Company: INCR
Filing Date: 2025-05-01
Form Type: 20-F
Source: 0001641172-25-007971
Chunk: 210

Company: Intercure Ltd.
Filing Date: 2025-05-01
Form: 20-F
Item: Item 18
Chunk 210
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Exchange differences                                           70                        554                          -
Interest expense in respect of lease liability                820                        726                        630
Other                                                       2,147                        828                        266
Total finance expenses                                     22,862                     25,601                     14,955
Note 22 – Earnings (Loss) Per Share:
 
Details regarding the number of shares in the calculation of profit or (loss) per share
 
Schedule of Calculation of Loss Per Share
  
                                                                                                                                                                                      For the year ended December 31                                                                                 
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                 2024                                                               2023                                                                2022                                                         
                                                                                                                                          Profit (loss)                                                       Profit (loss)                                                       Profit (loss)      
                                                                                                    Weighted number of shares             NIS in thousands              Weighted number of shares             NIS in thousands              Weighted number of shares             NIS in thousands   
Number of shares and profit (loss) for calculating basic profit (loss) per share                                   45,869,177                        (67,795    )                      45,572,689                        (61,959    )                        45,352,601                      44,819  
Options which could potentially be dilutive in the future, antidilutive in 2024, 2023 and 2022                     -                                 -                                 -                                 -                                       54,271                      -       

F-59
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Note 23 - Balances and Transactions with Related Parties:
 

A.                 Balances             
     with related parties (consolidated)
----------------------------------------
  Schedule of Transactions Between Related Parties
 Composition:
 

                                   2024                 2023     
-----------------------------------------------------------------
                                                      December 31
                                      2024        2023           
                                                 NIS in thousands
Other receivables (Note 12B)           614                  3,429
 
(1) Loans from related party
 
Following the acquisition of Canndoc and the appointment of Mr. Avner Barak as a director in the Company, a loan from Mr. Avner Barak to Canndoc in the amount of NIS 718 thousand was recorded in the Company’s financial statements. The loan principal bears annual interest in NIS, calculated annually, according to the minimum interest rate prescribed in section 3J of the Israeli Income Tax Ordinance (2.62% in 2020). The loan is repaid in equal monthly installments (principal and interest) in the amount of NIS 15 thousand. The loan was fully