Examples of General and Administrative Expenses in a sentence
Investment payments net of Divestment receipts increased 21.8%, to 40.2 million euro, compared to 33 million euro in 9M13, where 45.8 million euro linked to the sale of minority stakes in concession companies were included.
Payments associated with short-term leases and leases of low-value assets are recognized as an expense on a straight-line basis in General and Administrative Expenses or Property Expenses in the Consolidated Statements of Income and Comprehensive Income.
General and Administrative Expenses General and administrative expenses consist primarily of personnel-related costs, including salaries and stock-based compensation costs, for personnel in functions not directly associated with research and development activities.
The Company records depreciation, depletion and amortization related to manufacturing operations in Cost of Sales; those related to general operations are recorded in Selling, General and Administrative Expenses; and those related to non-operational activities are in Other, net on the Consolidated Statements of Income.
The Company shall pay a General and Administrative Expenses Fee in an amount equal to 2.0% of the gross revenues of the Company per month.