Aeterna Zentaris Inc. | CIK:0001113423 | 3

  • Filed: 3/28/2018
  • Entity registrant name: Aeterna Zentaris Inc. (CIK: 0001113423)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1113423/000162828018003635/0001628280-18-003635-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1113423/000162828018003635/aezs-20171231.xml
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    • ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory

    17 Operating expenses
    The nature of the Company's operating expenses from continuing operations include the following:
     
     
    Years ended December 31,
     
     
    2017
     
    2016
     
    2015
     
     
    $
     
    $
     
    $
    Key management personnel compensation(1)
     
     
     
     
     
     
    Salaries and short-term employee benefits
     
    2,081

     
    2,430

     
    2,957

    Termination benefits
     
    —

     
    —

     
    843

    Post-employment benefits
     
    59

     
    78

     
    119

    Share-based compensation costs
     
    87

     
    1,051

     
    828

     
     
    2,227

     
    3,559

     
    4,747

    Other employees compensation:
     
     
     
     
     
     
    Salaries and short-term employee benefits
     
    3,584

     
    3,574

     
    4,431

    Termination benefits
     
    1,806

     
    —

     
    245

    Post-employment benefits
     
    441

     
    500

     
    511

    Share-based compensation costs
     
    95

     
    31

     
    91

     
     
    5,926

     
    4,105

     
    5,278

    Goods and services(2)
     
    13,575

     
    21,217

     
    21,429

    Leasing costs, net of sublease receipts of $359 in 2017, $345 in 2016 and $380 in 2015(3)
     
    2,247

     
    1,131

     
    1,452

    Refundable tax credits and grants
     
    —

     
    —

     
    (23
    )
    Onerous contract expenses resulting from the Restructuring
     
    —

     
    —

     
    (202
    )
    Transaction costs related to share purchase warrants
     
    —

     
    56

     
    2,208

    Depreciation and amortization
     
    138

     
    195

     
    271

    Impairment (reversal) losses
     
    (44
    )
     
    85

     
    70

    Operating foreign exchange (gains) losses
     
    (72
    )
     
    39

     
    199

     
     
    15,844

     
    22,723

     
    25,404

     
     
    23,997

     
    30,387

     
    35,429

    _________________________
    (1) 
    Key management includes the Company's directors and members of the executive management team.  
    (2) 
    Goods and services include third-party R&D costs, laboratory supplies, professional fees, contracted sales force costs, marketing services, insurance and travel expenses.  
    (3) 
    Leasing costs also include changes in the onerous lease provision (note 15 - provisions), other than attributable to the unwinding of the discount.
    Most of the employment agreements entered into between the Company and its executive officers include termination provisions, whereby the executive officers would be entitled to receive benefits that would be payable if the Company were to terminate the executive officers' employment without cause or if their employment is terminated following a change of control. Separation benefits generally are calculated based on an agreed-upon multiple of applicable base salary and incentive compensation and, in certain cases, other benefit amounts.