects of the <span id=\"spanHghlt6431\">Corona virus<\/span> pandemic on the Company&#8217;s roaming services.<\/p>\n<p>As previously announced, the Company expects its roaming services to continue to be adversely affected by the <span id=\"spanHghlt0bc5\">Corona virus<\/span> pandemic, mainly due to implications on the outbound and inbound tourism in <span class=\"xn-location\">Israel<\/span>, a parameter that directly affects revenues from international roaming services. \u00a0\u00a0<\/p>\n<p>For additional details, see the Company&#8217;s 2019 Annual Report under &#8220;Item 3. Risk Factors \u2013 The <span id=\"spanHghlt2b9e\">Corona virus<\/span> may adversely affect our results of operations&#8221; and &#8220;Item 5. Operating and Financial Review and Prospects \u2013 A. Operating Results &#8211; Overview \u2013 General&#8221;.<\/p>\n<p>\n        <u><br \/>\n          <b>Regulation<\/b><br \/>\n        <\/u>\n      <\/p>\n<p>\n        <u>Frequencies<\/u>\u00a0<\/p>\n<p>Following the Company&#8217;s previous announcements regarding the frequencies, including 5G frequencies, won by the Company and its partners to the shared cellular network in the 2020 frequencies tender (and the completion of the acquisition of Golan by the Company), the MOC approved the frequencies allocation between the Company and Marathon 018 Xfone, or Xfone, and in <span class=\"xn-chron\">October 2020<\/span>, the MOC allocated such frequencies designated for the Company to the Company \u00a0and amended its cellular license accordingly.<\/p>\n<p>For additional details see the Company&#8217;s 2019 Annual Report under &#8220;Item 3. Key Information \u2013 D. Risk Factors \u2013 Risks Related to our Business \u2013 We operate in a heavily regulated industry, which can harm our results of operations. Regulation in <span class=\"xn-location\">Israel<\/span> has materially adversely affected our results&#8221;, &#8221; &#8211; We face intense competition in all aspects of our business&#8221;, &#8220;We may not be able to obtain permits to construct and operate cell sites&#8221;, &#8221; &#8211; We may be required to indemnify certain local planning and building committees in respect of claims against them&#8221;, &#8220;- We may be adversely affected by significant technological and other changes in the cellular communications industry&#8221; and &#8220;Item 4. Information on The Company \u2013 B. Business Overview \u2013 Network and Infrastructure- Spectrum allocation&#8221;, &#8221; \u2013 Government Regulations \u2013 Permits for cell site construction&#8221; and the Company report for the second quarter 2020 under &#8220;Other developments during the second quarter of 2020 and subsequent to the end of the reporting period \u2013 Regulation \u2013 Conclusion of the Frequencies Tender&#8221;.<\/p>\n<p>\n        <u>Network Deployment<\/u>\n      <\/p>\n<p>In <span class=\"xn-chron\">November 2020<\/span>, the MOC published a hearing proposing the following: (1) require cellular operators to execute an additional stage in their universal \u00a0deployment obligation for 4G networks, within 2 years from resolution on the matter (excluding Xfone, whose 2 years period shall commence only on 2022); (2) change the current regulation which allows national roaming and network sharing only between a veteran operator (i.e. the Company, Pelephone and Partner) and a &#8220;new&#8221; operator (i.e. Xfone and Hot Mobile) and allow all cellular operators to voluntarily cooperate, using national roaming or network sharing configuration (MOCN) in certain periphery areas and a limited number of sites.<\/p>\n<p>The Company is studying the hearing and at this preliminary stage cannot assess the implications on its results of operations, should the proposed be approved. \u00a0<\/p>\n<p>For additional details see the Company&#8217;s 2019 Annual Report under Item 3. Key Information \u2013 D. Risk Factors \u2013 Risks Related to our Business \u2013&#8221;We may not be able to obtain permits to construct and operate cell sites&#8221; and &#8220;Item 4. Information on The Company \u2013 B. Business Overview \u2013 Cellular Segment &#8211; Network and Infrastructure- Permits for Cell Site Construction&#8221;\u00a0and &#8220;Network sharing agreements&#8221;, &#8220;Government Regulations \u2013 Cellular Segment &#8211; Network Sharing&#8221; and &#8220;Permits for cell site construction&#8221;. <\/p>\n<p>\n        <u>Cell Sites<\/u>\n      <\/p>\n<p>Further to previous reports of claims made by several local planning and building authorities that the Israeli cellular operators may not receive building permits in reliance on the Israeli National Zoning Plan 36 for Communications, or the Plan, for cell sites operating in frequencies not detailed in the Plan and conflicting District Court decisions on the matter, \u00a0on <span class=\"xn-chron\">August 2020<\/span>, the Israeli Supreme Court ruled that the Plan applies to all cell sites set in the Plan, whether or not the frequencies in which they operate are detailed in the Plan, in accordance with the opinion of the Israeli Ministry of Justice and the Israeli cellular operators position.<\/p>\n<p>For additional details see the Company&#8217;s 2019 Annual Report under Item 3. Key Information \u2013 D. Risk Factors \u2013 Risks Related to our Business \u2013&#8221;We may not be able to obtain permits to construct and operate cell sites&#8221;, and &#8220;Item 4. Information on The Company \u2013 B. Business Overview \u2013 Network and Infrastructure- Permits For Cell Site Construction \u2013 National Zoning Plan 36 \u2013 Site Licensing&#8221;.<\/p>\n<p>\n        <b><br \/>\n          <u>Network Sharing Agreement<\/u><br \/>\n        <\/b>\u00a0<\/p>\n<p>In <span class=\"xn-chron\">November 2020<\/span>, the Company announced that its cellular sharing network partner, Marathon 018 Xfone Ltd., or Xfone, has not paid the monthly payment due <span class=\"xn-chron\">October 31, 2020<\/span>, under the sharing network agreement, or Debt.\u00a0 The Company issued a demand for the immediate payment of the Debt to Xfone and intends to act diligently to exercise its rights under the agreement. At this preliminary stage, the Company cannot assess the implications on the Company&#8217;s results. <\/p>\n<p>For additional details regarding the materiality of the network sharing agreement on the Company&#8217;s results, see the Company&#8217;s 2019 Annual Report under &#8220;Item 3. Risk Factors &#8211; Our network sharing agreements consideration constitute a significant portion of our revenues&#8221; and Item 4. Information on the Company \u2013 B. Business Overview \u2013 Networks and Infrastructure \u2013 Network sharing agreements&#8221;.<\/p>\n<p>\n        <b><br \/>\n          <u>Changes to the Board of Directors <\/u><br \/>\n        <\/b>\n      <\/p>\n<p>In <span class=\"xn-chron\">September 2020<\/span>, the Company&#8217;s board of directors appointed Mr. <span class=\"xn-person\">Eran Shenar<\/span> and Ms. Diana Ingrid\u00a0Elsztein-Dan as members of the Company&#8217;s Board of Directors. Mr. Shenar was nominated to the board by the Company&#8217;s employees, as per the <span class=\"xn-chron\">February 2020<\/span> collective employment agreement.<\/p>\n<p>\n        <i>Mr. Shenar is the founder and co-owner of Best-Medical Center as of 2019 and of the Multidisciplinary Center of Gastroenterology since 2015 and has served <\/i>as a <i>business and financial consultant since 2010. From 2009 to 2011 Mr. Shenar served as a director and chairman of the finance committee of Sinopsis Ltd. and a partner in Altos Private Equity. From 2007 to 2009 he served as CEO of Katzir holding fund and as a director in various private companies. From 2003 to 2007 he served as the manager of the Strauss-Elite merger (2003) and Strategic control manager in Strauss-Elite Group and from 1998 \u2013 2003 he served as a manager in the financial advisory division of Somech-Chaikin, KPMG. Mr. Shenar is a Certified Public Accountant and holds an M.B.A. with major in finance, strategy and entrepreneurship and a B.A. in economics and accounting, both from the <span class=\"xn-org\">Tel-Aviv University<\/span>.<\/i><\/p>\n<p>\n        <i><br \/>\n          <i>Ms. Diana Ingrid Elsztain \u2013Dan has served as an economist at Magen Eco-Energy Ltd. since 2014. From 2019 to 2020 Ms. Elsztain -Dan served as director of Discount Investment Corporation Ltd. and from 2016 to 2020, she served as director of IDB Development Corporation Ltd., Shufersal Ltd. and Shufersal Nadlan Ltd. From 2014 to 2016 she served as a cost accountant at Ginegar Plastic Products Ltd. and from 2000 to 2012 as a cost accountant at Polysack Plastic Industries Ltd. From 1996 to 2000 she served as an accounts manager at Polysack R.a.c.s Ltd and Chemada Fine Chemicals Ltd. Ms. Diana Elsztain \u2013Dan holds an M.B.A. in Business Administration and Management from the UBA University, <span class=\"xn-location\">Argentina<\/span>. Ms. Elsztain \u2013Dan is the sister of Mr. Eduardo Elsztain, the former indirect controlling shareholder of the Company.<\/i><br \/>\n        <\/i>\n      <\/p>\n<p>In <span class=\"xn-chron\">September 2020<\/span>, Mr. <span class=\"xn-person\">Shai Amsalem<\/span> was appointed as the Company&#8217;s CFO.<\/p>\n<p>\n        <i>Mr. Amsalem has served as CFO of<\/i><br \/>\n        <i>Golan Telecom Ltd.<\/i><br \/>\n        <i>since 2017. From 2012 to 2016 he served as CFO of Tiv Taam Group. From 2010 to 2012 he served as CFO of Rav-Bariach (08) Industries Ltd. and from 2006 to 2009 he served as CFO of Gibor Sport Active wear Ltd. Mr. Amsalem is a Certified Public Accountant and holds an M.B.A. with major in finance and a B.A. with major in accounting, both from the College of Management. <\/i>\n      <\/p>\n<p>In <span class=\"xn-chron\">October 2020<\/span>, Mr. <span class=\"xn-person\">Ilan Sigal<\/span> was appointed as the Company&#8217;s VP Business Development and as CEO of Golan Telecom (a wholly owned subsidiary of the Company) effective <span class=\"xn-chron\">February 1, 2021<\/span>.<\/p>\n<p>\n        <i>Mr. Sigal has served as VP marketing of Pelephone communications Ltd., and VP marketing and business development of\u00a0Yes &#8211; D.B.S Satellite Services (1998) Ltd. and Bezeq International Ltd. since <span class=\"xn-chron\">January 2019<\/span> and from 2016 as VP marketing of Pelephone communications Ltd. From 2010 to 2016 he served as a marketing division manager of Bezeq, the Israeli Telecommunications Company Ltd. for the private and SOHO sectors and from 2007 to 2010 he served as its internet marketing department manager for the private sector. From 2004 to 2007 he served as a marketing department manager of Internet Gold-Golden Lines ltd. for the private sector. Mr. Sigal holds an M.B.A. from the Ono Academic College and a B.A. with major in communications and management, from the College of Management.<\/i>\n      <\/p>\n<p>In <span class=\"xn-chron\">November 2020<\/span>, Mr. <span class=\"xn-person\">Eli Adadi<\/span> was appointed as the Company&#8217;s VP Retail, effective <span class=\"xn-chron\">November 23, 2020<\/span>. <\/p>\n<p>\n        <i>Mr. Adadi has served as CEO of Dynamica Communications Chain Stores<\/i><br \/>\n        <i>Ltd., our wholly owned subsidiary and as manager of our retail apparatus, since 2011. \u00a0From 2009 to 2011 he served as our sales and revenues manager for the private sector. Mr. Adadi holds an M.B.A. with major in marketing and a B.A. in Business Administration, both from the <span class=\"xn-org\">Ben-Gurion University<\/span>.<\/i>\n      <\/p>\n<p>For additional details see the Company&#8217;s 2019 Annual Report under &#8220;Item 6. Directors, Senior Management and Employees&#8221; \u2013 A. Directors and Senior Management&#8221;.<\/p>\n<p>\n        <b><br \/>\n          <u>Developments Regarding Controlling Shareholder<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Following previous announcements regarding receivership actions taken in relation to the Company indirect controlling shareholder, Discount Investment Corporation Ltd., or DIC&#8217;s shares, the court appointed receivers to DIC&#8217;s shares pledged in favor of the debenture holders of IDB Development Corporation Ltd., or IDB, representing approximately 70.14% of DIC&#8217;s share capital and an additional [temporary] receiver to additional pledged DIC shares representing approximately 12.12% of DIC&#8217;s share capital. The receivers received offers for the purchase of the pledged DIC shares and on <span class=\"xn-chron\">November 20, 2020<\/span>, the court approved the sale of DIC&#8217;s pledged shares to a group of investors led by Mega Or Holdings Ltd subject to further approvals as may be required by law. Pursuant to the Company&#8217;s licenses such transfer of control requires the approval of the Israeli Ministry of Communications yet to be provided.\u00a0 <\/p>\n<p>For additional details see the Company&#8217;s 2019 Annual Report, under &#8220;Item 3. Key Information \u2013 D. Risk Factors \u2013 We are controlled by a single shareholder who can significantly influence matters requiring shareholders&#8217; approval&#8221;, &#8220;Item 4 &#8211; Information on the Company \u2013 B. Business Overview \u2013 Government Regulations Cellular Segment&#8221; &#8220;Item 7 \u2013 Major Shareholders and Related Party Transactions &#8211; A. Major Shareholders&#8221;.<\/p>\n<p>\u00a0<b><u>Debentures, Material Loans and Financial Liabilities<\/u><\/b><\/p>\n<p>In <span class=\"xn-chron\">October 2020<\/span>, the Company repaid in early repayment part of the loan in accordance with the loan agreement from <span class=\"xn-chron\">June 2017<\/span> with Israeli bank, which provided to the Company in <span class=\"xn-chron\">March 2019<\/span>, in amount of approximately <span class=\"xn-money\">NIS 113 million<\/span>.<\/p>\n<p>For information regarding the Company&#8217;s debentures and material loans, including the terms of the loan, see the Company&#8217;s 2019 Annual Report under &#8220;Item <span class=\"xn-money\">5B<\/span>. Liquidity and Capital Resources \u2013 Debt Service \u2013 Public Debentures&#8221; and &#8220;-Other Credit Facilities&#8221;. <\/p>\n<p>\n        <b><br \/>\n          <u>Affirmation of the Company&#8217;s Rating in Relation to Debentures Traded In Israel*<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>In <span class=\"xn-chron\">August 2020<\/span>, Standard &amp; Poor&#8217;s Maalot, or Maalot, affirmed the Company&#8217;s rating at ilA and maintained the Company&#8217;s rating outlook at &#8220;negative&#8221;, in relation to the Company&#8217;s debentures traded on the Tel Aviv Stock Exchange. Among its main assumptions for the rating and outlook, Maalot noted: a significant decrease in revenues from roaming services as well as a decrease in revenues from the sale of end-user equipment, as a result of the <span id=\"spanHghltb619\">Corona virus<\/span> pandemic; the completion of the acquisition of Golan, during the third quarter 2020; continued erosion in cellular segment revenues in light of the competition in the market; a decrease in the Company&#8217;s revenues and EBITDA in 2020 and a certain increase in 2021, and a certain increase in the Company&#8217;s revenues and EBITDA due to the acquisition of Golan.<\/p>\n<p>For additional details regarding the Company&#8217;s public debentures and undertakings of the Company in relation to their rating included in the Company&#8217;s shelf prospectus, see the Company&#8217;s 2019 Annual Report\u00a0under &#8220;Item 5. Operating and Financial Review and Prospects &#8211; B. Liquidity and Capital Resources \u2013 Debt Service \u2013Public Debentures&#8221;.<\/p>\n<p>*A security rating is not a recommendation to buy, sell or hold securities, it may be subject to revision or withdrawal at any time by the assigning rating organization, and each rating should be evaluated independently of any other rating.<\/p>\n<p>\n        <b>CONFERENCE CALL DETAILS<\/b>\n      <\/p>\n<p>The Company will be hosting a conference call regarding its results for the third quarter of 2020 on <span class=\"xn-chron\">Monday, November 23, 2020<\/span> at <span class=\"xn-chron\">9:00 am ET<\/span>, <span class=\"xn-chron\">06:00 am PT<\/span>, 2:00 UK time, 16:00 Israel time. On the call, management will review and discuss the results, and will be available to answer questions. To participate, please either access the live webcast on the Company&#8217;s website, or call one of the following teleconferencing numbers below. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.<\/p>\n<p>US Dial-in Number: 1 888 642 5032\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><span class=\"xn-person\">Israel Dial<\/span>-in Number: 03 918 0609\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/>International Dial-in Number: +972 3 918 0609<br \/>at: <span class=\"xn-chron\">09:00 am Eastern Time<\/span>; <span class=\"xn-chron\">06:00 am Pacific Time<\/span>; 14:00 UK Time; 16:00 Israel Time<\/p>\n<p>To access the <b>live webcast<\/b> of the conference call, please access the investor relations section of Cellcom Israel&#8217;s website: <a target=\"_blank\" href=\"http:\/\/investors.ircellcom.co.il\/events.cfm\" rel=\"nofollow noopener noreferrer\">www.cellcom.co.il<\/a>. After the call, a <b>replay<\/b> of the call will be available under the same investor relations section. <\/p>\n<p>\n        <b>About Cellcom Israel<\/b>\n      <\/p>\n<p>Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its cellular subscribers with a broad range of services including cellular telephony, roaming services, text and multimedia messaging, advanced cellular and data services and other value-added services in the areas of mobile office, data protection etc., based on Cellcom Israel&#8217;s technologically advanced infrastructure. The Company operates advanced networks enabling high speed broadband and advanced multimedia services. Cellcom Israel offers nationwide customer service including telephone customer service, retail stores, and service and sale centers. Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in <span class=\"xn-location\">Israel<\/span>. Cellcom Israel&#8217;s shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For additional information please visit the Company&#8217;s website <a href=\"http:\/\/investors.cellcom.co.il\" rel=\"nofollow\">http:\/\/investors.cellcom.co.il<\/a>. <\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>The following information contains, or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some cases, you can identify these statements by forward-looking words such as &#8220;may,&#8221; &#8220;might,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;plan,&#8221; &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;predict,&#8221; &#8220;potential&#8221; or &#8220;continue,&#8221; the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about the Company, may include projections of the Company&#8217;s future financial results, its anticipated growth strategies and anticipated trends in its business. These statements are only predictions based on the Company&#8217;s current expectations and projections about future events. There are important factors that could cause the Company&#8217;s actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause such differences include, but are not limited to: changes to the terms of the Company&#8217;s license, new legislation or decisions by the regulator affecting the Company&#8217;s operations, new competition and changes in the competitive environment, the outcome of legal proceedings to which the Company is a party, particularly class action lawsuits, the Company&#8217;s ability to maintain or obtain permits to construct and operate cell sites, and other risks and uncertainties detailed from time to time in the Company&#8217;s filings with the U.S. Securities and Exchange Commission, including under the caption &#8220;Risk Factors&#8221; in its 2019 Annual Report.\u00a0 <\/p>\n<p>Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company assumes no duty to update any of these forward-looking statements after the date hereof to conform its prior statements to actual results or revised expectations, except as otherwise required by law.<\/p>\n<p>The Company prepares its financial statements in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB). Unless noted specifically otherwise, the dollar denominated figures were converted to US$ using a convenience translation based on the New Israeli Shekel (NIS)\/US$ exchange rate of <span class=\"xn-money\">NIS 3.441<\/span> = <span class=\"xn-money\">US$ 1<\/span> as published by the Bank of Israel for <span class=\"xn-chron\">September 30, 2020<\/span>.<\/p>\n<p>\n        <b>Use of non-IFRS financial measures<\/b>\n      <\/p>\n<p>\n        <b>Adjusted EBITDA<\/b> is a non-IFRS measure and is defined as income before financing income (expenses), net; other income (expenses) that is not part of the Company&#8217;s operation; income tax; depreciation and amortization, share of profit (losses) of equity accounted investees and share based payments. This is an accepted measure in the communications industry. The Company presents this measure as an additional performance measure as the Company believes that it enables us to compare operating performance between periods and companies, net of any potential differences which may result from differences in capital structure, taxes, age of fixed assets and related depreciation expenses. Adjusted EBITDA should not be considered in isolation, or as a substitute for operating income, any other performance measures, or cash flow data, which were prepared in accordance with Generally Accepted Accounting Principles as measures of profitability or liquidity. Adjusted EBITDA does not take into account debt service requirements, or other commitments, including capital expenditures, and therefore, does not necessarily indicate the amounts that may be available for the Company&#8217;s use. In addition, Adjusted EBITDA as presented by the Company may not be comparable to similarly titled measures reported by other companies, due to differences in the way these measures are calculated. See the reconciliation of net income to Adjusted EBITDA under &#8220;Reconciliation of Non-IFRS Measures&#8221; in the press release.<\/p>\n<p>\n        <b>Free cash flow<\/b> is a non-IFRS measure and is defined as the net cash provided by operating activities (including the effect of exchange rate fluctuations on cash and cash equivalents), minus the net cash used in investing activities, excluding acquisition or selling of a subsidiary, short-term investment in tradable debentures and deposits and proceeds from sales of such debentures (including interest received in relation to such debentures) and deposits. See &#8220;Reconciliation of Non-IFRS Measures&#8221; below.<\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvat prnsbb1 prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <u>Company Contact<\/u><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Shai Amsalem<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Chief Financial Officer<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u><br \/>\n                    <a target=\"_blank\" href=\"mailto:investors@cellcom.co.il\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">investors@cellcom.co.il<\/a><br \/>\n                  <\/u><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tel: +972 52 998 9735<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <u>Investor Relations Contact<\/u><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Elad Levy <\/span>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investor Relations Manager<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u><br \/>\n                    <a target=\"_blank\" href=\"mailto:investors@cellcom.co.il\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\">investors@cellcom.co.il<\/a><br \/>\n                  <\/u><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0Tel: +972-52-998-4774\u00a0\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86 prnpr6\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Financial Tables Follow<\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"9\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellcom Israel Ltd.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen57\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0(An Israeli Corporation)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen57\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen58\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Condensed Consolidated Interim Statements of Financial Position<\/b> (Unaudited)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen58\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen57\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen59\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen59\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cash and cash equivalents<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">698<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>630<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>183<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,006<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Current investments and deposits, including derivatives<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">430<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>123<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>36<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">473<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Trade receivables<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,153<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>967<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>281<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,142<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Current tax assets<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other receivables<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">32<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>46<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>13<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">32<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Deferred expenses &#8211; right of use<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">34<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>58<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>17<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Inventory<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen84 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">67<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>80<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>23<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">66<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total current assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,417<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,907<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>554<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,759<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Trade and other receivables<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">478<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>217<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>63<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">459<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Deferred expenses &#8211; right of use<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">331<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>308<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>90<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">323<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Property, plant and equipment, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,456<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,363<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>396<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,432<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Intangible assets and others, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,301<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,161<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>628<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,294<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investments in equity accounted investees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>138<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>40<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Right-of-use assets, net and Investment property<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">735<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>648<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>188<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">745<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total non- current assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,451<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>4,835<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,405<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,403<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,868<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6,742<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,959<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,162<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen63\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Current maturities of debentures and of loans from financial institutions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">509<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>513<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>149<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">509<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Current taxation liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Current maturities of lease liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">225<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>204<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>59<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">226<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Trade payables and accrued expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">662<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>653<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>190<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">687<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Provisions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">102<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>170<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>49<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">99<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other payables, including