Cyprus Energy Regulatory Authority Annual Report 2021

155 Annual Report 2021 2021 2020 € € Finance income Bank interest 2.855 8.998 Interest from government bonds 46.351 31.932 Interest on trade balances 82 - 49.288 40.930 Finance costs Interest expense Interest expense on lease liabilities 15.695 22.361 Bank interest 5.430 3.544 Interest on taxes 168 - Sundry finance expenses Bank charges 14.994 11.559 Other finance expenses 90 124 36.377 37.588 FINANCE INCOME/COSTS For the year ended 31 December 2021 Income Rate Defence € € c INTEREST Interest from government bonds with deduction at source 46.351 3% 1.390,53 Bank interest that was subject to deduction at source 2.855 30% 856,50 49.206 2.247,03 Less: deductions at source (2.247,03) DEFENCE CONTRIBUTION DUE TO IRD - COMPUTATION OF DEFENCE CONTRIBUTION For the year ended 31 December 2021

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