XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.3
Unaudited Condensed Consolidated Interim Statements of Profit or Loss and Other Comprehensive Income or Loss
€ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2023
EUR (€)
€ / shares
Jun. 30, 2023
USD ($)
$ / shares
Jun. 30, 2022
EUR (€)
€ / shares
Dec. 31, 2022
EUR (€)
€ / shares
Profit or loss [abstract]        
Revenues € 25,458 $ 27,649 [1] € 29,196 € 53,360
Operating expenses (12,028) (13,063) [1] (13,132) (24,089)
Depreciation and amortization expenses (8,064) (8,758) [1] (7,978) (16,092)
Gross profit 5,366 5,828 [1] 8,086 13,179
Project development costs (2,192) (2,381) [1] (1,554) (3,784)
General and administrative expenses (2,911) (3,162) [1] (3,297) (5,892)
Share of profits (losses) of equity accounted investee 1,541 1,674 [1] (602) 1,206
Operating profit 1,804 1,959 [1] 2,633 4,709
Financing income 9,021 9,798 [1] 4,439 9,565
Financing income (expenses) in connection with derivatives and warrants, net (476) (517) [1] 338 605
Financing expenses (6,989) (7,590) [1] (6,958) (12,636)
Financing income (expenses), net 1,556 1,691 [1] (2,181) (2,466)
Profit before taxes on income 3,360 3,650 [1] 452 2,243
Tax benefit (Taxes on income) 1,203 1,307 [1] (1,087) (2,103)
Profit (loss) for the period 4,563 4,957 [1] (635) 140
Profit (loss) attributable to:        
Owners of the Company 5,476 5,947 [1] (1,222) (357)
Non-controlling interests (913) (990) [1] 587 497
Profit (loss) for the period 4,563 4,957 [1] (635) 140
Other comprehensive loss items that after initial recognition in comprehensive income (loss) were or will be transferred to profit or loss:        
Foreign currency translation differences for foreign operations (8,253) (8,963) [1] (3,683) [2] (7,829) [2]
Effective portion of change in fair value of cash flow hedges 44,200 48,004 [1] (8,875) [2] 8,976 [2]
Net change in fair value of cash flow hedges transferred to profit or loss (4,809) (5,223) (22,246) [2] (36,438) [2]
Total other comprehensive income (loss) 31,138 33,818 [1] (34,804) (35,291)
Total other comprehensive income (loss) attributable to:        
Owners of the Company 12,055 13,093 [1] (19,051) (19,920)
Non-controlling interests 19,083 20,725 [1] (15,753) (15,371)
Total other comprehensive income (loss) 31,138 33,818 [1] (34,804) (35,291)
Total comprehensive income (loss) for the period 35,701 38,775 [1] (35,439) (35,151)
Total comprehensive income (loss) for the period attributable to:        
Owners of the Company 17,531 19,040 [1] (20,273) (20,277)
Non-controlling interests 18,170 19,735 [1] (15,166) (14,874)
Total comprehensive income (loss) for the period € 35,701 $ 38,775 [1] € (35,439) € (35,151)
Basic net earning (loss) per share | (per share) € 0.43 $ 0.46 [1] € (0.1) € (0.03)
Diluted net earning (loss) per share | (per share) € 0.43 $ 0.46 [1] € (0.1) € (0.03)
[1] Convenience translation into US$ (exchange rate as at June 30, 2023: EUR 1 = US$ 1.086)
[2] Reclassified