derivatives<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">272<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>214<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>62<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">299<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total current liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,778<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,754<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>509<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,826<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Long-term loans from financial institutions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">300<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>163<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>47<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">300<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Debentures<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,517<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,336<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>679<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,511<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Long-term lease liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">528<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>468<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>136<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">533<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Provisions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">22<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>30<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">22<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other long-term liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Liability for employee rights upon retirement, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">14<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>18<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>5<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Deferred tax liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">77<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>52<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>15<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">60<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total non- current liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,461<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3,070<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>892<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,449<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,239<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>4,824<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,401<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,275<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Equity attributable to owners of the Company<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share capital<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share premium<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">335<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>792<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>230<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">623<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Receipts on account of share options<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Retained earnings<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,292<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,124<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>327<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,236<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Non-controlling interests<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total equity<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,629<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,918<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>558<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,887<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen60\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total liabilities and equity<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,868<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6,742<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,959<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,162<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen63\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*Reclassified<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<td class=\"prngen56\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"16\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellcom Israel Ltd.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"16\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(An Israeli Corporation)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"16\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Condensed Consolidated Interim Statements of Income (Unaudited)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" class=\"prngen86 prnpr8\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation\u00a0<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation\u00a0<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the nine<br \/>\u00a0 months ended<br \/>\u00a0 September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen67\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the nine <br \/>months ended<br \/>\u00a0 September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the three <br \/>months ended<br \/>\u00a0 September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the three <br \/>months ended<br \/>\u00a0 September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the<br \/>\u00a0year ended<br \/>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen66\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$<b>millions<\/b><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$<b>millions<\/b><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,776<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,703<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>786<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">928<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>956<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>278<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,708<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cost of revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2,033)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(2,052)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(596)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(659)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(744)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(216)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2,725)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross profit<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">743<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>651<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>190<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">269<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>212<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>62<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">983<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Selling and marketing expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(468)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(411)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(120)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(161)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(147)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(43)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(610)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">General and administrative expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(222)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(245)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(71)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(73)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(76)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(22)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(300)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Credit losses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(23)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(26)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(8)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(9)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(4)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(29)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other income (expenses), net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">21<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>21<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(20)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Operating profit (loss)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">51<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">36<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(6)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing income<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">41<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>10<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">49<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(151)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(136)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(40)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(44)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(42)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(12)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(193)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing expenses, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(110)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(130)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(38)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(31)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(32)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(9)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(144)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share in losses of equity accounted investees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(4)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(9)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(4)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(10)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Profit (loss) before taxes on income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(63)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(149)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(44)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(40)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(11)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(130)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Tax benefit (taxes<br \/>on income)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>23<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>7<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">23<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Loss for the period<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(53)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(126)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(107)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Attributable to:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Owners of the Company<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(52)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(126)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(107)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Non-controlling interests<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen62\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Loss for the period<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prnsbtbl prnsbr1 prnvab prnsbbd prntar prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(53)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen72\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(126)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen72\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen72\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen72\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen72\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(107)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen73\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Loss per share<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Basic loss per share (in NIS)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.45)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.83)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.24)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.01)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.22)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.07)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.90)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Diluted loss per share (in NIS)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.45)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.83)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.24)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.01)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.22)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(0.07)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen63\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.90)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Weighted-average number of shares used in the calculation of basic earnings (loss) per share (in shares)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">116,196,729<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>150,284,438<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>150,824,438<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">116,196,729<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>162,810,134<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>162,810,134<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118,376,455<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Weighted-average number of shares used in the calculation of diluted earnings (loss) per share (in shares)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">116,196,729<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>150,824,438<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>150,824,438<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">116,196,729<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>162,810,134<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>162,810,134<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118,376,455<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*Reclassified<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"15\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellcom Israel Ltd.