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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of income taxes [Abstract]  
Schedule of Components of Income Taxes
Components of the Income Taxes

   
For the Year Ended December 31,
  
   
2018
    
2017
    
2016
  
   
$ Thousands
  
Current taxes on income
                  
In respect of current year*
    
1,878
      
64,291
      
1,687
  
In respect of prior years
    
(48
)
    
44
      
92
  
Deferred tax income
                        
Creation and reversal of temporary differences
    
9,669
      
8,474
      
473
  
Total taxes on income
    
11,499
      
72,809
      
2,252
  
 
No previously unrecognized tax benefits were used in 2016, 2017 or 2018 to reduce our current tax expense.
 
*
Current taxes on income in 2017 include $61 million taxes payable in connection with a restructuring to simplify the holding structure of some of the companies remaining in the Kenon group subsequent to the Inkia transaction. As a result of this restructuring (which was substantially completed in January 2018), Kenon holds its interest in OPC directly. Kenon does not expect any further tax liability in relation to any future sales of its interest in OPC.
Schedule of Reconciliation between Theoretical Tax Expense (Benefit) on Pre-tax Income (Loss) and Actual Income Tax Expenses
Reconciliation between the theoretical tax expense (benefit) on the pre-tax income (loss) and the actual income tax expenses

   
For the Year Ended December 31,
  
   
2018
    
2017
    
2016
  
   
$ Thousands
  
Profit/(loss) from continuing operations before income taxes
    
461,968
      
(135,636
)
    
(426,900
)
Statutory tax rate
    
17.00
%
    
17.00
%
    
17.00
%
Tax computed at the statutory tax rate
    
78,535
      
(23,058
)
    
(72,573
)
                         
Increase (decrease) in tax in respect of:
                        
Elimination of tax calculated in respect of the Group’s share in losses of associated companies
    
18,215
      
20,924
      
31,651
  
Income subject to tax at a different tax rate
    
2,632
      
63,446
      
(2,548
)
Non-deductible expenses
    
6,752
      
12,850
      
41,960
  
Exempt income
    
(97,664
)
    
(7,006
)
    
-
  
Taxes in respect of prior years
    
(48
)
    
44
      
92
  
Changes in temporary differences in respect of which deferred taxes are not recognized
    
(4
)
    
4,285
      
1,419
  
Tax losses and other tax benefits for the period regarding which deferred taxes were not recorded
    
2,883
      
350
      
2,449
  
Differences between the measurement base of income reported for tax purposes and the income reported in the financial statements
    
-
      
13
      
-
  
Other differences
    
198
      
961
      
(198
)
Taxes on income included in the statement of profit and loss
    
11,499
      
72,809
      
2,252
Schedule of Deferred Tax Assets and Liabilities Recognized
The deferred tax assets and liabilities are derived from the following items:
 
   
Property plant and equipment
    
Employee benefits
    
Carryforward of losses and deductions for tax purposes
    
Other*
    
Total
  
   
$ thousands
  
Balance of deferred tax asset (liability) as at January 1, 2017
    
(207,493
)
    
1,711
      
84,735
      
(79,203
)
    
(200,250
)
Changes recorded on the statement of profit and loss
    
(13,940
)
    
(1,097
)
    
(13,919
)
    
15,845
      
(13,111
)
Changes recorded to equity reserve
    
-
      
882
      
-
      
(7,024
)
    
(6,142
)
Translation differences
    
(10,046
)
    
24
      
4,397
      
1,253
      
(4,372
)
Impact of change in tax rate
    
575
      
-
      
-
      
-
      
575
  
Sale of subsidiaries
    
140,736
      
(1,520
)
    
(39,764
)
    
71,095
      
170,547
  
Balance of deferred tax asset (liability) as at December 31, 2017
    
(90,168
)
    
-
      
35,449
      
1,966
      
(52,753
)
Changes recorded on the statement of profit and loss
    
4,532
      
68
      
(14,695
)
    
134
      
(9,961
)
Changes recorded to equity reserve
    
-
      
-
      
-
      
(104
)
    
(104
)
Translation differences
    
6,344
      
(2
)
    
(1,972
)
    
13
      
4,383
  
Balance of deferred tax asset (liability) as at December 31, 2018
    
(79,292
)
    
66
      
18,782
      
2,009
      
(58,435
)
 
  *
This amount includes deferred tax arising from derivative instruments, intangibles, undistributed profits, non-monetary items and trade receivables distribution.
Schedule of Deferred Taxes Presented in Statements of Financial Position
The deferred taxes are presented in the statements of financial position as follows:

   
As at December 31,
  
   
2018
    
2017
  
   
$ Thousands
  
As part of non-current assets
    
632
      
-
  
As part of non-current liabilities
    
(59,067
)
    
(52,753
)
     
(58,435
)
    
(52,753
)