8. | LOSS BEFORE TAXATION |
| | For the years ended December 31, | | |||||||
| | 2017 | | 2016 | | 2015 | | |||
| | RMB’000 | | RMB’000 | | RMB’000 | | |||
Cost of inventories recognized as expense(1) | | | 771,438 | | | 823,856 | | | 891,720 | |
Depreciation expenses | | | 15,371 | | | 44,583 | | | 67,976 | |
Amortization of land use rights | | | 143 | | | 369 | | | 669 | |
Auditors’ remuneration | | | | | | | | | | |
Audit fees | | | 320 | | | 2,800 | | | 905 | |
Audit-related fees | | | - | | | - | | | - | |
| | | 320 | | | 2,800 | | | 905 | |
Directors’ remuneration | | | | | | | | | | |
salaries and related cost | | | 1,200 | | | 1,039 | | | 863 | |
retirement scheme contribution | | | 9 | | | 9 | | | 9 | |
share-based payments | | | - | | | - | | | - | |
Key management personnel (other than directors) | | | | | | | | | | |
salaries and related cost | | | 1,447 | | | 1,644 | | | 502 | |
retirement scheme contribution | | | 23 | | | 17 | | | 11 | |
share-based payments | | | 304 | | | - | | | - | |
Research and development personnel | | | | | | | | | | |
salaries and related cost | | | 936 | | | 1,056 | | | 1,145 | |
retirement scheme contribution | | | 102 | | | 63 | | | 87 | |
Other personnel | | | | | | | | | | |
salaries and related cost | | | 55,526 | | | 52,247 | | | 54,839 | |
retirement scheme contribution | | | 8,478 | | | 6,000 | | | 8,135 | |
Total employee benefit expenses | | | 68,025 | | | 62,075 | | | 65,591 | |