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(An Israeli Corporation)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" class=\"prngen58\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Condensed Consolidated Interim Statements of Cash Flows<\/b><br \/>\n                  <b>(Unaudited)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the nine<br \/>\u00a0months ended <br \/>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the nine <br \/>months ended<br \/>\u00a0 September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the three<br \/>\u00a0months ended <br \/>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the three <br \/>months ended<br \/>\u00a0 September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the<br \/>\u00a0year ended<br \/>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen66\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen66\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen66\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen74\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen74\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cash flows from operating activities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loss for the period<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(53)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(126)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(107)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Adjustments for:\u00a0<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Depreciation and amortization<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">665<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>690<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>201<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">226<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>230<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>67<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">898<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share based payments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>14<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>4<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Gain on sale of property, plant and equipment and intangible assets\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(7)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(8)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(8)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net change in fair value of\u00a0investment property<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>5<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Gain on sale of shares in a consolidated company<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Taxes on income (Tax benefit)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(10)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(23)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(7)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(23)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing expenses, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">110<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>130<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>38<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">31<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>32<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">144<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share in losses of equity accounted investees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Changes in operating assets and liabilities:<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in inventory<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">27<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(14)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(4)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(7)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>14<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>4<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">28<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in trade receivables (including long-term amounts)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">54<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>109<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>32<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(4)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">80<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in Deferred expenses &#8211; right of use (including long-term amounts)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">14<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(11)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(12)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">20<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in other receivables (including long-term amounts)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(19)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(6)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">15<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(18)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(5)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(7)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Changes in trade payables, accrued expenses and provisions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(44)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(43)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(13)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(34)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(15)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(4)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(27)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in other liabilities (including long-term amounts)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">28<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(57)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(17)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">25<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(19)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(6)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">23<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Payments for derivative hedging contracts, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(8)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>16<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>5<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(10)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Income tax paid<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(14)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(4)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(7)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(12)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Income tax received<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net cash from operating activities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">795<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>638<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>185<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">273<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>202<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>59<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen75\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,036<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cash flows from investing activities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acquisition of property, plant and equipment<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(274)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(195)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(56)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(88)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(58)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(17)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(324)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acquisition of intangible assets and others<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(172)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(145)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(42)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(61)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(50)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(15)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(233)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investment in equity accounted investee<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(154)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(154)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(157)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Change in current investments, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(9)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>401<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>117<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>446<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>130<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(49)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Receipts for other derivative contracts, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>11<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Proceeds from sale of property, plant and equipment and intangible assets<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">181<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">181<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">181<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest received\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>5<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acquisition of subsidiary, net of cash acquired<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(608)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(177)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(608)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(177)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cash disposed from sale of shares in a consolidated company<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net cash used in investing activities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(411)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(535)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(155)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(120)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(267)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(78)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(560)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*Reclassified<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"14\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellcom Israel Ltd.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"14\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(An Israeli Corporation)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"14\" class=\"prngen58\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Condensed Consolidated Interim Statements of Cash Flows (cont&#8217;d)<\/b><br \/>\n                  <b>(Unaudited)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"14\" class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>into US dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td rowspan=\"2\" colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the nine<br \/>\u00a0months ended <br \/>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the nine<br \/>\u00a0months ended <br \/>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td rowspan=\"2\" colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the three<br \/>\u00a0months ended <br \/>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the three<br \/>\u00a0months ended <br \/>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the<br \/>\u00a0year ended<br \/>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen68\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$<b>millions<\/b><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cash flows from financing activities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Payments for derivative contracts, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(4)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Receipt of long-term loan from financial institutions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Repayment of long-term loans from financial institutions<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(212)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(100)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(29)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(212)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Repayment of debentures<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(504)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(417)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(121)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(196)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(194)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(56)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(504)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Repurchase of own debentures<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(10)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Proceeds from issuance of debentures, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>194<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>56<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest paid<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(117)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(120)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(35)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(42)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(43)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(13)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(151)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Equity offering<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>5<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">309<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Proceeds from exercise of share options<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>140<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>41<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>75<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>22<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Payment of principal of lease liabilities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(204)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(177)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(51)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(71)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>*<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(59)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(17)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(256)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net cash used in financing activities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(888)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(479)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(139)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(310)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(224)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(65)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen76\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(672)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Changes in cash and cash