XML 53 R35.htm IDEA: XBRL DOCUMENT

Financial Expenses, Net

12 Months Ended

Dec. 31, 2025

Interest and Debt Expense [Abstract]

Financial Expenses, Net

FINANCIAL EXPENSES, NET


			Year ended December 31, 2025						Year ended December 31, 2024						Year ended December 31, 2023
Expenses:
Interest on short-term bank credit and loans			$	(22,476)					$	(59,211)					$	(58,253)
Factoring expenses			(27,925)						(42,654)						(17,474)
Interest on Commercial Securities Series A and B			(13,100)						(21,009)						(3,382)
Guarantees expenses			(20,510)						(17,613)						(22,339)
Interest on Series B, C and D Notes, net			(7,362)						(8,864)						(9,537)
Interest on long-term bank debt			(711)						(928)						(8,677)
Gain (loss) from revaluation of lease liabilities and exchange rate differences, net			(18,473)						594						(11,962)
Gain (loss) from derivative financial instruments, net			(10,388)						4,954						(3,906)
Other			(25,500)						(13,035)						(8,374)
			(146,445)						(157,766)						(143,904)
Income:
Interest on cash, cash equivalents and bank deposits			6,301						5,121						2,359
Other			1,526						1,520						3,718

			$	(138,618)					$	(151,125)					$	(137,827)