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