Cyprus Energy Regulatory Authority Annual Report 2021

116 Cyprus Energy Regulatory Authority The notes on pages 121 to 152 form an integral part of these financial statements. On 3 May 2022 the Top Management of Cyprus Energy Regulatory Authority (CERA) authorised these financial statements for issue. Neophytos Hadjigeorgiou Member Philippos Philippou Vice chairman Dr. Andreas Poullikkas Chairman 2021 2020 Note € € Borrowings 24 6.729 - Lease liabilities 25 187.190 184.976 Current tax liabilities 29 1.468 - 2.441.568 2.421.087 Total liabilities 5.086.867 5.584.082 Total reserves and liabilities 11.635.987 11.694.802 (continued)

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