equivalents<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(504)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(376)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(109)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(157)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(289)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(84)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(196)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cash and cash equivalents as at the beginning of the period<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,202<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,006<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>292<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">855<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>919<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>267<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,202<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cash and cash equivalents as at the end of the period<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">698<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>630<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>183<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">698<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>630<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>183<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen73\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,006<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen61\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">*Reclassified<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"5\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellcom Israel Ltd<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0(An Israeli Corporation)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Reconciliation for Non-IFRS Measures<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <i>Adjusted EBITDA<\/i><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">The following is a reconciliation of loss to Adjusted EBITDA:<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Three-month period ended<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Year ended<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <u>into US dollar<\/u><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loss for the period<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(107)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Taxes on income (tax benefit)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(1)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(23)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing income<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(13)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(10)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(3)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(49)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">44<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>42<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>12<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">193<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Other income<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>&#8211;<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Depreciation and amortization<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">226<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>230<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>67<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">898<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share of loss of equity accounted<br \/>investees (net of income tax)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Share based payments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">271<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>231<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>67<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">940<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"5\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <i>Free cash flow<\/i><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen77\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">The following table shows the calculation of free cash flow:<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen65\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Three-month period ended<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>September 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Year ended<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen57\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Convenience<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>translation<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <u>into US dollar<\/u><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen65\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen59\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cash flows from operating activities(*)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">202<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>137<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>40<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">756<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cash flows from investing activities<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(120)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(267)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(77)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(560)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Purchase (sale) of short-term tradable<br \/>debentures and deposits (**)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(446)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen56\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(130)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen65\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">38<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Acquisition (sale) of shares in a <br \/>consolidated company or in equity <br \/>accounted investees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">154<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>620<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>180<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen69\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">157<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Free cash flow<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">234<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>44<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>13<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen70\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">391<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen77\">\n              \n            <\/td>\n<td colspan=\"4\" class=\"prnsbts prnrbrb0 prnvab prnsbtb0 prntar prnpl6 prnsblb0 prnpr8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(*)\u00a0 \u00a0Including the effects of exchange rate fluctuations in cash and cash equivalents and lease payments.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(**) Net of interest received in relation to tradable debentures.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td colspan=\"9\" class=\"prngen67\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Cellcom Israel Ltd.<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen67\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0(An Israeli Corporation)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <u>Key financial and operating indicators<\/u><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prnsbtb0 prnrbrb0 prnvab prnsbtb0 prntar prnpl6 prnsblb0 prnpr14\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen80\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>NIS millions unless otherwise stated<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q1-2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q2-2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3-2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q4-2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q1-2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q2-2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q3-2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FY-2019<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cellular service revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">404<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">420<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">439<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">416<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">396<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">385<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>414<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,679<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fixed-line service revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">317<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">312<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">311<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">318<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">327<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">339<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>327<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,258<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cellular equipment revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">158<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">162<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">172<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">169<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">156<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">147<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>223<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>661<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fixed-line equipment revenues<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">92<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">63<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">47<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">69<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">54<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">25<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>38<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>271<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Consolidation adjustments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(43)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(37)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(41)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(40)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(41)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(41)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(46)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen84\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(161)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total revenues<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>928<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>920<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>928<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>932<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>892<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>855<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>956<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3,708<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cellular adjusted EBITDA<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">146<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">163<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">185<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">133<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">131<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">125<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>114<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>627<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fixed-line adjusted EBITDA<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">78<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">70<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">86<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">79<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">113<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">97<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>117<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>313<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total adjusted EBITDA<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>224<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>233<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>271<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>212<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>244<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>222<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>231<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>940<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Operating profit (loss)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>36<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(27)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>18<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(22)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen87\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(6)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>24<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Financing expenses, net<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">27<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">52<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">31<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">34<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">64<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">34<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>32<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>144<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Loss for the period<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(16)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(35)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(2)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(54)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(43)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(46)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen87\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(37)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen86\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>(107)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen55\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Free cash flow<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">46<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">55<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">234<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">56<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">57<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>24<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen83\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>44<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen82\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>391<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<td class=\"prngen83\">\n              \n            <\/td>\n<td class=\"prngen82\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen80\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Cellular subscribers at the end of period (in 000&#8217;s) <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbtb0 prnrbrb0 prnvab prnsbbs prntar prnpl6 prnsblb0 prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,853<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen89\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,745<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen89\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,767<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen89\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,744<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen89\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,747<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen89\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,734<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prntar prnpl6 prnsbl1 prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3,641<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen89\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,744<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen91\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Monthly cellular ARPU (in NIS) <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen92\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">47.