Note 13 - Other Current Liabilities

PARENT COMPANY

 

CONSOLIDATED

12/31/2015

12/31/2014

(Amounts in USD 1,000)

12/31/2015

12/31/2014

         

-

-

Social security tax, etc.

3,552

3,960

-

60,158

Loan from related party

-

60,158

-

-

Unearned income

35,793

7,264

723

926

Accrued interest

15,016

13,869

80

80

Other accrued cost, mainly regarding operating expenses vessels

3,655

6,103

544

6,091

Other current liabilities

32,984

31,718

1,347

67,255

Total other current liabilities

91,001

123,072

Other accrued cost includes accrued commission, purchase orders and other accrued cost includes accrued commission cost and cost related to purchase orders.
Other current liabilities includes accrued salaries and incentive program, provision for operating expenses and other short-term liabilities.