Long-term Liabilities

Debts or obligations due beyond the current year.

Long-term liabilities in Cyprus are debts or financial obligations of a business that are due more than one year in the future. These can include long-term loans, mortgage debts, bonds payable, and pension obligations. Long-term liabilities are an important aspect of a company’s long-term financing and are recorded on the balance sheet, providing insight into the company’s long-term solvency and financial structure.

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