Trade and Other Receivables

6 Months Ended

Jun. 30, 2019

Trade and other receivables [abstract]

Trade and Other Receivables

Note 6 - Trade and Other Receivables

	June 30,		December 31,
	2019		2018
	€ in thousands
	Unaudited		Audited
Current Assets:
Other receivables
Government authorities		2,728		2,706
Income receivable		5,490		3,830
Interest receivable		19		6
Current tax		218		195
Current maturities of loan to an equity accounted investee		-		415
Trade receivable		451		156
Forward contracts		-		529
Inventory		351		-
Loan to others		-		3,500
Prepaid expenses and other		2,150		1,286
		11,407		12,623
Non-current Assets: Long term receivables
Advance tax payment		861		996
Financial asset (1)		5,326		-
Annual rent deposits		59		27
Other		412		432
		6,658		1,455

(1)
Power financial hedge in respect of approximately 80% of the output of the Talasol Project for a period of 10 years. The power produced by the Talasol Project is expected to be sold in the open market for the then current market power price. The hedge transaction is expected to hedge the risks associated with fluctuating electricity market prices.