zk1211959.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 September 2012
 
CAMTEK LTD.
(Translation of Registrant’s Name into English)
 
Ramat Gavriel Industrial Zone
P.O. Box 544
Migdal Haemek 23150
ISRAEL
(Address of Principal Corporate Offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F x Form 40-F o
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
 
Yes o No x
 
 
 
 
 
SIGNATURE
 
        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
   
CAMTEK LTD.
(Registrant)
 
By: /s/ Moshe Eisenberg
——————————————
Moshe Eisenberg,
Chief Financial Officer
 
Dated: September 4, 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 quarter 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 six-month period ended June 30, 2012 is US$(174) thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on June 30, 2012, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of June 30, 2012, are displayed in the following table:
 
Base Amout
Deal Type
Expiry Date
Trade Date
Spot
 Bank Evaluation US$
-300000
Bought Eu.Opt
24/09/2012
14/05/2012
3.83
             517
300000
Sold Eu.Opt
24/09/2012
14/05/2012
3.83
         -2,641
-400000
Bought Eu.Opt
27/03/2013
14/05/2012
3.83
           3,637
400000
Sold Eu.Opt
27/03/2013
14/05/2012
3.83
         -8,582
-400000
Bought Eu.Opt
26/02/2013
14/05/2012
3.83
           3,178
400000
Sold Eu.Opt
26/02/2013
14/05/2012
3.83
         -8,041
-300000
Bought Eu.Opt
29/01/2013
14/05/2012
3.83
           2,039
300000
Sold Eu.Opt
29/01/2013
14/05/2012
3.83
         -5,562
-400000
Bought Eu.Opt
25/12/2012
14/05/2012
3.83
           2,133
400000
Sold Eu.Opt
25/12/2012
14/05/2012
3.83
         -6,399
 
 
 
 
 
-400000
Bought Eu.Opt
27/11/2012
14/05/2012
3.83
           1,701
400000
Sold Eu.Opt
27/11/2012
14/05/2012
3.83
         -5,600
-400000
Bought Eu.Opt
29/10/2012
14/05/2012
3.83
           1,240
400000
Sold Eu.Opt
29/10/2012
14/05/2012
3.83
         -4,715
-400000
Bought Eu.Opt
27/12/2012
02/05/2012
3.785
           1,934
400000
Sold Eu.Opt
27/12/2012
02/05/2012
3.785
         -7,295
-400000
Bought Eu.Opt
29/11/2012
02/05/2012
3.785
           1,399
400000
Sold Eu.Opt
29/11/2012
02/05/2012
3.785
         -5,628
-400000
Bought Eu.Opt
27/07/2012
02/05/2012
3.785
                8
400000
Sold Eu.Opt
27/07/2012
02/05/2012
3.785
         -1,170
-400000
Bought Eu.Opt
29/08/2012
02/05/2012
3.785
             132
400000
Sold Eu.Opt
29/08/2012
02/05/2012
3.785
         -2,704
-400000
Bought Eu.Opt
29/10/2012
02/05/2012
3.785
             796
400000
Sold Eu.Opt
29/10/2012
02/05/2012
3.785
         -5,193
-400000
Bought Eu.Opt
29/01/2013
02/05/2012
3.785
           2,087
400000
Sold Eu.Opt
29/01/2013
02/05/2012
3.785
         -7,999
-200000
Bought Eu.Opt
27/12/2012
06/03/2012
3.811
             933
200000
Sold Eu.Opt
27/12/2012
06/03/2012
3.811
         -2,952
-300000
Bought Eu.Opt
24/09/2012
06/03/2012
3.811
             263
300000
Sold Eu.Opt
24/09/2012
06/03/2012
3.811
         -1,715
-200000
Bought Eu.Opt
27/11/2012
06/03/2012
3.811
             722
200000
Sold Eu.Opt
27/11/2012
06/03/2012
3.811
         -2,602
-200000
Bought Eu.Opt
29/10/2012
06/03/2012
3.811
             464
200000
Sold Eu.Opt
29/10/2012
06/03/2012
3.811
         -2,000
-500000
Bought Eu.Opt
25/12/2012
28/02/2012
3.791
           1,833
500000
Sold Eu.Opt
25/12/2012
28/02/2012
3.791
         -7,272
 
 
 
 
 
-500000
Bought Eu.Opt
27/11/2012
28/02/2012
3.791
           1,396
500000
Sold Eu.Opt
27/11/2012
28/02/2012
3.791
         -6,504
-500000
Bought Eu.Opt
29/10/2012
28/02/2012
3.791
             944
500000
Sold Eu.Opt
29/10/2012
28/02/2012
3.791
         -5,535
-500000
Bought Eu.Opt
27/12/2012
05/01/2012
3.855
           2,702
500000
Sold Eu.Opt
27/12/2012
05/01/2012
3.855
         -6,731
-500000
Bought Eu.Opt
28/11/2012
05/01/2012
3.855
           2,146
500000
Sold Eu.Opt
28/11/2012
05/01/2012
3.855
         -5,709
-500000
Bought Eu.Opt
29/10/2012
05/01/2012
3.855
           1,550
500000
Sold Eu.Opt
29/10/2012
05/01/2012
3.855
         -4,536
500000
Sold Eu.Opt
27/07/2012
23/11/2011
3.76
         -4,269
-500000
Bought Eu.Opt
27/07/2012
23/11/2011
3.76
               10
500000
Sold Eu.Opt
29/08/2012
23/11/2011
3.76
         -6,218
-500000
Bought Eu.Opt
29/08/2012
23/11/2011
3.76
             165
-500000
Bought Eu.Opt
24/09/2012
23/11/2011
3.76
             439
500000
Sold Eu.Opt
24/09/2012
23/11/2011
3.76
         -7,656
400000
Sold Eu.Opt
27/07/2012
06/09/2011
3.65
        -13,274
-400000
Bought Eu.Opt
27/07/2012
06/09/2011
3.65
               -
400000
Sold Eu.Opt
29/08/2012
06/09/2011
3.65
        -14,163
-400000
Bought Eu.Opt
29/08/2012
06/09/2011
3.65
                6
400000
Sold Eu.Opt
24/09/2012
06/09/2011
3.65
        -14,924
-400000
Bought Eu.Opt
24/09/2012
06/09/2011
3.65
               47
300000
Sold Eu.Opt
27/07/2012
30/08/2011
3.57
        -15,913
-300000
Bought Eu.Opt
27/07/2012
30/08/2011
3.57
               -
300000
Sold Eu.Opt
29/08/2012
30/08/2011
3.57
        -16,293
-300000
Bought Eu.Opt
29/08/2012
30/08/2011
3.57
               -
200000
Sold Eu.Opt
29/08/2012
06/03/2012
3.811
            -806
-200000
Bought Eu.Opt
29/08/2012
06/03/2012
3.811
               66
300000
Sold Eu.Opt
27/07/2012
08/08/2011
3.545
        -10,244
-300000
Bought Eu.Opt
27/07/2012
08/08/2011
3.545
               -
300000
Sold Eu.Opt
27/07/2012
03/08/2011
3.465
        -15,989
-300000
Bought Eu.Opt
27/07/2012
03/08/2011
3.465
               -