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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2022
Significant Accounting Policies [Abstract] |
Disclosure of foreign currency exchange rates used to translate other currencies into Euro | The principal foreign currency exchange rates used to translate other currencies into Euro were as follows:
| 2022 |  | 2021 |  | 2020
| Average |  | At December 31, |  | Average |  | At December 31, |  | Average |  | At December 31,
U.S. Dollar | 1.0530 |  |  | 1.0666 |  |  | 1.1827 |  |  | 1.1326 |  |  | 1.1422 |  |  | 1.2271 |
Pound Sterling | 0.8528 |  |  | 0.8869 |  |  | 0.8596 |  |  | 0.8403 |  |  | 0.8897 |  |  | 0.8990 |
Swiss Franc | 1.0047 |  |  | 0.9847 |  |  | 1.0811 |  |  | 1.0331 |  |  | 1.0705 |  |  | 1.0802 |
Japanese Yen | 138.0274 |  |  | 140.6600 |  |  | 129.8767 |  |  | 130.3800 |  |  | 121.8458 |  |  | 126.4900 |
Chinese Yuan | 7.0788 |  |  | 7.3582 |  |  | 7.6282 |  |  | 7.1947 |  |  | 7.8747 |  |  | 8.0225 |
Australian Dollar | 1.5167 |  |  | 1.5693 |  |  | 1.5749 |  |  | 1.5615 |  |  | 1.6549 |  |  | 1.5896 |
Canadian Dollar | 1.3695 |  |  | 1.4440 |  |  | 1.4826 |  |  | 1.4393 |  |  | 1.5300 |  |  | 1.5633 |
Singapore Dollar | 1.4512 |  |  | 1.4300 |  |  | 1.5891 |  |  | 1.5279 |  |  | 1.5742 |  |  | 1.6218 |
Hong Kong Dollar | 8.2451 |  |  | 8.3163 |  |  | 9.1932 |  |  | 8.8333 |  |  | 8.8587 |  |  | 9.5142 |
Disclosure of straight line depreciation rates | Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets, as follows:
| Depreciation rates
Industrial buildings | 3% - 20%
Plant, machinery and equipment | 5% - 22%
Other assets | 12% - 25%

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