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)

v3.8.0.1
Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss)
€ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
$ / shares
Dec. 31, 2017
EUR (€)
€ / shares
Dec. 31, 2016
EUR (€)
€ / shares
[1]
Dec. 31, 2015
EUR (€)
€ / shares
[1]
Statement Line Items [Line Items]        
Revenues | €   € 13,636 € 11,632 € 12,446
Operating expenses | €   (2,549) (2,082) (2,571)
Depreciation expenses | €   (4,518) (4,411) (4,428)
Gross profit | €   6,569 5,139 5,447
Project development costs | € [2]   (2,739) (2,201) (1,044)
General and administrative expenses | € [2]   (2,420) (2,032) (2,328)
Share of profits of equity accounted investee | €   1,531 1,375 2,202
Other income, net | €   18 90 18
Operating Profit | €   2,959 2,371 4,295
Financing income | €   1,333 263 2,061
Financing income (expenses) in connection with derivatives, net | €   (3,156) 636 3,192
Financing expenses | €   (7,405) (3,333) (3,177)
Financing income (expenses), net | €   (9,228) (2,434) 2,076
Profit (loss) before taxes on income | €   (6,269) (63) 6,371
Tax benefit (taxes on income) | €   (372) (569) 1,739
Profit (loss) for the year | €   (6,641) (632) 8,110
Profit (loss) attributable to:        
Owners of the Company | €   (6,115) (209) 8,340
Non-controlling interests | €   (526) (423) (230)
Profit (loss) for the year | €   (6,641) (632) 8,110
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 | €   (359) 692 1,104
Effective portion of change in fair value of cash flow hedges | €   (1,244)
Net change in fair value of cash flow hedges transferred to profit or loss | €   1,382
Total other comprehensive income (loss) | €   (221) 692 1,104
Total comprehensive income (loss) for the year | €   € (6,862) € 60 € 9,214
Earnings (loss) per share        
Basic earnings (loss) per share | € / shares   € (0.57) € (0.02) € 0.78
Diluted earnings (loss) per share | € / shares   € (0.57) € (0.02) € 0.78
USD [Member]        
Statement Line Items [Line Items]        
Revenues | $ $ 16,333      
Operating expenses | $ (3,053)      
Depreciation expenses | $ (5,411)      
Gross profit | $ 7,869      
Project development costs | $ (3,281)      
General and administrative expenses | $ (2,899)      
Share of profits of equity accounted investee | $ 1,834      
Other income, net | $ 22      
Operating Profit | $ 3,545      
Financing income | $ 1,597      
Financing income (expenses) in connection with derivatives, net | $ (3,780)      
Financing expenses | $ (8,869)      
Financing income (expenses), net | $ (11,052)      
Profit (loss) before taxes on income | $ (7,507)      
Tax benefit (taxes on income) | $ (447)      
Profit (loss) for the year | $ (7,954)      
Profit (loss) attributable to:        
Owners of the Company | $ (7,324)      
Non-controlling interests | $ (630)      
Profit (loss) for the year | $ (7,954)      
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 | $ (430)      
Effective portion of change in fair value of cash flow hedges | $ (1,490)      
Net change in fair value of cash flow hedges transferred to profit or loss | $ 1,655      
Total other comprehensive income (loss) | $ (265)      
Total comprehensive income (loss) for the year | $ $ (8,219)      
Earnings (loss) per share        
Basic earnings (loss) per share | $ / shares $ (0.69)      
Diluted earnings (loss) per share | $ / shares $ (0.69)      
[1] Please refer to note 2C for functional and presentation currency.
[2] Reclassified - See note 2