|12 Months Ended|
Dec. 31, 2018
|Disclosure of operating segments [abstract]|
Note 22 - Operating Segments
The Company presented the results of its reportable segments starting the current reporting period, in view of the Company's recent entry into additional operations such as the Bio Gas in the Netherlands resulting in separate segment reporting reviewed and analyzed by the CODM. Comparison figures were presented accordingly.
The Company’s reportable segments, which form the Company’s strategic business units, are described below:
Factors that management used to identify the Company’s reportable segments
The Company’s strategic business units offer different products and the allocation of resources and evaluation of performance is managed separately because they require different technology.
For each of the strategic business units, the Company’s chief operating decision maker (CODM) reviews internal management reports on at least a quarterly basis. The following summary describes the operations in each of the Company’s operating segments.
The Company presented the photovoltaic power plants per geographical areas, as the information collected and analyzed by the CODM in connection with the PV Plants is presented based on the physical location of the PV Plant. The CODM reviews the Israeli Shekel denominated information on Dorad and the PV Plant located in Israel and the information presented in the tables below is translated into euro. The CODM reviews the company’s share in the results of Dorad. In the reports analyzed by the CODM, the PV Plant located in Israel is presented under the fixed asset model and not under the financial asset model as per IFRIC 12.
Performance is measured based on segment gross profit as included in reports that are regularly reviewed by the chief operating decision maker. Segment gross profit is used to measure performance as management believes that such information is the most relevant in evaluating the results of certain segments relative to other entities that operate within these industries.
Segment assets consist of current assets and fixed assets, as included in reports provided regularly to the chief operating decision maker.
The Company is domiciled in Israel and it operates in Israel, Italy and in Spain through its subsidiaries that own seventeen PV Plants, in the Netherlands through its subsidiaries that own anaerobic digestion plants and also in Israel through Dori Energy.
The following table lists the revenues from the Company's operations in Israel, the Netherlands, Italy and Spain:
The following table lists the fixed assets, net from the Company's operation:
The entire disclosure for operating segments.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef