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Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss)
€ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
EUR (€)
€ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
EUR (€)
€ / shares
 [1]
Dec. 31, 2021
EUR (€)
€ / shares
 [1]
Revenues € 48,834 $ 54,012 € 52,241 € 44,705
Operating expenses (22,861) (25,285) (23,671) (17,223)
Depreciation and amortization expenses (16,012) (17,710) (15,580) (14,641)
Gross profit 9,961 11,017 12,990 12,841
Project development costs (4,465) (4,938) (3,784) (2,508)
General and administrative expenses (5,283) (5,843) (5,855) (5,624)
Share of profits of equity accounted investee 4,320 4,778 1,206 117
Operating profit 4,533 5,014 4,557 4,826
Financing income 8,747 9,675 6,443 673
Financing income (expenses) in connection with derivatives and warrants, net 251 278 605 (841)
Financing expenses (12,555) (13,886) (10,524) (27,593)
Financing expenses, net (3,557) (3,933) (3,476) (27,761)
Profit (loss) before taxes on income 976 1,081 1,081 (22,935)
Tax benefit (Taxes on income) 1,436 1,588 (1,652) 2,536
Profit (loss) from continuing operations 2,412 2,669 (571) (20,399)
Profit (loss) from discontinued operation (net of tax) (1,787) (1,976) 711 759
Profit (loss) for the year 625 693 140 (19,640)
Profit (loss) attributable to:        
Owners of the Company 2,219 2,456 (357) (15,090)
Non-controlling interests (1,594) (1,763) 497 (4,550)
Profit (loss) for the year 625 693 140 (19,640)
Other comprehensive income (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 (7,949) (8,792) (7,829) 12,284
Effective portion of change in fair value of cash flow hedges 39,431 43,611 (65,542) [2] (35,097) [2]
Net change in fair value of cash flow hedges transferred to profit or loss 9,794 10,833 38,080 [2] 18,315 [2]
Total other comprehensive income (loss) 41,276 45,652 (35,291) (4,498)
Total other comprehensive income (loss) attributable to:        
Owners of the Company 16,931 18,726 (19,920) 3,124
Non-controlling interests 24,345 26,926 (15,371) (7,622)
Total other comprehensive income (loss) 41,276 45,652 (35,291) (4,498)
Total comprehensive income (loss) for the year 41,901 46,345 (35,151) (24,138)
Total comprehensive income (loss) for the year attributable to:        
Owners of the Company 19,150 21,182 (20,277) (11,966)
Non-controlling interests 22,751 25,163 (14,874) (12,172)
Total comprehensive income (loss) for the year € 41,901 $ 46,345 € (35,151) € (24,138)
Basic net earning (loss) per share (in Euro per share and Dollars per share) | (per share) € 0.17 $ 0.19 € (0.03) € (1.18)
Diluted net earning (loss) per share (in Euro per share and Dollars per share) | (per share) 0.17 0.19 (0.03) (1.18)
Basic profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share) 0.31 0.34 (0.08) (1.24)
Diluted profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share) 0.31 0.34 (0.08) (1.24)
Basic profit (loss) per share from discontinued operation (in Euro per share and Dollars per share) | (per share) (0.14) (0.15) 0.05 0.06
Diluted profit (loss) per share from discontinued operation (in Euro per share and Dollars per share) | (per share) € (0.14) $ (0.15) € 0.05 € 0.06
[1] Reclassified due to discontinued operation - see Note 23.
[2] Reclassified – see Note 2G.