Expenses:



For the years ended December 31	2018		2017
Cost of sales	$	2,577,382	$	2,035,545
Selling and distribution	464,474		449,593
Administrative expenses	60,367		99,036
Total expenses by function	$	3,102,223	$	2,584,174

Cost of raw materials and purchased methanol	$	2,191,515	$	1,637,085
Ocean freight and other logistics	399,293		374,717
Employee expenses, including share-based compensation	182,519		243,707
Other expenses	83,593		96,440
Cost of sales and operating expenses	2,856,920		2,351,949
Depreciation and amortization	245,303		232,225
Total expenses by nature	$	3,102,223	$	2,584,174

For the year ended December 31, 2018 we recorded a share-based compensation recovery of $6.3 million (2017 - expense of $78.8 million), the majority of which is included in administrative expenses for the total expenses by function presentation above.