zk1312950.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
 
For the Month of April 2013
 
CAMTEK LTD.
(Translation of Registrant’s Name into English)
 
Ramat Gavriel Industrial Zone
P.O. Box 544
Migdal Haemek 23150
ISRAEL
(Address of Principal Corporate Offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F x Form 40-F o
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
 
Yes o No x
 
 
 
 
 
SIGNATURE
 
        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
   
CAMTEK LTD.
(Registrant)
 
By: /s/ Moshe Eisenberg
——————————————
Moshe Eisenberg,
Chief Financial Officer

Dated: April 15, 2012
 
 
 
 
 
The Company’s parent Company, Priortech Ltd. (“Priortech”), which is a publicly traded company on the Tel-Aviv Stock Exchange, is required to implement, as of January 1, 2007, Accounting Standard No. 30 of the Israel Accounting Standard Board (the “Standard”).
 
Details regarding the Standard and its implementation, as reflected on Priortech’s consolidated statements for the years 2007 to 2011 and the first, second and third quarters of 2012, were given in the Company’s previous reports concerning the Standard.
 
The net amount of capitalized development expenses reflected on Priortech’s consolidated statements for the year ended December 31, 2012 is US$(150) thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on December 31, 2012, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of December 31, 2012, are displayed in the following table:
 
Base Amount
Deal Type
Expiry Date
Trade Date
Strike Rate
  Bank Evaluation US$
-400,000
Bought Eu.Opt
27/03/2013
14/05/2012
3.7500
6,389
400,000
Sold Eu.Opt
27/03/2013
14/05/2012
4.0500
-685
-400,000
Bought Eu.Opt
26/02/2013
14/05/2012
3.7500
5,429
400,000
Sold Eu.Opt
26/02/2013
14/05/2012
4.0400
-218
-300,000
Bought Eu.Opt
29/01/2013
14/05/2012
3.7500
3,171
300,000
Sold Eu.Opt
29/01/2013
14/05/2012
4.0320
-17
200,000
Sold Eu.Opt
26/02/2013
23/07/2012
4.1790
-29
-200,000
Sold Eu.Opt
26/02/2013
23/07/2012
3.9700
12,472
200,000
Sold Eu.Opt
27/03/2013
23/07/2012
4.1840
-104
-200,000
Sold Eu.Opt
27/03/2013
23/07/2012
3.9700
12,590
200,000
Sold Eu.Opt
25/06/2013
08/11/2012
4.0030
-1,276
-200,000
Sold Eu.Opt
25/06/2013
08/11/2012
3.8600
8,368
200,000
Sold Eu.Opt
28/05/2013
23/10/2012
4.0000
-1,034
-200,000
Sold Eu.Opt
28/05/2013
23/10/2012
3.7770
4,927
200,000
Sold Eu.Opt
26/04/2013
23/10/2012
4.0000
-733
-200,000
Sold Eu.Opt
26/04/2013
23/10/2012
3.7750
4,446
200,000
Sold Eu.Opt
25/06/2013
23/10/2012
4.0000
-1,294
-200,000
Sold Eu.Opt
25/06/2013
23/10/2012
3.7800
5,347
200,000
Sold Eu.Opt
28/05/2013
08/11/2012
4.0000
-1,034
-200,000
Sold Eu.Opt
28/05/2013
08/11/2012
3.8600
8,101
200,000
Sold Eu.Opt
26/04/2013
08/11/2012
4.0000
-733
-200,000
Sold Eu.Opt
26/04/2013
08/11/2012
3.8600
7,766
-400,000
Bought Eu.Opt
29/01/2013
02/05/2012
3.8600
2,087
400,000
Sold Eu.Opt
29/01/2013
02/05/2012
4.0120
-35