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Leases
 6 Months Ended
Jun. 30, 2021
Presentation of leases for lessee [abstract]  
Leases

Note 10 - Leases

 
 
1.
Material lease agreements entered into during the period
 
The Company leases land in Israel from private lessors for a period of approximately 25 years, on which is constructing the Manara PSP. A right-of-use asset in the amount of €10,629 thousand has been recognized in the statement of financial positon in April 2021 in respect of leases of land. A lease liability in the amount of €10,629 thousand has been recognized in the statement of financial positon in April 2021 in respect of such leases of land, out of which an amount of €7,616 thousand has been recognized in short term liabilities, as it is expected to be paid at the first withdrawal of the Manara PSP project finance, which closed on February 11, 2021.
 
 
2.
Right-of-use assets
 
   
Gelderland
    
Manara
    
Spain
    
Ellomay Solar
    
Talasol
    
Talmei Yosef
    
Total
  
   
€ in thousands
  
Cost
                                          
                                           
Balance as at January 1, 2021
    
355
      
-
      
1,235
      
1,789
      
12,686
      
1,672
      
17,737
  
Additions
    
-
      
10,666
      
-
      
-
      
-
      
-
      
10,666
  
Disposals
    
-
      
-
      
-
      
-
      
(4,526
)
    
(17
)
    
(4,543
)
Effect of changes in exchange rates
    
-
      
100
      
-
      
-
      
-
      
25
      
125
  
Balance as at June 30, 2021
    
355
      
10,766
      
1,235
      
1,789
      
8,160
      
1,680
      
23,985
  
Depreciation
                                                        
                                                         
Balance as at January 1, 2021
    
-
      
-
      
150
      
-
      
169
      
209
      
528
  
Depreciation for the period
    
93
      
106
      
37
      
22
      
202
      
53
      
513
  
Additions
    
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Disposals
    
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Balance as at June 30, 2021
    
93
      
106
      
187
      
22
      
371
      
262
      
1,041
  
                                                         
Carrying amounts
                                                        
As at December 31, 2020
    
355
      
-
      
1,085
      
1,789
      
12,517
      
1,463
      
17,209
  
As at June 30, 2021
    
262
      
10,660
      
1,048
      
1,767
      
7,789
      
1,418
      
22,944
  
 
 
3.
Lease liability
 
Maturity analysis of the company's lease liabilities
 
   
June 30, 2021
  
   
€ in thousands
  
Less than one year
    
8,288
  
One to five years
    
2,584
  
More than five years
    
12,940
  
         
Total
    
23,812
  
         
Current maturities of lease liability
    
8,288
  
         
Long-term lease liability
    
15,524