Expenses

12 Months Ended

Dec. 31, 2021

Analysis of income and expense [abstract]

Expenses

Expenses:

For the years ended December 31	2021		2020
Cost of sales	$	3,111,924	$	2,107,533
Selling and distribution	522,539		498,126
Administrative expenses	68,131		106,593
Total expenses by function	$	3,702,594	$	2,712,252
Cost of raw materials and purchased methanol	2,739,817		1,705,387
Ocean freight and other logistics	356,520		328,635
Employee expenses, including share-based compensation	210,849		246,779
Other expenses	32,324		74,322
Cost of sales and operating expenses	3,339,510		2,355,123
Depreciation and amortization	363,084		357,129
Total expenses by nature	$	3,702,594	$	2,712,252

For the year ended December 31, 2021 we recorded a share-based compensation recovery of $1.2 million (2020 - expense of $55.3 million), the majority of which is included in administrative expenses for the total expenses by function presentation above.

Included in cost of sales is $620 million (2020 - $251 million) of cost of sales which are recognized as sales to Methanex in our Atlas equity investee’s statements of income.