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Operating Expenses
6 Months Ended
Jun. 30, 2019
Text block [abstract]  
Operating Expenses

Note 11: Operating expenses

The research and development expenses are broken down as follows:

 

     Six months ended June 30  
(thousands of euros)    2019      2018  

Research and development expenses

     

Personnel expenses

     20,419        22,051  

Sub-contracting, collaborations and consultants

     25,624        21,023  

Depreciation and amortization

     2,670        489  

Small equipment and supplies

     1,946        2,581  

Conferences, travel expenses

     792        1,234  

Rental5

     333        965  

Others

     454        1,604  
  

 

 

    

 

 

 

Total research and development expenses

     52,238        49,946  
  

 

 

    

 

 

 

The sales and marketing expenses are broken down as follows:

 

     Six months ended June 30  
(thousands of euros)    2019      2018  

Sales and marketing expenses

     

Personnel expenses

     5,961        4,147  

Fees

     1,541        3,869  

Depreciation and amortization

     391        3  

Marketing, tradeshows and travel expenses

     342        1,692  

Others

     92        17  
  

 

 

    

 

 

 

Total sales and marketing expenses

     8,327        9,728  
  

 

 

    

 

 

 

By nature, the breakdown of general and administrative expenses is as follows:

 

     Six months ended June 30  
(thousands of euros)    2019      2018  

General and administrative expenses

     

Personnel expenses

     15,809        11,379  

Fees

     5,947        5,322  

Depreciation and amortization

     426        323  

Insurance policies

     1,071        726  

Corporate communication and travel expenses

     422        995  

Rental5

     164        582  

Others

     1,986        1,808  
  

 

 

    

 

 

 

Total general and administrative expenses

     25,825        21,135  
  

 

 

    

 

 

 

 

5 

As of June 30, 2019, rentals are composed of rents related to leases ending within less than 12 months and to leases of low value assets, excluded from the scope of application of IFRS 16 standard, and of rental expenses.

 

Personnel expenses

As of June 30, 2019, the average headcount of the Group was 322 employees, compared with 244 employees as of June 30, 2018.

Personnel expenses are broken down as follows:

 

     Six months ended June 30  
(thousands of euros)    2019      2018  

Wages and salaries

     25,332        14,256  

Social security contributions

     7,138        4,556  

Expenses for pension commitments

     1,223        1,100  

Employer contribution to bonus shares

     455        906  

Share-based payments

     8,040        16,758  
  

 

 

    

 

 

 

Total personnel expenses

     42,188        37,577