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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2019
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

25.    RELATED PARTY TRANSACTIONS

The Company’s key management personnel include members of the board of directors, executive officers and former executive officers. The Company provides salaries or cash compensation, and other non-cash benefits to directors and executive officers.

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended December 31, 

 

    

2019

    

2018

    

2017

Short-term employee benefits

 

 

  

 

 

  

 

 

 

Employee salaries and bonuses

 

$

2,235,926

 

$

2,112,605

 

$

1,326,702

Directors fees

 

 

245,000

 

 

270,000

 

 

267,785

Social security and medical care costs

 

 

77,284

 

 

63,529

 

 

32,912

 

 

 

2,558,210

 

 

2,446,134

 

 

1,627,399

Post-employment benefits

 

 

 

 

 

 

 

 

 

Contributions to defined contribution pension plan

 

 

32,435

 

 

34,162

 

 

15,928

Employee termination expense

 

 

 —

 

 

296,592

 

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share-based payments

 

 

1,555,857

 

 

2,270,023

 

 

1,055,719

 

 

 

 

 

 

 

 

 

 

Total key management remuneration

 

$

4,146,502

 

$

5,046,911

 

$

2,699,046