zk1110368.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 2011
 
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/ Mira Rosenzweig  
   
Mira Rosenzweig,
  
   
Chief Financial Officer
  
       
Dated: September 1, 2011
 
 
 
 
 
 
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 2010 and the first quarter of 2011 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, 2011 is US$1,066 thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on June 30, 2011, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of June 30, 2011, are displayed in the following table:
 
Base
Deal Type
Expiry
Trade Date
Market Rate
Market Value
Amt.
Date
(USD)
-300,000
Bought Eu.Opt
27/07/2011
20/01/2011
3.4203
7,880
500,000
Sold Eu.Opt
27/07/2011
20/01/2011
3.4203
-51
-500,000
Bought Eu.Opt
27/07/2011
20/01/2011
3.4203
13,133
300,000
Sold Eu.Opt
27/07/2011
31/01/2011
3.4203
-2
500,000
Sold Eu.Opt
27/07/2011
06/05/2011
3.4203
-119
-500,000
Bought Eu.Opt
27/07/2011
06/05/2011
3.4203
3,284
-300,000
Bought Eu.Opt
27/07/2011
31/01/2011
3.4203
20,229
250,000
Sold Eu.Opt
27/07/2011
11/05/2011
3.4203
-73
-250,000
Bought Eu.Opt
27/07/2011
11/05/2011
3.4203
1,642
-300,000
Bought Eu.Opt
27/07/2011
23/05/2011
3.4203
7,880
300,000
Sold Eu.Opt
27/07/2011
23/05/2011
3.4203
-87
300,000
Sold Eu.Opt
27/07/2011
20/01/2011
3.4203
-31
-300,000
Bought Eu.Opt
27/07/2011
28/01/2011
3.4203
15,967
300,000
Sold Eu.Opt
27/07/2011
28/01/2011
3.4203
-2
300,000
Sold Eu.Opt
29/08/2011
23/05/2011
3.4269
-498
-300,000
Bought Eu.Opt
29/08/2011
23/05/2011
3.4269
8,490
-500,000
Bought Eu.Opt
29/08/2011
06/05/2011
3.4269
5,038
-300,000
Bought Eu.Opt
29/08/2011
31/01/2011
3.4269
20,013
300,000
Sold Eu.Opt
29/08/2011
28/01/2011
3.4269
-79
-300,000
Bought Eu.Opt
29/08/2011
28/01/2011
3.4269
15,948
300,000
Sold Eu.Opt
29/08/2011
20/01/2011
3.4269
-306
-300,000
Bought Eu.Opt
29/08/2011
20/01/2011
3.4269
8,490
 
 
 
 
 
500,000
Sold Eu.Opt
29/08/2011
20/01/2011
3.4269
-510
-500,000
Bought Eu.Opt
29/08/2011
20/01/2011
3.4269
14,150
300,000
Sold Eu.Opt
29/08/2011
31/01/2011
3.4269
-77
250,000
Sold Eu.Opt
29/08/2011
11/05/2011
3.4269
-415
-250,000
Bought Eu.Opt
29/08/2011
11/05/2011
3.4269
2,519
500,000
Sold Eu.Opt
29/08/2011
06/05/2011
3.4269
-831
300,000
Sold Eu.Opt
26/09/2011
23/05/2011
3.4315
-932
-300,000
Bought Eu.Opt
26/09/2011
23/05/2011
3.4315
8,923
-500,000
Bought Eu.Opt
26/09/2011
06/05/2011
3.4315
6,089
300,000
Sold Eu.Opt
26/09/2011
20/01/2011
3.4315
-636
-300,000
Bought Eu.Opt
26/09/2011
20/01/2011
3.4315
8,923
300,000
Sold Eu.Opt
26/09/2011
28/01/2011
3.4315
-261
-300,000
Bought Eu.Opt
26/09/2011
28/01/2011
3.4315
16,071
500,000
Sold Eu.Opt
26/09/2011
20/01/2011
3.4315
-1,060
-500,000
Bought Eu.Opt
26/09/2011
20/01/2011
3.4315
14,872
300,000
Sold Eu.Opt
26/09/2011
31/01/2011
3.4315
-245
-300,000
Bought Eu.Opt
26/09/2011
31/01/2011
3.4315
20,013
250,000
Sold Eu.Opt
26/09/2011
11/05/2011
3.4315
-777
-250,000
Bought Eu.Opt
26/09/2011
11/05/2011
3.4315
3,044
500,000
Sold Eu.Opt
26/09/2011
06/05/2011
3.4315
-1,440
300,000
Sold Eu.Opt
27/10/2011
31/01/2011
3.4369
-491
500,000
Sold Eu.Opt
27/10/2011
06/05/2011
3.4369
-2,406
-500,000
Bought Eu.Opt
27/10/2011
06/05/2011
3.4369
7,066
300,000
Sold Eu.Opt
27/10/2011
28/01/2011
3.4369
-525
300,000
Sold Eu.Opt
27/10/2011
23/05/2011
3.4369
-1,443
-300,000
Bought Eu.Opt
27/10/2011
23/05/2011
3.4369
9,332
-300,000
Bought Eu.Opt
27/10/2011
28/01/2011
3.4369
16,208
-300,000
Bought Eu.Opt
27/10/2011
20/01/2011
3.4369
9,332
300,000
Sold Eu.Opt
27/10/2011
20/01/2011
3.4369
-844
-300,000
Bought Eu.Opt
27/10/2011
31/01/2011
3.4369
20,016
500,000
Sold Eu.Opt
27/10/2011
20/01/2011
3.4369
-1,757
-500,000
Bought Eu.Opt
27/10/2011
20/01/2011
3.4369
15,553
300,000
Sold Eu.Opt
28/11/2011
23/05/2011
3.4418
-1,979
-300,000
Bought Eu.Opt
28/11/2011
23/05/2011
3.4418
9,735
500,000
Sold Eu.Opt
28/11/2011
11/05/2011
3.4418
-3,243
-500,000
Bought Eu.Opt
28/11/2011
11/05/2011
3.4418
7,963
-300,000
Bought Eu.Opt
28/11/2011
31/01/2011
3.4418
20,093
300,000
Sold Eu.Opt
28/11/2011
28/01/2011
3.4418
-761
-300,000
Bought Eu.Opt
28/11/2011
28/01/2011
3.4418
16,398
300,000
Sold Eu.Opt
28/11/2011
20/01/2011
3.4418
-1,125
300,000
Sold Eu.Opt
28/11/2011
31/01/2011
3.4418
-744
-300,000
Bought Eu.Opt
28/11/2011
20/01/2011
3.4418
9,735
500,000
Sold Eu.Opt
28/11/2011
20/01/2011
3.4418
-2,507
-500,000
Bought Eu.Opt
28/11/2011
20/01/2011
3.4418
16,225
300,000
Sold Eu.Opt
28/12/2011
23/05/2011
3.4466
-2,492
-300,000
Bought Eu.Opt
28/12/2011
23/05/2011
3.4466
10,055
500,000
Sold Eu.Opt
28/12/2011
11/05/2011
3.4466
-3,944
-500,000
Bought Eu.Opt
28/12/2011
11/05/2011
3.4466
8,679
 
