152 Cyprus Energy Regulatory Authority 34. Events after the reporting period Lawsuit between the Cyprus Energy Regulatory Authority and FREIJ Entertainment (Cyprus) Limited: The Authority as Plaintiff is expected to file a lawsuit concerning amounts owed by the Defendant Company to the Authority corresponding to unpaid annual fees for the years 2012-2021. The Authority through the lawsuit claims the amount of € 7,393 to which is added 3% interest from January 1, 2022 until the end of the repayment. As for the possible outcome of this case, it is likely to be successful. Depending on the duration of the Coronavirus disease (COVID-19) pandemic, and continued negative impact on economic activity, the Authority might experience further negative results, and liquidity restraints and incur additional impairments on its assets in 2022. The exact impact on the Authority's activities in 2022 and thereafter cannot be predicted. There were no other material events after the reporting period, which have a bearing on the understanding of the financial statements. Independent auditor's report on pages 111 to 113
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