Annual Report 2019-2020

52 E F L I N G A N N U A L R E P O R T 2 0 1 9 – 2 0 2 0 18. TRADE AND OTHER PAYABLES 31.12.2019 31.12.2018 Trade payable Operating expenses, payable................................................................................... 150,957,251 1 1 8,333,845 150,957,251 1 1 8,333,845 19. EVENTS AFTER THE BALANCE SHEET DATE Very unusual conditions have now arisen due to Covid-19 Corona virus. There is considerable uncertainty about what impact this situation will have on Efling. It is, however, the opinion of the management that there is no doubt about its going concernability. 20. APPROVAL OF FINANCIAL STATEMENTS The Financial Statements were approved by the Board of Directors and authorized for issue on May 7, 2020.