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Administrative expenses
12 Months Ended
Dec. 31, 2019
Disclosure Of Administrative expenses [Abstract]  
Disclosure of general and administrative expense [text block]

Note 13     Administrative expenses

 

 

 

 

 

 

 

 

Amounts in US$ ‘000

    

2019

    

2018

    

2017

Staff costs (Note 11)

 

29,688

 

27,378

 

24,713

Share-based payment (Note 11)

 

2,252

 

4,046

 

3,117

Consultant fees (a)

 

18,685

 

7,427

 

5,120

Office expenses

 

1,386

 

3,021

 

2,506

Travel expenses

 

4,867

 

4,519

 

2,772

Director’s fees and allowance (Note 11)

 

3,266

 

2,876

 

3,458

Communication and IT costs

 

2,928

 

2,395

 

2,109

Allocation to joint operations

 

(8,008)

 

(7,774)

 

(7,646)

Other administrative expenses

 

5,754

 

8,186

 

5,905

 

 

60,818

 

52,074

 

42,054

 

(a)

The increase in consultant fees in 2019 is explained mainly by legal and other advisory services related to new business efforts