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

Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)

v3.8.0.1
Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2017
Details Of Statements Of Profit Or Loss And Other Comprehensive Income Schedule Of Costs And Depreciation Details  
Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)
Note 18 - Details of the Statements of Profit or Loss and Other Comprehensive Income (Loss)

A.
Financing income and expenses:

1.
Financing income
 
   
For the year ended December 31
 
   
2017
   
2016
   
2015
 
   
€ in thousands
 
Interest income
   
1,333
     
263
     
235
 
Change in fair value of derivatives, net
   
-
     
636
     
3,192
 
Forward gain
   
-
     
-
     
1,826
 
Total financing income
   
1,333
     
899
     
5,253
 
 
2.
Financing expenses
 
   
For the year ended December 31
 
   
2017
   
2016
   
2015
 
   
€ in thousands
 
Change in fair value of derivatives
   
3,156
     
-
     
-
 
Swap interest
   
110
     
607
     
401
 
Debentures interest and related expenses
   
2,753
     
1,990
     
2,206
 
Interest on loans
   
776
     
504
     
324
 
Loss from exchange rate differences, net
   
3,586
     
81
     
98
 
Bank charges and other commissions
   
180
     
151
     
148
 
Total financing expenses
   
10,561
     
3,333
     
3,177
 


B.
Operating Costs and Depreciation
 
   
For the year ended December 31
 
   
2017
   
2016
   
2015
 
   
€ in thousands
 
Depreciation
   
4,518
     
4,411
     
4,428
 
Professional services
   
210
     
104
     
106
 
Annual rent
   
267
     
233
     
235
 
Operating and maintenance services
   
1,574
     
1,287
     
1,348
 
Insurance
   
203
     
194
     
197
 
Other
   
295
     
264
     
685
 
Total operating costs
   
7,067
     
6,493
     
6,999
 


C.
General and administrative expenses
 
   
For the year ended December 31
 
   
2017
   
2016
   
2015
 
   
€ in thousands
 
Salaries and related compensation
   
1,030
     
1,027
     
1,313
 
Professional services
   
1,255
     
1,480
     
1,455
 
Other
   
135
     
(475
)
   
(440
)
Total general and administrative expenses
   
2,420
     
2,032
     
2,328
 

D.
Other income (expense), net
 
   
For the year ended December 31
 
   
2017
   
2016
   
2015
 
   
€ in thousands
 
Other income in connection with the Erez electricity pumped storage project (see Note 6)
   
18
     
56
     
14
 
Reevaluation of option to acquire additional shares
   
-
     
-
     
4
 
Other
   
-
     
34
         
Total other income, net
   
18
     
90
     
18
 

E.
Revenues

   
For the year ended December 31
 
   
2017
   
2016
   
2015
 
   
€ in thousands
 
Revenues from the sale of solar electricity
   
13,150
     
11,632
     
12,446
 
Revenues from the sale of gas and power produced by anaerobic digestion plants
   
303
     
-
     
-
 
Revenues from concessions project
   
183
     
-
     
-
 
Total Revenues
   
13,636
     
11,632
     
12,446