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen92\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">51.9<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen92\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">53.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen92\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">50.5<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen92\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">48.1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen92\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>46.9<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prntar prnpl6 prnsblb0 prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>45.7<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrb0 prnvab prnsbbs prntar prnpl6 prnsbls prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>50.7<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen91\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Churn rate for cellular subscribers (%) <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen95\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen95\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.3%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen95\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.4%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen95\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.3%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen95\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8.8%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen95\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>8.7%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prntar prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>8.7%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrb0 prnvab prnsbbs prntar prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>48.8%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Cellcom Israel Ltd.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Disclosure for debenture holders as of <\/u><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <u>September<\/u><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <u> 30, 2020<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Aggregation of the information regarding the debenture series issued by the Company<sup> (1)<\/sup>, in million NIS<\/u><br \/>\n        <\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prnsbts prnrbrs prnvam prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Series<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen99\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Original Issuance Date<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen99\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Principal on the Date of Issuance<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"5\" class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">As of 30.09.2020<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">As of 23.11.2020<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest Rate (fixed)<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Principal Repayment Dates<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest Repayment Dates<sup>\u00a0(3)<\/sup><\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prnsbts prnsbr1 prnvab prnsbbs prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Linkage <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen48\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Trustee<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Contact Details<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\" \/>\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnrbrs prnvam prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Principal<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Balance on Trade <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Linked Principal Balance<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest Accumulated in Books<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Debenture Balance\u00a0\u00a0 Value in Books <sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Market Value<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Principal Balance on Trade<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Linked Principal Balance<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">From<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">To<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prnsbt1 prnsbr1 prnvam prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">H <sup>(4)(5)(6)**<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/07\/14<br \/>03\/02\/15*<br \/>11\/02\/15*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">949.624<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">608.299<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">575.783<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.871<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">578.654<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">605.328<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">608.299<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">579.259<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.98%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.18<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.24<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January-5 and July-5<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Linked to CPI<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mishmeret Trust Company Ltd. Rami<br \/>Sebty. 48 Menachem Begin Rd. Tel <br \/>Aviv. Tel: 03-6374355.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen104\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">I <sup>(4)(5)(6)**<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/07\/14<br \/>03\/02\/15*<br \/>11\/02\/15*<br \/>28\/03\/16*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">804.010<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">562.807<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">549.009<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.554<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">554.563<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">588.640<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">562.807<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">549.808<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.14%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.18<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.25<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January-5 and July-5<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Not linked<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mishmeret Trust Company Ltd. Rami Sebty. 48 Menachem Begin Rd. Tel Aviv. Tel: 03-6374355.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen104\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">J <sup>(4)(5)<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">25\/09\/16<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">103.267<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">104.192<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">103.661<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.608<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">104.269<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">104.599<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">104.192<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">103.893<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.45%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.21<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.26<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January-5 and July-5<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Linked to CPI<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mishmeret Trust Company Ltd. Rami Sebty. 48 Menachem Begin Rd. Tel Aviv. Tel: 03-6374355.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen104\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">K <sup>(4)(5)**<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">25\/09\/16<br \/>01\/07\/18*<br \/>10\/12\/18*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">710.634<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen105\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">710.634<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen105\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">706.624<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6.013<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">712.637<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">715.040<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">710.634<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">706.817<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.55%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.21<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.07.26<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January-5 and July-5<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Not linked<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Mishmeret Trust Company Ltd. Rami<br \/>Sebty. 48 Menachem Begin Rd. Tel Aviv. Tel: 03-6374355.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen104\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">L (4)(5)(7)**<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24\/01\/18<br \/>10\/12\/18*<br \/>12\/05\/20*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">835.937<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen105\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">824.979<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">775.989<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">15.2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">791.189<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">781.255<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">824.979<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">777.514<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.50%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.01.23<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">05.01.28<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January-5<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Not linked<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Strauss Lazar Trust Company (1992) Ltd. Ori Lazar. 17 Yizhak Sadeh St., Tel Aviv. Tel: 03- 6237777.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen104\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen85\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,403.472<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen105\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,810.911<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,711.066<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">30.246<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,741.312<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,794.862<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,810.911<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,717.291<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<td class=\"prngen14\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b><br \/>\n          <u>Comments<\/u><br \/>\n        <\/b>:<\/p>\n<p>(1) For a summary of the terms of the Company&#8217;s outstanding debentures see the Company&#8217;s 2019 Annual Report under &#8220;Item 5. Operating and Financial Review and Prospects &#8211; B. Liquidity and Capital Resources &#8211; Debt Service &#8211; Public Debentures&#8221;. In the reporting period, the Company fulfilled all terms of the debentures and Indentures. Debentures financial covenants &#8211; as of <span class=\"xn-chron\">September 30, 2020<\/span> the net leverage *** was 2.65. In the reporting period, no cause for early repayment occurred. (2) Including interest accumulated in the books. (3) Semi annual payments other than regarding Series L. (4) Regarding the debentures, the Company undertook not to create any pledge on its assets, as long as debentures or loans are not fully repaid, subject to certain exclusions. (5) Regarding the debentures &#8211; the Company has the right for early redemption under certain terms. (6) In <span class=\"xn-chron\">February 2015<\/span>, pursuant to an exchange offer of the Company&#8217;s Series H and I debentures for a portion of the Company&#8217;s outstanding Series D and E debentures, respectively, the Company exchanged approximately <span class=\"xn-money\">NIS 555 million<\/span> principal amount of Series D debentures with approximately <span class=\"xn-money\">NIS 844 million<\/span> principal amount of Series H debentures, and approximately <span class=\"xn-money\">NIS 272 million<\/span> principal amount of Series E debentures with approximately <span class=\"xn-money\">NIS 335 million<\/span> principal amount of Series I debentures. Series D and E debentures were fully repaid in <span class=\"xn-chron\">July 2017<\/span> and in <span class=\"xn-chron\">January 2017<\/span>, respectively. (7) In <span class=\"xn-chron\">December 2019<\/span>, the Company repurchased Series L Debentures for approximately <span class=\"xn-money\">NIS 10 million<\/span>.\u00a0 <\/p>\n<p>(*) On these dates additional debentures of the series were issued, the information in the table refers to the full series. (**) As of <span class=\"xn-chron\">September 30, 2020<\/span>, debentures Series H, I, K and L are material, which represent 5% or more of the total liabilities of the Company, as presented in the financial statements. (***) Net Leverage &#8211; the ratio of Net Debt to Adjusted EBITDA, excluding one-time influences. Net Debt defined as credit and loans from banks and others, debentures and interest payable, net of cash and cash equivalents and current investments in tradable securities. The definition of net leverage refers to Adjusted EBITDA for a period of 12 consecutive months. Accordingly, the net leverage ratio above includes the effects of the new standard IFRS 16 (applied by the Company as of <span class=\"xn-chron\">January 1, 2019<\/span>) on the Adjusted EBITDA for the year ended <span id=\"spanHghlt333c\">on<\/span><span class=\"xn-chron\">September 30, 2020<\/span>. For details of the effects of IFRS 16 on the Company&#8217;s results see footnote 2 on page 1 of this press release and note 2 F to the Company&#8217;s financial statement for the period ended on <span class=\"xn-chron\">December 31, 2019<\/span>. \u2003<b><br \/><\/b><\/p>\n<p>\n        <b>Cellcom Israel Ltd.