Investee Companies and other investments (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of associates [abstract]

Schedule of Composition of Investments

	December 31
	2018			2017
	€ in thousands
Investment in shares		19,641			18,515
Long-term loans		8,774			9,860
Deferred interest		(669	)		(720	)
		27,746			27,655
Current Maturities of the long-term loans		415			3,165
		28,161			30,820

Schedule of Changes in Investments

	2018			2017
Changes in equity and loans:	€ in thousands
Balance as at January 1		30,820			30,509
Repayment of long term loans		(4,576	)		(407	)
Interest on long term loans		1,079			1,104
Deferred interest		52			54
Elimination of interest on loan from related party		(1,130	)		(1,158	)
The Company’s share of income		2,545			1,531
Foreign currency translation adjustments		(629	)		(813	)
Balance as at December 31		28,161			30,820

Summary of Information on Financial Position

Summary information on financial position

																		Equity
	Rate of		Current		Non-current		Total		Current			Non- current			Total			attributable to the owners of the		Company’s		Surplus Costs and		Other			Carrying Amount of
	ownership		Assets		assets		assets		liabilities			liabilities			liabilities			Company		share		goodwill		Adjustments			investment
	%		€ in thousands
2018
Dori Energy		50		1,154		49,629		50,783		(204	)		(18,005	)		(18,209	)		32,574		16,287		3,376		(22	)		19,641
2017
Dori Energy		50		8,013		47,959		55,972		(51	)		(26,006	)		(26,057	)		29,915		14,958		3,925		(367	)		18,515

Summary of Information on Operating Results

Summary information on operating results

	Rate of ownership as of December		Income for the year		Company’s share		Elimination of interest on loan from related party		Other Adjustments			Company’s share of income of investee
	%		€ in thousands
2018
Dori Energy		50		3,668		1,834		1,130		(419	)		2,545
2017
Dori Energy		50		1,751		876		1,158		(503	)		1,531

Schedule of Composition of Advances on Account of Investments

Composition of Advances on account of investments

	December 31
	2018		2017
	€ in thousands
On account of the Manara PSP		798		825
On account of the Talasol Project		-		8,000
		798		8,825

Schedule of Composition Short-term and Long-term of Financial Assets

Composition of short-term and long-term financial assets

	December 31
	2018		2017
	€ in thousands
Income receivable in connection with the A.R.Z. Electricity PSP		1,282		1,249
		1,282		1,249

Schedule of Identifiable Assets Acquired and Liabilities Assumed

Identifiable assets acquired and liabilities assumed (based on amounts as described hereunder):

	Acquisition date
	€ in thousands
Asset from concessions project		28,927
Intangible asset		5,505
Restricted cash		1,795
Long-term loan		(21,370	)
Working Capital, net (excluding cash and cash equivalents)		(119	)
Deferred tax		(4,887	)
Total net identifiable assets		9,851

Schedule of Aggregate Cash Flows Derived

The aggregate cash flows derived for the Company as a result of the acquisition:

	€ in thousands
Cash and cash equivalents paid		11,815
Less - cash and cash equivalents of the subsidiary		(1,964	)
		9,851

(*)The fair value of the income receivable in connection with concession project was calculated according to the cash flows expected to be received from the Israeli Electricity Authority for a period of 16 years, discounted at a weighted interest rate of 5.9% reflecting the credit risk of the debtor.