154 Cyprus Energy Regulatory Authority OPERATING EXPENSES For the year ended 31 December 2021 2021 2020 € € Administration expenses Top Management remuneration 255.577 261.690 Staff salaries 857.475 647.334 Benefits in kind 1.505 - Social security costs 141.037 111.966 Medical fund 32.870 23.323 Expenses related to defined benefits plan 158.957 360.991 Municipality taxes 1.000 1.000 Electricity 18.626 14.207 Water supply and cleaning 27.971 33.124 Insurance 1.821 1.841 Repairs and maintenance 1.209 4.082 Sundry expenses 200 547 Telephone and postage 2.241 2.553 Stationery and printing 7.676 5.436 Subscriptions and contributions 30.148 16.730 Equipment maintenance 4.528 4.778 Staff training 42.625 48.767 Computer software 23.858 10.675 Auditors' remuneration 3.083 3.083 Accounting fees 4.100 - Legal fees 7.231 17.445 Other professional fees 3.683 38.460 Fines - 101 Overseas travelling 4.936 5.085 Inland travelling and accommodation 170 - Irrecoverable VAT 98.653 83.446 Entertaining 3.216 3.327 Motor vehicle running costs 1.528 8.440 Carriage and clearing 1.970 4.016 Consulting fees 300.428 220.609 Announcements and publications 3.661 7.148 Sundry allownces and representation 22.140 20.910 Staff medical expenses - 15.270 Events costs 1.240 840 Parking rent 125 - Amortisation of computer software 836 836 Depreciation 227.692 219.220 2.294.016 2.197.280 Selling and distribution expenses Bad debts written off 140 - 140 -
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