Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss)

v3.19.1
Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss)
€ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
$ / shares
Dec. 31, 2018
EUR (€)
€ / shares
Dec. 31, 2017
EUR (€)
€ / shares
Dec. 31, 2016
EUR (€)
€ / shares
[1]
Statement Line Items [Line Items]        
Revenues | €   € 18,117 € 13,636 € 11,632
Operating expenses | €   (6,342) (2,549) (2,082)
Depreciation and amortization expenses | €   (5,816) (4,518) (4,411)
Gross profit | €   5,959 6,569 5,139
Project development costs | €   (2,878) (2,739) (2,201)
General and administrative expenses | €   (3,600) (2,420) (2,032)
Share of profits of equity accounted investee | €   2,545 1,531 1,375
Other income, net | €   884 18 90
Operating Profit | €   2,910 2,959 2,371
Financing income | €   2,936 1,333 263
Financing income (expenses) in connection with derivatives, net | €   494 (3,156) 636
Financing expenses | €   (5,521) (7,405) (3,333)
Financing income (expenses), net | €   (2,091) (9,228) (2,434)
Profit (loss) before taxes on income | €   819 (6,269) (63)
Taxes on income | €   (215) (372) (569)
Profit (loss) for the year | €   604 (6,641) (632)
Profit (loss) attributable to:        
Owners of the Company | €   1,057 (6,115) (209)
Non-controlling interests | €   (453) (526) (423)
Profit (loss) for the year | €   604 (6,641) (632)
Other comprehensive income (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 | €   (787) (359) 692
Effective portion of change in fair value of cash flow hedges | €   (1,008) (1,244)
Net change in fair value of cash flow hedges transferred to profit or loss | €   643 1,382
Total other comprehensive income (loss) | €   (1,152) (221) 692
Total comprehensive income (loss) for the year | €   € (548) € (6,862) € 60
Earnings (loss) per share        
Basic earnings (loss) per share | € / shares   € 0.10 € (0.57) € (0.02)
Diluted earnings (loss) per share | € / shares   € 0.10 € (0.57) € (0.02)
USD [Member]        
Statement Line Items [Line Items]        
Revenues | $ $ 20,745      
Operating expenses | $ (7,262)      
Depreciation and amortization expenses | $ (6,660)      
Gross profit | $ 6,823      
Project development costs | $ (3,295)      
General and administrative expenses | $ (4,122)      
Share of profits of equity accounted investee | $ 2,914      
Other income, net | $ 1,012      
Operating Profit | $ 3,332      
Financing income | $ 3,362      
Financing income (expenses) in connection with derivatives, net | $ 566      
Financing expenses | $ (6,322)      
Financing income (expenses), net | $ (2,394)      
Profit (loss) before taxes on income | $ 938      
Taxes on income | $ (246)      
Profit (loss) for the year | $ 692      
Profit (loss) attributable to:        
Owners of the Company | $ 1,211      
Non-controlling interests | $ (519)      
Profit (loss) for the year | $ 692      
Other comprehensive income (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 | $ (901)      
Effective portion of change in fair value of cash flow hedges | $ (1,154)      
Net change in fair value of cash flow hedges transferred to profit or loss | $ 736      
Total other comprehensive income (loss) | $ (1,319)      
Total comprehensive income (loss) for the year | $ $ (627)      
Earnings (loss) per share        
Basic earnings (loss) per share | $ / shares $ 0.11      
Diluted earnings (loss) per share | $ / shares $ 0.11      
[1] Please refer to Note 2C for functional and presentation currency.