Leases

6 Months Ended

Jun. 30, 2022

Presentation of leases for lessee [abstract]

Leases

Note 10 - Leases

1.           Material lease agreements entered into during the period

Ellomay Solar Italy One and Ellomay Solar Italy Two each lease land in in the municipality of Latina, Borgo Bainsizza, Lazio Region, Italy from private lessors for a period of 31 years, on which they are constructing photovoltaic facilities. The contractual period of the aforesaid lease agreements ends in May 2053. A right-of-use asset in the amount of €1,335 thousand has been recognized in the statement of financial position in May 2022 in respect of leases of land. A lease liability in the amount of €1,335 thousand has been recognized in the statement of financial position in May 2022 in respect of such leases of land, out of which an amount of €17 thousand has been recognized in short term liabilities.

2.          Right-of-use assets

	Italy			Spain			Talasol			Israel			Bio Gas			Manara			Total
	€ in thousands
Cost
Balance as at January 1, 2022		-			2,755			7,587			1,503			170			11,352			23,367
Additions		1,335			-			-			36			-			97			1,468
Depreciation for the period		(5	)		(58	)		(202	)		(59	)		(110	)		(237	)		(671	)
Disposals		-			(394	)		-			-			-			-			(394	)
Effect of changes in exchange rates		-			-			-			(48	)		-			(362	)		(410	)
Balance as at June 30, 2022		1,330			2,303			7,385			1,432			60			10,850			23,360

3.          Lease liability

Maturity analysis of the company's lease liabilities

	June 30, 2022
	€ in thousands
Less than one year		675
One to five years		2,840
More than five years		13,366
Total		16,881
Current maturities of lease liability		675
Long-term lease liability		16,206