Page 85 - Ecobank Gambia Annual Report 2020
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The average number of staff employed during the year (including directors) analyzed by category, is as follows:
Number of employees
2020 2019
Executive Directors 1 1
Management Staff 10 10
General Staff 117 116
128 127
11.18 Other expenses
2020 2019
Directors emoluments 2,670 2,276
Social responsibility
Rent and Utilities 674 955
Insurance 10,311 13,913
Advertising and promotion
Professional fees 8,576 1,384
Audit Fees 2,047 2,342
Regulatory Penalties 2,247
Management Fees 546 1,131
Operational Losss 1,090
Communication and technology -
Business travels - 41,553
AGM and Board activities 51,152
Training 4,085
Employee activities 2,404 75,954
Repairs and maintenances 63,323
Supplies and services 7,691
Cash transportation 1,504 202
Fuel 164
Other Taxes 4,550
Card Expenses(Visa & mastercard) 1,141 3,361
Other administrative expenses 7,247 2,925
3,670 3,920
7,297 16,313
9,330 3,458
3,945 9,506
16,347 25,376
24,462 9,916
3,864 233,059
221,763
Operational loss: These relates to provisions made against potential operational losses during the financial year under
review.
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