NOTES TO FINANCIAL STATEMENT
General and administrative expenses
| 2022 | 2021 | |
| AED | AED | |
| Salaries and related benefits | 23,306,667 | 22,707,021 |
| Management and consultancy fees | 6,647,973 | 7,400,000 |
| Government fees | 2,528,675 | 1,816,549 |
| Depreciation of property and equipment (Note 4) | 1,364,693 | 1,652,709 |
| Telephone and postage | 820,361 | 741,804 |
| Bank charges | 75,782 | 81,507 |
| Expected credit loss | – | 1,124,458 |
| Other expenses |
4,587,909 |
6,490,836 |
39,332,058 |
42,014,884 |
