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Consolidated Statements of Changes in Equity
€ in Thousands, $ in Thousands
Share capital
EUR (€)
Share capital
USD ($)
Share premium
EUR (€)
Share premium
USD ($)
Accumulated deficit
EUR (€)
Accumulated deficit
USD ($)
Treasury shares
EUR (€)
Treasury shares
USD ($)
Translation reserve from foreign operations
EUR (€)
Translation reserve from foreign operations
USD ($)
Hedging Reserve
EUR (€)
Hedging Reserve
USD ($)
Transaction reserve with non-controlling Interests
EUR (€)
Transaction reserve with non-controlling Interests
USD ($)
Total
EUR (€)
Total
USD ($)
Non- controlling Interests
EUR (€)
Non- controlling Interests
USD ($)
EUR (€)
USD ($)
Balance at Dec. 31, 2020 € 25,102   € 82,401   € 8,191   € (1,736)   € 3,823   € 341   € 6,106   € 124,228   € 798   € 125,026  
Profit (loss) for the year         (15,090)               (15,090)   (4,550)   (19,640) [1]  
Other comprehensive income for the year               11,542   (8,418)     3,124   (7,622)   (4,498)  
Total comprehensive income (loss) for the year         (15,090)       11,542   (8,418)     (11,966)   (12,172)   (24,138)  
Issuance of ordinary shares                       8,682   8,682  
Acquisition of shares in subsidiaries from non-controlling interests                   (409)   (409)   961   552  
Warrants exercise 454   3,419               3,873     3,873  
Options exercise 49                   49     49  
Share-based payments     63               63     63  
Balance at Dec. 31, 2021 25,605   85,883   (6,899)   (1,736)   15,365   (8,077)   5,697   115,838   (1,731)   114,107  
Profit (loss) for the year         (357)             (357)   497   140 [1]  
Other comprehensive income for the year               (7,395)   (12,525)     (19,920)   (15,371)   (35,291)  
Total comprehensive income (loss) for the year         (357)       (7,395)   (12,525)     (20,277)   (14,874)   (35,151)  
Issuance of Capital note to non-controlling interest                       3,958   3,958  
Options exercise 8   28               36     36  
Share-based payments     127               127     127  
Balance at Dec. 31, 2022 25,613 $ 28,329 86,038 $ 95,161 (7,256) $ (8,027) (1,736) $ (1,920) 7,970 $ 8,816 (20,602) $ (22,787) 5,697 $ 6,301 95,724 $ 105,873 (12,647) $ (13,988) 83,077 $ 91,885
Profit (loss) for the year         2,219 2,456     2,219 2,456 (1,594) (1,763) 625 693
Other comprehensive income for the year             (7,585) (8,389) 24,516 27,115 16,931 18,726 24,345 26,926 41,276 45,652
Total comprehensive income (loss) for the year         2,219 2,456     (7,585) (8,389) 24,516 27,115 19,150 21,182 22,751 25,163 41,901 46,345
Share-based payments     121 134     121 134 121 134
Balance at Dec. 31, 2023 € 25,613 $ 28,329 € 86,159 $ 95,295 € (5,037) $ (5,571) € (1,736) $ (1,920) € 385 $ 427 € 3,914 $ 4,328 € 5,697 $ 6,301 € 114,995 $ 127,189 € 10,104 $ 11,175 € 125,099 $ 138,364
[1] Reclassified due to discontinued operation - see Note 23.