Gazit-Globe Ltd | CIK:0001379009 | 3

  • Filed: 4/30/2018
  • Entity registrant name: Gazit-Globe Ltd (CIK: 0001379009)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1379009/000121390018005195/0001213900-18-005195-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1379009/000121390018005195/gzt-20171231.xml
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  • ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory

    b.Other expenses

     

       Year ended December 31 
       2017  (*2016  (*2015 
       NIS in millions 
     Loss from decrease in holding interest, revaluation and realization of associate, net  4   -   (**466 
     Capital loss on assets disposal (including transaction expenses)  42   1   109 
     Impairment of goodwill  -   23   39 
     Impairment of other assets  35   6   2 
     Other ***)  85   193   139 
        166   223   755 

     

    *)Reclassified, refer to Note 2dd.

     

    **)For the year ended December 31, 2015, includes a net loss in total amount of NIS 466 million due to further purchase of ATR’s shares and its initial consolidation.

     

    ***)In 2017 includes an amount of NIS 44 million deriving from an amortization of goodwill in respect of assets disposal and a decrease in tax in Norway. In 2016 includes amount of NIS 163 million (2015-NIS 109 million) due to provision for legal proceedings recognized by ATR, for further details refer to Note 25d2.