Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

22. Trade and Other Payables

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22. Trade and Other Payables
12 Months Ended
Dec. 31, 2017
Trade and other payables [abstract]  
Trade and Other Payables

Note 22 — Trade and Other Payables

 

Details of trade and other payables at December 31 are as follows:

 

    2017     2016     2015  
Accrued expenses   $ 2,716,238     $ 2,789,476     $ 2,863,516  
Interest payables     1,061,346       796,175       560,835  
Trade account payables     2,593,584       2,295,501       1,834,773  
Other payables - social security payments     18,329       33,397       113,560  
Total trade and other payables, current   $ 6,389,497     $ 5,914,549     $ 5,372,684  
Other payables - social security payments   $ 3,568     $ 63,143     $  
Other payables - property taxes payments     16,029       17,212        
Total trade and other payables, non-current   $ 19,597     $ 80,355     $  

 

Book values approximate fair value at December 31, 2017, 2016 and 2015.