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

Significant Accounting Policies (Tables)

v3.19.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of significant accounting policies [Abstract]  
Schedule of Estimated Useful Lives
The estimated useful lives are as follows:
 
 
%
 
Mainly %
Office furniture and equipment
6-33
 
33
Photovoltaic plants in Spain
4
 
4
Photovoltaic plants in Italy
5
 
5
Anaerobic digestion plants in the Netherlands
  8
 
8
Leasehold improvements
Over the shorter of the lease period or the life of the asset
 
7
Schedule of Reserves and Retained Earnings and Other Components Equity
The table hereunder presents the original measurement categories according to IAS 39 and the new measurement categories according to IFRS 9 with respect to the financial assets and financial liabilities of the Company as at January 1, 2018, and the effects of the transition to IFRS 9 on the opening balances of reserves and retained earnings and other components of equity.

   
Original
   
New
   
Carrying
   
Carrying
 
   
classification
   
classification
   
amount
   
amount
 
   
according to
   
according to
   
according to
   
according to
 
   
IAS 39
   
IFRS 9
   
IAS 39
   
IFRS 9
 
               
€ thousands
   
€ thousands
 
Financial assets
                       
Loans granted to associates
 
Loans and receivables
   
Fair value through profit or loss
     
11,653
     
11,902
 
Reserves and retained earnings
                           
Retained earnings
   
-
     
-
     
-
     
341