Dedication across the board
Annual Report 2012

Consolidated Financial Statements

20. General and administrative expenses

In thousands of US dollars 2012 2011
     
Social program 21,818 1,064
Management fees 13,497 9,949
Payroll and related taxes 4,966 4,295
Training 4,118 3,215
Professional services 4,012 5,973
Business travel 2,739 4,114
Employee share option plan (Note 24) 2,470 3,545
Insurance fees 1,403 743
Depreciation and amortization 1,258 395
Bank charges 1,069 625
Other taxes 987 261
Communication 824 718
Sponsorship 721 525
Materials and supplies 602 624
Lease payments 406 352
Provision for tax claims - (728)
Other 659 735
  61,549 36,405