Property plant and equipment, net

12 Months Ended

Dec. 31, 2021

Property, plant and equipment [Abstract]

Property plant and equipment, net

Note 7 – Property plant and equipment, net

	Machinery, equipment and vehicles			Computers			Office furniture and equipment			Leasehold improvements			Raw materials for property		Buildings		Total
	Thousands USD			Thousands USD			Thousands USD			Thousands USD			USD		Thousands USD		Thousands USD
Cost
As of January 1, 2020		4,708			476			187			1,745			-		-		7,116
Additions		1,163			124			85			12			-		-		1,384
Disposals		-			(8	)		(22	)		-			-		-		(30	)
As of December 31, 2020		5,871			592			250			1,757			-		-		8,470
Acquisitions through business combinations		1,686			325			110			592			-		-		2,713
Additions		1,545			1,078			461			423			439		6,064		10,010
Disposals		(646	)		(122	)		(25	)		(193	)		-		-		(986	)
Effect of changes in exchange rates		34			(3	)		(1	)		-			-		-		30
As of December 31, 2021		8,490			1,870			795			2,579			439		6,064		20,237
Depreciation accrued
As of January 1, 2020		1,486			430			53			404			-		-		2,373
Additions		787			47			30			167			-		-		1,031
Disposals		-			(8	)		(18	)		-			-		-		(26	)
As of December 31, 2020		2,273			469			65			571			-		-		3,378
Additions		1,144			184			61			367			-		18		1,774
Disposals		(539	)		(118	)		(7	)		(3	)		-		-		(667	)
Impairment loss		5,585			1,331			676			-			439		-		8,031
Effect of changes in exchange rates		27			4			-			-			-		-		31
As of December 31, 2021		8,490			1,870			795			935			439		18		12,547
Carrying amount
As of December 31, 2020		3,598			123			185			1,186			-		-		5,092
As of December 31, 2021		-			-			-			1,644			-		6,046		7,690

During the year ended December 31, 2021, the group acquired $249,000 of property and equipment on credit.

A. Impairment loss

As part of the impairment testing of cash generating units, an impairment loss of property plant and equipment was recognized at the sum of approximately $8,031 thousand. For further information regarding the impairment test, see Note 8.D.