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Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2024
Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss) [Abstract]  
Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)

Note 18 - Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)

 

A.Revenues

 

   For the year ended December 31 
   2024   2023   2022 
   € in thousands 
Revenues from the sale of solar electricity   25,373    31,813    39,601 
Revenues from the sale of gas and power produced by anaerobic digestion plants   15,094    17,021    12,640 
Total revenues   40,467    48,834    52,241 

 

B.Operating Costs, Depreciation and Amortization

 

   For the year ended December 31 
   2024   2023   2022 
   € in thousands 
Depreciation from fixed assets   15,258    15,405    14,954 
Depreciation from right-of-use assets   629    607    626 
Professional services   1,541    2,549    2,232 
Operating and maintenance services   14,681    16,276    13,827 
System operator charges   1,688    2,385    6,882 
Insurance   746    842    649 
Other   1,147    809    81 
Total operating costs   35,690    38,873    39,251 

 

C.General and Administrative Expenses

 

   For the year ended December 31 
   2024   2023   2022 
   € in thousands 
Salaries and related compensation   1,848    1,797    2,151 
Professional services   3,275    2,306    2,367 
Other   940    1,180    1,337 
Total general and administrative expenses   6,063    5,283    5,855 
D.Financing Income and Expenses:

 

1.Financing income

 

   For the year ended December 31 
   2024   2023   2022 
   € in thousands 
Interest income   2,495    2,015    402 
Change in fair value of derivatives, net   1,140    251    605 
Gain from exchange rate differences, net   
-
    6,732    6,041 
Total financing income   3,635    8,998    7,048 

 

2.Financing expenses

 

   For the year ended December 31 
   2024   2023   2022 
   € in thousands 
Debentures interest and related expenses   6,641    3,876    2,130 
Interest and commissions related to projects finance   5,938    5,825    5,852 
Amortization of capitalized expenses related to projects finance   252    252    246 
Interest on minority shareholder loan   2,144    2,014    1,529 
Bank charges and other commissions   206    247    471 
Interest on lease liability   337    341    296 
Loss from exchange rate differences, net   7,768    
-
    
-
 
Total financing expenses   23,286    12,555    10,524