Cyprus Energy Regulatory Authority Annual Report 2021

144 Cyprus Energy Regulatory Authority Computer software € Cost Balance at 1 January 2020 16.841 Balance at 31 December 2020/ 1 January 2021 16.841 Balance at 31 December 2021 16.841 Amortisation Balance at 1 January 2020 15.169 Amortisation for the year (Note 11) 836 Balance at 31 December 2020/ 1 January 2021 16.005 Amortisation for the year (Note 11) 836 Balance at 31 December 2021 16.841 Net book amount Balance at 31 December 2021 - 836 Balance at 31 December 2020 836 19. Intangible assets Buildings € Cost Additions 825.432 Balance at 31 December 2020/ 1 January 2021 825.432 Adjustment to right-of-use asset (21.802) Balance at 31 December 2021 803.630 Depreciation Charge for the year 190.484 Balance at 31 December 2020/ 1 January 2021 190.484 Charge for the year 180.422 Balance at 31 December 2021 370.906 Net book amount Balance at 31 December 2021 432.724 Balance at 31 December 2020 634.948 18. Right-of-use assets 2021 2020 Amounts recognised in profit and loss: € € Interest expense on lease liabilities (15.672) (22.361)

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