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Disclosure for debenture holders as of <span class=\"xn-chron\">September 30, 2020<\/span> (cont`d)<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Debentures Rating Details<\/u><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <u>*<\/u><br \/>\n        <\/b><br \/>\n        <b>\u00a0<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <br \/>\n        <\/b>\n      <\/p>\n<div class=\"prntal\">\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prngen106\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Series<\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen107\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Rating<br \/>Company<\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen107\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Rating as of <br \/>30.09.2020 <sup>(1)<\/sup><\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen107\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Rating as of 23.11.2020<\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen107\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Rating assigned upon<br \/>issuance of the Series<\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prnsbts prnsbr1 prnvat prnsbbs prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Recent date of rating as <br \/>of 23.11.2020<\/span>\n              <\/p>\n<p class=\"prnews_p\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen106\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Additional ratings between original issuance and the recent date of rating<br \/>\u00a0as of 23.11.2020 <sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen109\">\n              \n            <\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Rating<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen109\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">H<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">S&amp;P<br \/>Maalot<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2020<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">06\/2014, 08\/2014, 01\/2015, 09\/2015, 03\/2016,<br \/>08\/2016, 06\/2017, 01\/2018, 06\/2018, 08\/2018, <br \/>12\/2018, 03\/2019, 08\/2019, 05\/2020, 08\/2020 <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+,A<sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen109\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">I<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">S&amp;P Maalot<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">06\/2014, 08\/2014, 01\/2015, 09\/2015, 03\/2016, 08\/2016, 06\/2017, 01\/2018, 06\/2018, 08\/2018, 12\/2018, 03\/2019, 08\/2019, 05\/2020, 08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+,A<sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen109\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">J<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">S&amp;P Maalot<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2016, 06\/2017, 01\/2018, 06\/2018, 08\/2018, 12\/2018, 03\/2019, 08\/2019, 05\/2020, 08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+,A<sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen109\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">K<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">S&amp;P Maalot<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2016, 06\/2017, 01\/2018, 06\/2018, 08\/2018, 12\/2018, 03\/2019, 08\/2019, 05\/2020, 08\/2020 <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+,A<sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen109\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">L<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">S&amp;P Maalot<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">01\/2018, 06\/2018, 08\/2018, 12\/2018, 03\/2019, 08\/2019, 05\/2020, 08\/2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen110\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">A+,A<sup>(2)<\/sup><\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prnsbts prnrbrb0 prnvat prnsbtb0 prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 In August 2019, S&amp;P Maalot updated the Company&#8217;s rating outlook from an &#8220;&#8221;ilA+\/negative&#8221; to an &#8220;ilA\/negative&#8221;.<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 In May 2012, S&amp;P Maalot updated the Company&#8217;s rating from an &#8220;ilAA\/negative&#8221; to an &#8220;ilAA-\/negative&#8221;. In November 2012, S&amp;P Maalot affirmed the Company&#8217;s rating of &#8220;ilAA\/negative&#8221;. In June 2013, S&amp;P Maalot updated the Company&#8217;s rating from an &#8220;ilAA-\/negative&#8221; to an &#8220;ilA+\/stable&#8221;. In June 2014, August 2014, January 2015, September 2015, March 2016, August 2016, June 2017, January 2018, June 2018, August 2018 and December 2018 S&amp;P Maalot affirmed the Company&#8217;s rating of &#8220;ilA+\/stable&#8221;. In March 2019, S&amp;P Maalot updated the Company&#8217;s rating outlook from an &#8220;ilA+\/stable&#8221; to an &#8220;ilA+\/negative&#8221;. In August 2019, S&amp;P Maalot updated the Company&#8217;s rating outlook from an &#8220;ilA+\/negative&#8221; to an &#8220;ilA\/negative&#8221;. In May 2020, S&amp;P Maalot affirmed the Company&#8217;s rating of &#8220;ilA\/negative&#8221;. \u00a0In August 2020, S&amp;P Maalot affirmed the Company&#8217;s rating of &#8220;ilA\/negative&#8221;. For details regarding the rating of the debentures see the S&amp;P Maalot report dated August 17, 2020, included in the Company&#8217;s current report filled in the Israeli Securities Authority website (&#8220;MAGNA&#8221;) on August 17, 2020. <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen3\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <i>* A securities rating is not a recommendation to buy, sell or hold securities<\/i><br \/>\n                  <\/b><br \/>\n                  <b><br \/>\n                    <i>.<\/i><br \/>\n                  <\/b><br \/>\n                  <b><br \/>\n                    <i> Ratings may be subject to suspension, revision or withdrawal at any time, and each rating should be evaluated independently of any other rating<\/i><br \/>\n                  <\/b><br \/>\n                  <b><br \/>\n                    <i>.<\/i><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Cellcom Israel Ltd.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Aggregation of the information regarding the Company&#8217;s Material Loans <sup>(1)<\/sup>, in million NIS<\/u><br \/>\n        <\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prnsbts prnrbrs prnvat prnsbbs prntal prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loan<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen113\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Provision Date<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen113\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Principal Amount <br \/>as of 30.09.2020<\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen113\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest Rate <br \/>(nominal)<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen113\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Principal Repayment Dates <br \/>(annual payments)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen113\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Interest<br \/>Repayment Dates <br \/>(semi-annual<br \/>payments)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen113\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Linkage<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">From<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">To<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loan from financial institution<br \/><sup>(2)(3)(4)(5)(6)<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">06\/2016<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen114\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">50<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.60%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">30.06.18<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">30.06.21<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">June-30<br \/><\/span><br \/>\n                <span class=\"prnews_span\">and December-<br \/>31, commencing <br \/>December 31, <br \/>2016 through<br \/>June 30, 2021 <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Not linked<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loan from financial institution<sup>(2)(3)(4)(5)(6)<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">06\/2017<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen114\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.10%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">30.06.19<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">30.06.22<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">June-30<br \/><\/span><br \/>\n                <span class=\"prnews_span\">and December-31, commencing December 31, 2017 through June 30, 2022<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Not linked<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Loan from bank<sup>(2)(3)(4)(5)(6)(7)<\/sup><\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">03\/2019<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen114\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.00%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">31.03.21<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen64\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">31.03.24<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March-31<br \/><\/span><br \/>\n                <span class=\"prnews_span\">and September-30, commencing September 30, 2019 through March 31, 2024<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Not linked<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<td class=\"prngen114\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">300<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<td class=\"prngen114\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b><br \/>\n          <u>Comments<\/u><br \/>\n        <\/b>:<\/p>\n<p>(1) For a summary of the terms of the Company&#8217;s loan agreements see the Company&#8217;s 2019 Annual Report under &#8220;Item 5. Operating and Financial Review and Prospects &#8211; B. Liquidity and Capital Resources &#8211; Other Credit Facilities&#8221; and the reference therein to &#8220;- Debt Service &#8211; Public Debentures&#8221;. (2) In the reporting period, the Company fulfilled all terms of the loan agreements. (3) Loan agreements financial covenants &#8211; as of <span class=\"xn-chron\">September 30, 2020<\/span> the net leverage* was 2.65. (4) In the reporting period, no cause for early repayment occurred. (5) In the loan agreements, the Company undertook not to create any pledge on its assets, as long as the loans are not fully repaid, subject to certain exclusions. (6) According to the loan agreements the Company may prepay the loans, subject to a prepayment fee. (7) In <span class=\"xn-chron\">October 2020<\/span>, the Company repaid part of the loan in early repayment, in amount of approximately <span class=\"xn-money\">NIS 113 million<\/span>.<\/p>\n<p>(*) Net Leverage &#8211; the ratio of Net Debt to Adjusted EBITDA, excluding one-time influences. Net Debt defined as credit and loans from banks and others, debentures and interest payable, net of cash and cash equivalents and current investments in tradable securities. The definition of net leverage refers to Adjusted EBITDA for a period of 12 consecutive months. Accordingly, the net leverage ratio above includes the effects of the new standard IFRS 16 (applied by the Company as of <span class=\"xn-chron\">January 1, 2019<\/span>) on the Adjusted EBITDA for the year ended\u00a0<span id=\"spanHghlt751d\">on <\/span><span class=\"xn-chron\">September 30, 2020<\/span>. For details of the effects of IFRS 16 on the Company&#8217;s results see footnote 2 on page 1 of this press release and note 2 F to the Company&#8217;s financial statement for the period ended on <span class=\"xn-chron\">December 31, 2019<\/span>.<\/p>\n<p>\n        <b>Cellcom Israel Ltd.<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <u>Summary of Financial Undertakings (according to repayment dates) as of <span class=\"xn-chron\">September 30, 2020<\/span><\/u><br \/>\n        <\/b>\n      <\/p>\n<p>a.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Debentures issued to the public by the Company and held by the public, excluding such debentures held by the Company&#8217;s parent company, by a controlling shareholder, by companies controlled by them, or by companies controlled by the Company, based on the Company&#8217;s &#8220;Solo&#8221; financial data (in thousand NIS).<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prngen115\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Principal payments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross interest<br \/>payments <br \/>(without <br \/>deduction of <br \/>tax)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS linked to<br \/>CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS not <br \/>linked to CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Euro<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Other<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>First year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">218,787<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">83,358<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Second year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">218,787<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">71,538<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Third year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">340,880<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">59,717<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fourth year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">340,880<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">44,844<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fifth year and on<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">41,234<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">965,634<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">58,907<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">711,298<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,084,968<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">318,364<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>b.\u00a0\u00a0\u00a0\u00a0\u00a0 Private debentures and other non-bank credit, excluding such debentures held by the Company&#8217;s parent company, by a controlling shareholder, by companies controlled by them, or by companies controlled by the Company, based on the Company&#8217;s &#8220;Solo&#8221; financial data (in thousand NIS).