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FORM 20-F
EXHIBIT 4.3
EXHIBIT 4.22
EXHIBIT 4.23
EXHIBIT 4.24
EXHIBIT 4.25
EXHIBIT 4.26
EXHIBIT 4.27
EXHIBIT 4.28
EXHIBIT 8.1
EXHIBIT 12.1
EXHIBIT 12.2
EXHIBIT 13.1
EXHIBIT 13.2
EXHIBIT 15.1
EXHIBIT 15.2
EXHIBIT 15.3
EXHIBIT 15.4
EXHIBIT 15.5
RESEARCH AND DEVELOPMENT EXPENSES (Tables)
12 Months Ended
Dec. 31, 2014
RESEARCH AND DEVELOPMENT EXPENSES [Abstract]
Schedule of research and development expenses
Years ended December 31
2012
2013
2014
Research and development
15,556
25,244
21,255
Less: research and development grants
(6,675
)
(13,617
)
(12,097
)
Research and development, net
8,881
11,627
9,158