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Consolidated Statements of Profit & Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Continuing Operations      
Revenue $ 373,473 $ 364,012 $ 365,704
Cost of sales and services (excluding depreciation) (256,036) (259,515) (267,136)
Depreciation (31,141) (29,809) (30,102)
Gross profit 86,296 74,688 68,466
Selling, general and administrative expenses (35,854) (34,031) (56,292)
Write back of assets and investments 28,758
Other expenses (582) (613) (51)
Other income 6,114 2,147 1,410
Financing expenses (29,946) (30,382) (70,166)
Financing income 17,679 28,592 2,904
Financing expenses, net (12,267) (1,790) (67,262)
Gain on third party investment in Qoros 504,049
Fair value loss on put option (18,957) (39,788)
Recovery of financial guarantee 11,144 62,563
Share in losses of associated companies, net of tax (41,430) (105,257) (110,665)
(Loss)/profit before income taxes (5,536) 461,968 (135,636)
Income taxes (16,675) (11,499) (72,809)
(Loss)/profit for the year from continuing operations (22,211) 450,469 (208,445)
Profit/(loss) for the year from discontinued operations      
-Recovery of retained claims, net 25,666 4,530
-Other (1,013) (10,161) 476,565
Profit/(loss) for the year from discontinued operations 24,653 (5,631) 476,565
Profit for the year 2,442 444,838 268,120
Attributable to:      
Kenon's shareholders (13,359) 434,213 236,590
Non-controlling interests 15,801 10,625 31,530
Profit for the year $ 2,442 $ 444,838 $ 268,120
Basic/diluted profit per share attributable to Kenon's shareholders (in dollars):      
Basic/diluted (loss)/profit per share $ (0.25) $ 8.07 $ 4.40
Basic/diluted (loss)/profit per share from continuing operations (0.71) 8.17 (4.00)
Basic/diluted profit/(loss) per share from discontinued operations $ 0.46 $ (0.10) $ 8.40