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

22. Trade and Other Payables

v3.19.1
22. Trade and Other Payables
12 Months Ended
Dec. 31, 2018
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:

 

    2018     2017     2016  
Accrued expenses   $ 2,692,583     $ 2,716,238     $ 2,789,476  
Interest payables     1,230,443       1,061,346       796,175  
Trade account payables     2,163,104       2,593,584       2,295,501  
Other payables – social security payments     13,969       18,329       33,397  
Total trade and other payables, current   $ 6,100,099     $ 6,389,497     $ 5,914,549  
Other payables – social security payments   $ 1,940     $ 3,568     $ 63,143  
Other payables – property taxes payments           16,029       17,212  
Total trade and other payables, non-current   $ 1,940     $ 19,597     $ 80,355  

 

Book values approximate fair value at December 31, 2018, 2017 and 2016.