 
 
 
 
-500,000
Bought Eu.Opt
28/12/2011
20/01/2011
3.4466
16,758
300,000
Sold Eu.Opt
28/12/2011
28/01/2011
3.4466
-1,031
-300,000
Bought Eu.Opt
28/12/2011
28/01/2011
3.4466
16,547
300,000
Sold Eu.Opt
28/12/2011
20/01/2011
3.4466
-1,379
300,000
Sold Eu.Opt
28/12/2011
31/01/2011
3.4466
-1,016
-300,000
Bought Eu.Opt
28/12/2011
31/01/2011
3.4466
20,160
-300,000
Bought Eu.Opt
28/12/2011
20/01/2011
3.4466
10,055
500,000
Sold Eu.Opt
28/12/2011
20/01/2011
3.4466
-3,223
300,000
Sold Eu.Opt
27/01/2012
27/06/2011
3.4509
-2,402
-300,000
Bought Eu.Opt
27/01/2012
27/06/2011
3.4509
5,584
300,000
Sold Eu.Opt
27/01/2012
16/06/2011
3.4509
-2,402
-300,000
Bought Eu.Opt
27/01/2012
16/06/2011
3.4509
5,773
300,000
Sold Eu.Opt
27/02/2012
27/06/2011
3.4546
-2,888
-300,000
Bought Eu.Opt
27/02/2012
27/06/2011
3.4546
5,962
300,000
Sold Eu.Opt
27/02/2012
16/06/2011
3.4546
-2,888
-300,000
Bought Eu.Opt
27/02/2012
16/06/2011
3.4546
6,341
300,000
Sold Eu.Opt
28/03/2012
27/06/2011
3.4583
-3,355
-300,000
Bought Eu.Opt
28/03/2012
27/06/2011
3.4583
6,296
300,000
Sold Eu.Opt
28/03/2012
16/06/2011
3.4583
-3,355
-300,000
Bought Eu.Opt
28/03/2012
16/06/2011
3.4583
6,864
300,000
Sold Eu.Opt
25/04/2012
27/06/2011
3.4617
-3,707
-300,000
Bought Eu.Opt
25/04/2012
27/06/2011
3.4617
6,578
300,000
Sold Eu.Opt
25/04/2012
16/06/2011
3.4621
-3,714
-300,000
Bought Eu.Opt
25/04/2012
16/06/2011
3.4621
7,327
300,000
Sold Eu.Opt
29/05/2012
27/06/2011
3.4659
-4,105
-300,000
Bought Eu.Opt
29/05/2012
27/06/2011
3.4659
6,894
300,000
Sold Eu.Opt
29/05/2012
16/06/2011
3.4659
-4,105
-300,000
Bought Eu.Opt
29/05/2012
16/06/2011
3.4659
8,065
300,000
Sold Eu.Opt
27/06/2012
27/06/2011
3.4694
-4,438
-300,000
Bought Eu.Opt
27/06/2012
27/06/2011
3.4694
7,146
300,000
Sold Eu.Opt
27/06/2012
16/06/2011
3.4694
-4,438
-300,000
Bought Eu.Opt
27/06/2012
16/06/2011
3.4694
8,523