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10. General and administrative expenses
---------------------------------------------------------------------------- Three months Three months Nine months Nine months(thousands of ended Dec 31, ended Dec 31, ended Dec 31, ended Dec 31, U.S. dollars) 2012 2011 2012 2011----------------------------------------------------------------------------Salaries 947 1,084 3,001 2,276Legal fees 81 654 268 3,508Consultants 393 633 1,100 1,052Rent 155 183 441 565Management fees 161 162 426 488Audit fees 144 89 357 339Insurance 285 242 296 242Others 363 466 1,386 239Overhead recoveries from partners (1,861) (1,753) (2,285) (2,946)----------------------------------------------------------------------------General and administrative expense 668 1,760 4,990 5,763----------------------------------------------------------------------------
The Company prepares its statement of comprehensive income (loss) classifying costs according to function as opposed to the nature of the costs. As a result, general and administrative expenses are charged to various other headings in the statement of comprehensive income (loss). General and administrative expenses of $1 million and $10 million for the three and nine months ended December 31, 2012 (2011 - $4 million and $12 million) are categorized as exploration and evaluation expenses and $2 million and $7 million for the three and nine months ended December 31, 2012, (2011 - $3 million and $8 million) are categorized as production and operating expenses.
---------------------------------------------------------------------------- Three months Three months Nine months Nine months(thousands of ended Dec 31, ended Dec 31, ended Dec 31, ended Dec 31, U.S. dollars) 2012 2011 2012 2011----------------------------------------------------------------------------Audit fees 178 132 420 457Management fees 164 165 434 497Legal fees 219 1,047 679 3,467Salary 3,188 2,588 10,175 7,962Insurance 1,866 1,779 5,199 4,935Security 6 241 431 688Rent 526 370 1,534 1,146Travel 152 315 510 752Consultants 500 686 1,564 331Non-operating and other 5,029 (61) 9,693 2,612Office costs 424 802 1,003 2,453----------------------------------------------------------------------------Total 12,252 8,064 31,642 25,300----------------------------------------------------------------------------
