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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, 2024
EUR (€)
€ / shares
Jun. 30, 2024
USD ($)
$ / shares
Jun. 30, 2023
EUR (€)
€ / shares
 [2]
Dec. 31, 2023
EUR (€)
€ / shares
Revenues € 19,456 $ 20,808 [1] € 24,999 € 48,834
Operating expenses (9,523) (10,185) [1] (11,845) (22,861)
Depreciation and amortization expenses (8,231) (8,803) [1] (7,826) (16,012)
Gross profit 1,702 1,820 [1] 5,328 9,961
Project development costs (2,281) (2,439) [1] (2,192) (4,465)
General and administrative expenses (3,034) (3,245) [1] (2,816) (5,283)
Share of profits of equity accounted investee 1,809 1,935 [3] 1,541 4,320
Operating profit (loss) (1,804) (1,929) [1] 1,861 4,533
Financing income 2,424 2,592 [1] 8,188 8,747
Financing income (expenses) in connection with derivatives and warrants, net 2,852 3,050 [1] (476) 251
Financing expenses (7,886) (8,435) [1] (6,223) (12,555)
Financing income (expenses), net (2,610) (2,793) [1] 1,489 (3,557)
Profit (loss) before taxes on income (4,414) (4,722) [1] 3,350 976
Tax benefit 988 1,057 [1] 1,216 1,436
Profit (loss) from continuing operations (3,426) (3,665) [1] 4,566 2,412
Profit (loss) from discontinued operations (net of tax) (see Note 6) 79 84 [1] (3) (1,787)
Profit (loss) for the period (3,347) (3,581) [3] 4,563 625
Profit (loss) attributable to:        
Owners of the Company (1,434) (1,534) [1] 5,476 2,219
Non-controlling interests (1,913) (2,047) [1] (913) (1,594)
Profit (loss) for the period (3,347) (3,581) [3] 4,563 625
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 (433) (464) [1] (8,253) (7,949)
Foreign currency translation differences for foreign operations that were recognized in profit or loss 255 273 [1]
Effective portion of change in fair value of cash flow hedges 9,126 9,760 [1] 44,200 39,431
Net change in fair value of cash flow hedges transferred to profit or loss (3,284) (3,513) [1] (4,809) 9,794
Total other comprehensive income 5,664 6,056 [1] 31,138 41,276
Total other comprehensive income attributable to:        
Owners of the Company 2,705 2,892 [1] 12,055 16,931
Non-controlling interests 2,959 3,164 [1] 19,083 24,345
Total other comprehensive income 5,664 6,056 [1] 31,138 41,276
Total comprehensive income for the period 2,317 2,475 [4] 35,701 41,901
Total comprehensive income for the period attributable to:        
Owners of the Company 1,271 1,358 [1] 17,531 19,150
Non-controlling interests 1,046 1,117 [1] 18,170 22,751
Total comprehensive income for the period € 2,317 $ 2,475 [4] € 35,701 € 41,901
Basic profit (loss) per share (in Euro per share and Dollars per share) | (per share) € (0.1) $ (0.11) [1] € 0.43 € 0.17
Diluted profit (loss) per share (in Euro per share and Dollars per share) | (per share) (0.1) (0.11) [1] 0.43 0.17
Basic profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share) (0.11) (0.12) [1] 0.43 0.31
Diluted profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share) (0.11) (0.12) [1] 0.43 0.31
Basic profit (loss) per share from discontinued operation (in Euro per share and Dollars per share) | (per share) 0.01 0.01 [1] 0 (0.14)
Diluted profit (loss) per share from discontinued operation (in Euro per share and Dollars per share) | (per share) € 0.01 $ 0.01 [1] € 0 € (0.14)
[1] Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)
[2] The results of the Talmei Yosef solar plant have been reclassified as a discontinued operation and the results for these periods have been adjusted accordingly.
[3] Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1. 069)
[4] Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)