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Discontinued Operation and Disposal Groups Held for Sale (Tables)
12 Months Ended
Dec. 31, 2024
Discontinued Operation and Disposal Groups Held for Sale [Abstract]  
Schedule of Assets of Disposal Groups Classified as Held for Sale

Assets of disposal groups classified as held for sale

 

   December 31 
   2023 
   € in thousands 
Cash and cash equivalents   428 
Short-term deposits   12 
Receivable from concession project   23,426 
Trade and other receivables   587 
Right-of-use asset   1,204 
Intangible asset   917 
Restricted cash and deposits   1,694 
Long term receivables   29 
Total   28,297 
Schedule of Disposal Groups Classified as Held for Sale

Liabilities of disposal groups classified as held for sale

 

   December 31 
   2023 
   € in thousands 
Trade payables   39 
Other payables   18 
Lease liability   1,321 
Long-term bank loans including current maturities   13,047 
Deferred tax liabilities   2,717 
    17,142 
Schedule of Results Attributable to Discontinued Operation

Results attributable to discontinued operation

 

   For the
five months
ended
June 3,
   For the year ended
December 31
 
   2024   2023   2022 
   € in thousands 
Results of discontinued operation            
Revenue   278    675    1,119 
Operating expenses   (142)   (342)   (418)
Depreciation and amortization expenses   (48)   (461)   (512)
Gross profit (loss) from operating activities   88    (128)   189 
                
General and administrative expenses   (13)   (33)   (37)
Operating profit (loss) from operating activities   75    (161)   152 
                
Financing income   934    1,792    3,121 
Financing expenses   (530)   (1,269)   (2,111)
Financing income, net   404    523    1,010 
                
Results from operating activities before taxes on income   479    362    1,162 
                
Taxes on income   (129)   (247)   (451)
Results from operating activities, net of taxes on income   350    115    711 
                
Loss on adjustment to fair value   (602)   (2,565)   
-
 
Foreign currency translation differences for foreign operations that were recognized in profit or loss   255    
-
    
-
 
Tax benefit on loss from sale of discontinued operation   134    663    
-
 
                
Profit (loss) for the year   137    (1,787)   711 
                
Earnings per share               
Basic earnings (loss) per share (in )   0.01    (0.14)   0.06 
Diluted earnings (loss) per share (in )   0.01    (0.14)   0.06 
                
Cash flows from discontinued operation               
Net cash from operating activities   1,211    2,587    2,445 
Net cash used in investing activities   (264)   (462)   (1,327)
Net cash used in financing activities   (41)   (2,127)   (2,126)
                
Net cash from (used in) discontinued operation   906    (2)   (1,008)