<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prngen115\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Principal payments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross interest <br \/>payments<br \/>(without<br \/>deduction of <br \/>tax)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS linked to <br \/>CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS not<br \/>linked to CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Euro<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen81\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Other<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>First year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100,000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen117\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,390<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Second year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">50,000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen117\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,550<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Third year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen117\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fourth year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen117\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fifth year and on<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen117\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150,000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen49\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9,940<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>c.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Credit from banks in <span class=\"xn-location\">Israel<\/span> based on the Company&#8217;s &#8220;Solo&#8221; financial data (in thousand NIS) &#8211; None.<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prngen115\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Principal payments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross interest <br \/>payments<br \/>(without <br \/>deduction of <br \/>tax)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS linked to <br \/>CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS not<br \/>linked to CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Euro<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Other<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>First year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37,500<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,248<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Second year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37,500<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,748<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Third year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37,500<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,248<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fourth year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37,500<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">750<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fifth year and on<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">150,000<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11,994<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Cellcom Israel Ltd.<br \/><\/b><br \/>\n        <b><br \/>\n          <u>Summary of Financial Undertakings (according to repayment dates) as of <span class=\"xn-chron\">September 30, 2020<\/span> (cont`d)<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>d.\u00a0\u00a0\u00a0\u00a0\u00a0 Credit from banks abroad based on the Company&#8217;s &#8220;Solo&#8221; financial data (in thousand NIS) &#8211; None.<\/p>\n<p>e.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total of sections a &#8211; d above, total credit from banks, non-bank credit and debentures based on the Company&#8217;s &#8220;Solo&#8221; financial data (in thousand NIS).<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prngen115\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Principal payments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross interest <br \/>payments <br \/>(without<br \/>deduction of <br \/>tax)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS linked to<br \/>CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS not<br \/>linked to CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Euro<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Other<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>First year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">356,287<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">95,996<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Second year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">306,287<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">77,836<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Third year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">378,380<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">61,965<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fourth year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">167,516<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">378,380<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">45,594<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fifth year and on<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">41,234<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">965,634<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">58,907<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen103\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">711,298<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,384,968<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">340,298<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>f.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Out of the balance sheet Credit exposure based on the Company&#8217;s &#8220;Solo&#8221; financial data &#8211; None.<\/p>\n<p>g.\u00a0\u00a0\u00a0\u00a0\u00a0 Out of the balance sheet Credit exposure of all the Company&#8217;s consolidated companies, excluding companies that are reporting corporations and excluding the Company&#8217;s data presented in section f above (in thousand NIS) &#8211; None.<\/p>\n<p>h.\u00a0\u00a0\u00a0\u00a0\u00a0 Total balances of the credit from banks, non-bank credit and debentures of all the consolidated companies, excluding companies that are reporting corporations and excluding Company&#8217;s data presented in sections a &#8211; d above (in thousand NIS) &#8211; None.<\/p>\n<p>i.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total balances of credit granted to the Company by the parent company or a controlling shareholder and balances of debentures offered by the Company held by the parent company or the controlling shareholder (in thousand NIS) &#8211; None.<\/p>\n<p>j.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total balances of credit granted to the Company by companies held by the parent company or the controlling shareholder, which are not controlled by the Company, and balances of debentures offered by the Company held by companies held by the parent company or the controlling shareholder, which are not controlled by the Company (in thousand NIS).<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td rowspan=\"2\" class=\"prnsbts prnrbrs prnvab prnsbbs prntar prnpl6 prnsbls prnpr6\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Principal payments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td rowspan=\"2\" nowrap=\"nowrap\" class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross interest <br \/>payments <br \/>(without <br \/><\/b><br \/>\n                <\/span><br \/>\n                <span class=\"prnews_span\"><br \/>\n                  <b>deduction of tax)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS linked <br \/>to CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>ILS not <br \/>linked to <br \/>CPI<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Euro<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dollar<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Other<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen119\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>First year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">188<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">370<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">391<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen119\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Second year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">188<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">370<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">373<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen119\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Third year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">188<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,023<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">356<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen119\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fourth year<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">188<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,023<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">297<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen119\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fifth year and on<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">442<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8,666<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">576<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen119\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,194<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13,452<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8211;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen116\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,993<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>k.\u00a0\u00a0\u00a0\u00a0\u00a0 Total balances of credit granted to the Company by consolidated companies and balances of debentures offered by the Company held by the consolidated companies (in thousand NIS) &#8211; None.<\/p>\n<p \/>\n<p \/>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN98637&amp;sd=2020-11-23\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/cellcom-israel-announces-third-quarter-2020-results-301178669.html\">http:\/\/www.prnewswire.com\/news-releases\/cellcom-israel-announces-third-quarter-2020-results-301178669.html<\/a><\/p>\n<p>SOURCE  Cellcom Israel Ltd.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN98637&amp;Transmission_Id=202011230149PR_NEWS_USPR_____LN98637&amp;DateId=20201123\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NETANYA, Israel, Nov. 23, 2020 \/PRNewswire\/ &#8212; Cellcom Israel concludes the third quarter of 2020 with an increase of 3% in revenues compared to the third quarter last year. Revenues totaled NIS 956 million. However, corona virus crisis continues to adversely affect the Company&#8217;s results and led to a loss of NIS 373 million and Adjusted EBITDA1of NIS 231 million for the third quarter THIRD QUARTER 20203\u00a0HIGHLIGHTS (compared to third quarter of 2019): Total Revenues totaled NIS 956 million ($278 million) compared to NIS 928 million ($270 million) in the third quarter last year, an increase of 3.0%.\u00a0 Service revenues totaled NIS 695 million ($202 million) compared to NIS 709 million ($206 million) in the third quarter last &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cellcom Israel announces Third Quarter 2020 Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386401","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cellcom Israel announces Third Quarter 2020 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cellcom Israel announces Third Quarter 2020 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NETANYA, Israel, Nov. 23, 2020 \/PRNewswire\/ &#8212; Cellcom Israel concludes the third quarter of 2020 with an increase of 3% in revenues compared to the third quarter last year. Revenues totaled NIS 956 million. However, corona virus crisis continues to adversely affect the Company&#8217;s results and led to a loss of NIS 373 million and Adjusted EBITDA1of NIS 231 million for the third quarter THIRD QUARTER 20203\u00a0HIGHLIGHTS (compared to third quarter of 2019): Total Revenues totaled NIS 956 million ($278 million) compared to NIS 928 million ($270 million) in the third quarter last year, an increase of 3.0%.\u00a0 Service revenues totaled NIS 695 million ($202 million) compared to NIS 709 million ($206 million) in the third quarter last &hellip; Continue reading &quot;Cellcom Israel announces Third Quarter 2020 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T06:52:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN98637&amp;sd=2020-11-23\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"44 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cellcom-israel-announces-third-quarter-2020-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cellcom-israel-announces-third-quarter-2020-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cellcom Israel announces Third Quarter 2020 Results\",\"datePublished\":\"2020-11-23T06:52:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cellcom-israel-announces-third-quarter-2020-results\\\/\"},\"wordCount\":8764,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cellcom-israel-announces-third-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LN98637&amp;sd=2020-11-23\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cellcom-israel-announces-third-quarter-2020-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cellcom-israel-announces-third-quarter-2020-results\\\/\",\"name\":\"Cellcom Israel announces Third Quarter 2020 Results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/","og_locale":"en_US","og_type":"article","og_title":"Cellcom Israel announces Third Quarter 2020 Results - Market Newsdesk","og_description":"PR Newswire NETANYA, Israel, Nov. 23, 2020 \/PRNewswire\/ &#8212; Cellcom Israel concludes the third quarter of 2020 with an increase of 3% in revenues compared to the third quarter last year. Revenues totaled NIS 956 million. However, corona virus crisis continues to adversely affect the Company&#8217;s results and led to a loss of NIS 373 million and Adjusted EBITDA1of NIS 231 million for the third quarter THIRD QUARTER 20203\u00a0HIGHLIGHTS (compared to third quarter of 2019): Total Revenues totaled NIS 956 million ($278 million) compared to NIS 928 million ($270 million) in the third quarter last year, an increase of 3.0%.\u00a0 Service revenues totaled NIS 695 million ($202 million) compared to NIS 709 million ($206 million) in the third quarter last &hellip; Continue reading \"Cellcom Israel announces Third Quarter 2020 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-23T06:52:48+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN98637&amp;sd=2020-11-23","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"44 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cellcom Israel announces Third Quarter 2020 Results","datePublished":"2020-11-23T06:52:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/"},"wordCount":8764,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN98637&amp;sd=2020-11-23","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cellcom-israel-announces-third-quarter-2020-results\/","name":"Cellcom Israel announces Third Quarter 2020 Results - 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