XML 84 R61.htm IDEA: XBRL DOCUMENT
v3.23.1

Operating Segments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Disclosure of operating segments [abstract] |
Disclosure of segmental revenues and results |
|  | For the year ended December 31, 2022 |
|  | Israel |  |  | Central-Eastern Europe |  |  | Western Europe |  |  | Management and construction |  |  | Total reportable segments |  |  | Adjustments |  |  | Total |
|  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |
External revenues |  |  | 51,363 |  |  |  | 70,705 |  |  |  | 58,991 |  |  |  | 11,113 |  |  |  | 192,172 |  |  |  | - |  |  |  | 192,172 |
Inter-segment revenues |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 9,111 |  |  |  | 9,111 |  |  |  | (9,111 | ) |  |  | - |
Total revenues |  |  | 51,363 |  |  |  | 70,705 |  |  |  | 58,991 |  |  |  | 20,224 |  |  |  | 201,283 |  |  |  | (9,111 | ) |  |  | 192,172 |
Segment Adjusted EBITDA |  |  | 57,598 |  |  |  | 56,181 |  |  |  | 45,750 |  |  |  | 4,018 |  |  |  | 163,547 |  |  |  | - |  |  |  | 163,547 |
Reconciliations of unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Headquarter costs (*) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (18,071 | )
Intersegment loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,038 |
Repayment of contract asset under concession arrangements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (17,579 | )
Depreciation and amortization and share based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (50,940 | )
Other incomes not attributed to segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11,617 |
Operating profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 90,612 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 23,341 |
Finance expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (62,591 | )
Share in the losses of equity accounted investees |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (306 | )
Profit before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 51,056 |
| (*) | Including general and administrative, project promotion and development expenses (excluding depreciation and amortization and share based compensation).
|  | For the year ended December 31, 2021 |
|  | Israel |  |  | Central-Eastern Europe |  |  | Western Europe |  |  | Management and construction |  |  | Total reportable segments |  |  | Adjustments |  |  | Total |
|  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |
External revenues |  |  | 18,919 |  |  |  | 61,326 |  |  |  | 14,064 |  |  |  | 8,152 |  |  |  | 102,461 |  |  |  | - |  |  |  | 102,461 |
Inter-segment revenues |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 10,894 |  |  |  | 10,894 |  |  |  | (10,894 | ) |  |  | - |
Total revenues |  |  | 18,919 |  |  |  | 61,326 |  |  |  | 14,064 |  |  |  | 19,046 |  |  |  | 113,355 |  |  |  | (10,894 | ) |  |  | 102,461 |
Segment Adjusted EBITDA |  |  | 44,549 |  |  |  | 51,610 |  |  |  | 11,183 |  |  |  | 6,623 |  |  |  | 113,965 |  |  |  | - |  |  |  | 113,965 |
Reconciliations of unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Headquarter costs (*) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (12,086 | )
Intersegment profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,811 | )
Repayment of contract asset under concession arrangements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (32,857 | )
Depreciation and amortization and share based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (24,480 | )
U.S. acquisition expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (7,331 | )
Operating profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 34,400 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 30,333 |
Finance expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (37,175 | )
Share in the losses of equity accounted investees |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (189 | )
Profit before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 27,369 |
| (*) | Including general and administrative, project promotion and development expenses (excluding depreciation and amortization and share based compensation).
|  | For the year ended December 31, 2020 |
|  | Israel |  |  | Central-Eastern Europe |  |  | Western Europe |  |  | Management and construction |  |  | Total reportable segments |  |  | Adjustments |  |  | Total |
|  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |  |  | USD in thousands |
Revenue from external |  |  | 16,869 |  |  |  | 48,286 |  |  |  | 2,613 |  |  |  | 2,556 |  |  |  | 70,324 |  |  |  | - |  |  |  | 70,324 |
Inter-segment revenues |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 10,864 |  |  |  | 10,864 |  |  |  | (10,864 | ) |  |  | - |
Total Revenues |  |  | 16,869 |  |  |  | 48,286 |  |  |  | 2,613 |  |  |  | 13,420 |  |  |  | 81,188 |  |  |  | (10,864 | ) |  |  | 70,324 |
Segment Adjusted EBITDA |  |  | 40,722 |  |  |  | 40,317 |  |  |  | 1,222 |  |  |  | 3,693 |  |  |  | 85,954 |  |  |  | - |  |  |  | 85,954 |
Reconciliations of unallocated amounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Headquarter costs (*) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (7,016 | )
Intersegment profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,194 | )
Repayment of contract asset under concession arrangements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (31,250 | )
Depreciation and amortization and share based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (18,120 | )
Operating profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 28,374 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 17,214 |
Finance expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (31,408 | )
Early prepayment fee |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (67,594 | )
Share of loss of equity accounted investees |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 26 |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (53,388 | )
| (*) | Including general and administrative, project promotion and development expenses (excluding depreciation and amortization and share based compensation).

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2022-03-24 -Paragraph 23 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2022-en-r&anchor=para_23&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration