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

Loans (Tables)

v3.19.1
Loans (Tables)
12 Months Ended
Dec. 31, 2018
Borrowings [abstract]  
Schedule of Long-Term Loans
   
 
Linkage
   
Interest
rate 2018
   
December 31
2018
 
   
term
   
%
   
€ in thousands
 
Bank loans
 
EURIBOR
     
1.6-3
     
42,545
 
   
Consumer price index in Israel
     
4.65
     
18,843
 
Other long-term loans
         
2.5-5
     
4,704
 
                     
66,092
 

   
 
Linkage
   
Interest
rate 2017
   
December 31
2017
 
   
term
   
%
   
€ in thousands
 
Bank loans
 
EURIBOR
     
1.6-3
     
19,661
 
   
Consumer price index in Israel
     
4.65
     
20,820
 
Other long-term loans
         
2.5-5
     
4,383
 
                     
44,864
 
Schedule of Aggregate Annual Maturities
The aggregate annual maturities are as follows:

   
December 31
   
December 31
 
   
2018
   
2017
 
   
€ in thousands
 
Second year
   
6,069
     
3,403
 
Third year
   
5,847
     
3,584
 
Fourth year
   
6,040
     
3,712
 
Fifth year
   
6,163
     
3,795
 
Sixth year and thereafter
   
36,109
     
27,597
 
                 
Long-term loans
   
60,228
     
42,091
 
Current maturities
   
5,864
     
2,773
 
     
66,092
     
44,864
 
Schedule of Movement in Liabilities Deriving from Financing Activities
       
Liabilities
       
         
Loans and
   
Convertible
   
Finance lease
       
   
Note
   
borrowings
   
debentures
   
liability
   
Total
 
         
€ in thousands
 
Balance as at January 1, 2018
         
44,864
     
57,631
     
4,020
     
106,515
 
Changes from financing cash flows
                                     
Payment of Debentures
   
12
     
-
     
(4,668
)
   
-
     
(4,668
)
Receipt of loans
   
10,11
     
34,745
     
-
     
-
     
34,745
 
Repayment of loans
   
10,11
     
(13,593
)
   
-
     
-
     
(13,593
)
Accrued interest
   
10,11
     
180
     
-
     
-
     
180
 
Payment of finance lease liability
   
10
     
-
     
-
     
(4,226
)
   
(4,226
)
Transaction costs related to borrowings
           
606
     
250
     
206
     
1,062
 
Total net financing cash flows
           
66,802
     
53,213
     
-
     
120,015
 
                                         
Effect of changes in foreign exchange rates
           
(710
)
   
(1,870
)
   
-
     
(2,580
)
                                     
Balance as at December 31, 2018
           
66,092
     
51,343
     
-
     
117,435