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

Long-term Loans (Tables)

v3.8.0.1
Long-term Loans (Tables)
12 Months Ended
Dec. 31, 2017
Borrowings [abstract]  
Schedule of Long-Term Loans
       
Interest
       
   
Linkage
   
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
 

         
Interest
rate 2016 %
       
   
Linkage
term
       
December 31 2016
 
           
€ in thousands
 
Bank loans
 
EURIBOR
     
1.6-2.85
     
15,706
 
Other long-term loans
         
3.05
     
2,031
 
                     
17,737
 
Schedule of Aggregate Annual Maturities
The aggregate annual maturities are as follows:
 
   
December 31
   
December 31
 
   
2017
   
2016
 
   
€ in thousands
 
Second year
   
3,403
     
1,203
 
Third year
   
3,584
     
1,206
 
Fourth year
   
3,712
     
1,233
 
Fifth year
   
3,795
     
1,642
 
Sixth year and thereafter
   
27,597
     
11,677
 
                 
Long-term loans
   
42,091
     
16,961
 
Current maturities
   
2,773
     
776
 
   
44,864
     
17,737
 
                 
Schedule of Movement in Liabilities Deriving from Financing Activities

         
Liabilities
       
                               
                               
         
Loans and
   
Convertible
   
Finance lease
       
   
Note
   
borrowings
   
debentures
   
liability
   
Total
 
         
NIS thousands
 
Balance as at January 1, 2017
         
17,737
     
33,790
     
4,338
     
55,865
 
Changes from financing cash flows
                                     
Loan from business combination
   
6
     
21,370
     
-
     
-
     
21,370
 
Proceeds from issue of convertible debentures
   
12
     
-
     
31,175
     
-
     
31,175
 
Payment of Debentures
   
12
     
-
     
(4,842
)
   
-
     
(4,842
)
Receipt of loans
   
10,11
     
7,443
     
-
     
-
     
7,443
 
Repayment of loans
   
10,11
     
(1,892
)
   
-
     
-
     
(1,892
)
Accrued interest
   
10,11
     
161
     
-
     
-
     
161
 
Payment of finance lease liability
   
10
     
-
     
-
     
(332
)
   
(332
)
Transaction costs related to borrowings
           
165
     
320
     
14
     
499
 
Total net financing cash flows
           
44,984
     
60,443
     
4,020
     
109,447
 
                                         
Effect of changes in foreign exchange rates
           
(120
)
   
(2,812
)
   
-
     
(2,932
)
Balance as at December 31, 2017
           
44,864
     
57,631
     
4,020
     
106,515