XML 57 R39.htm IDEA: XBRL DOCUMENT
v3.23.1

Loans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Borrowings [abstract] |
Schedule of Long-Term Loans |
|  |  |  |  | Interest rate |  |  |  |  |  |  |
|  | Linkage terms |  |  | 2021 and 2022 |  |  | December 31 2022 |  |  | December 31 2021 |
|  |  |  |  | % |  |  | € in thousands |
Bank loans |  | EURIBOR |  |  |  | 2-4.5 |  |  |  | 23,918 |  |  |  | 147,446 |
|  |  | - |  |  |  | 2.58 – 3.03 |  |  |  | 164,212 |  |  |  | - |
|  | Bank of Israel interest rate |  |  |  | 4.35-6.35 |  |  |  | 2,986 |  |  |  | - |
|  | Consumer price index in Israel |  |  |  | 2.75-4.65 |  |  |  | 51,165 |  |  |  | 17,827 |
|  |  |  |  |  |  |  |  |  |  | 242,281 |  |  |  | 165,273 |
Current maturities |  |  |  |  |  |  |  |  |  |  | 12,815 |  |  |  | 126,180 |
Long-term loans |  |  |  |  |  |  |  |  |  |  | 229,466 |  |  |  | 39,093 |
|  |  |  |  |  | Interest rate |  |  |  |  |  |  |
|  |  | Linkage terms |  |  | 2021 and 2022 |  |  | December 31 2022 |  |  | December 31 2021 |
|  |  |  |  |  | % |  |  | € in thousands |
Other long term loans |  |  | EURIBOR |  |  |  | 5.27 |  |  |  | 23,247 |  |  |  | 45,949 |
|  |  | Consumer price index in Israel |  |  |  | 3-7 |  |  |  | 8,335 |  |  |  | 7,673 |
|  |  |  |  |  |  |  |  |  |  | 31,582 |  |  |  | 53,622 |
Current maturities |  |  |  |  |  |  |  |  |  |  | 10,000 |  |  |  | 16,401 |
Other long-term loans |  |  |  |  |  |  |  |  |  |  | 21,582 |  |  |  | 37,221 |
Schedule of Aggregate Annual Maturities |
|  | December 31 |  |  | December 31 |
|  | 2022 |  |  | 2021 |
|  | € in thousands |
Second year |  |  | 13,811 |  |  |  | 7,402 |
Third year |  |  | 15,952 |  |  |  | 7,849 |
Fourth year |  |  | 14,759 |  |  |  | 7,623 |
Fifth year |  |  | 16,026 |  |  |  | 6,524 |
Sixth year and thereafter |  |  | 190,500 |  |  |  | 46,916 |
Long-term loans |  |  | 251,048 |  |  |  | 76,314 |
Current maturities |  |  | 22,815 |  |  |  | 142,581 |
|  |  | 273,863 |  |  |  | 218,895 |
Schedule of Movement in Liabilities Deriving from Financing Activities |
|  |  |  |  | Liabilities |  |  |  |
|  |  |  |  | Loans and |  |  |  |  |  |  |
|  | Note |  |  | borrowings |  |  | Debentures |  |  | Total |
|  |  |  |  | € in thousands |
Balance as at January 1, 2022 |  |  |  |  |  | 218,895 |  |  |  | 137,299 |  |  |  | 356,194 |
Changes from financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repayment of debentures |  |  | 12 |  |  |  | - |  |  |  | (19,764 | ) |  |  | (19,764 | )
Receipt of loans |  |  | 11 |  |  |  | 215,170 |  |  |  | - |  |  |  | 215,170 |
Repayment of loans |  |  | 11 |  |  |  | (153,751 | ) |  |  | - |  |  |  | (153,751 | )
Accrued interest |  |  | 11 |  |  |  | 2,488 |  |  |  | - |  |  |  | 2,488 |
Linkage |  |  | 11 |  |  |  | 2,029 |  |  |  | - |  |  |  | 2,029 |
Transaction costs related to borrowings |  |  |  |  |  |  | (3,861 | ) |  |  | 779 |  |  |  | (3,082 | )
Issuance of capital note to non-controlling interest |  |  |  |  |  |  | (3,958 | ) |  |  | - |  |  |  | (3,958 | )
Total net financing liabilities |  |  |  |  |  |  | 277,012 |  |  |  | 118,314 |  |  |  | 395,326 |
Effect of changes in foreign exchange rates |  |  |  |  |  |  | (3,149 | ) |  |  | (7,886 | ) |  |  | (11,035 | )
Balance as at December 31, 2022 |  |  |  |  |  |  | 273,863 |  |  |  | 110,428 |  |  |  | 384,291 |
|  |  |  |  | Liabilities |  |  |  |
|  |  |  |  | Loans and |  |  |  |  |  |  |
|  | Note |  |  | borrowings |  |  | Debentures |  |  | Total |
|  |  |  |  | € in thousands |
Balance as at January 1, 2021 |  |  |  |  |  | 198,169 |  |  |  | 82,724 |  |  |  | 280,893 |
Changes from financing activities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from issue of debentures |  |  | 12 |  |  |  | - |  |  |  | 71,398 |  |  |  | 71,398 |
Repayment of Debentures |  |  | 12 |  |  |  | - |  |  |  | (30,730 | ) |  |  | (30,730 | )
Receipt of loans |  |  | 11 |  |  |  | 32,947 |  |  |  | - |  |  |  | 32,947 |
Repayment of loans |  |  | 11 |  |  |  | (27,587 | ) |  |  | - |  |  |  | (27,587 | )
Accrued interest |  |  | 11 |  |  |  | 2,598 |  |  |  | - |  |  |  | 2,598 |
Transaction costs related to borrowings |  |  |  |  |  |  | 9,978 |  |  |  | 567 |  |  |  | 10,545 |
Total net financing liabilities |  |  |  |  |  |  | 216,105 |  |  |  | 123,959 |  |  |  | 340,064 |
Effect of changes in foreign exchange rates |  |  |  |  |  |  | 2,790 |  |  |  | 13,340 |  |  |  | 16,130 |
Balance as at December 31, 2021 |  |  |  |  |  |  | 218,895 |  |  |  | 137,299 |  |  |  | 356,194 |

X
- Definition The disclosure of detailed information about aggregate annual maturities of long-term loans. + References No definition available. + Details
Name: | ello_DisclosureOfDetailedInformationAboutAggregateMaturitiesExplanatory
Namespace Prefix: | ello_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about movement in liabilities deriving from financing activities. + References No definition available. + Details
Name: | ello_DisclosureOfDetailedInformationAboutMovementInLiabilitiesDerivingFromFinancingActivitiesExplanatory
Namespace Prefix: | ello_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_BorrowingsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_7&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration