b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued)ThetablebelowsummarizesthematurityprofileoftheGroupsfinancialliabilitiesasatDecember31:(X US$ 1,000) 1 year 2 to 4 years 4 years Total2019Bond and term loans 241,906 374,625 211,998 828,529LoanfromPensionFund(StichtingPensioenfondsvoorwerknemersvan 1,325 3,976 29,158 34,459StaatsolieMaatschappijSurinameN.V.)Tradepayable 141,697- -141,697Accruals and other liabilities 43,025- -43,025Leaseliabilities 2,036 2,830-4,8662018Bond and term loans 82,623 512,111 335,393 930,127Tradepayable 106,957- -106,957Accruals and other liabilities 37,170- -37,170Credit risk expectedcreditlosses.TheprovisionmatrixisbasedonitshistoricalobserveddefaultratesCreditriskistheriskthatacounterpartywillnot overtheexpectedlifeofthetradereceivablesmeetitsobligationsunderafinancialinstrument andisadjustedforforward-lookingestimates.leadingtoafinancialloss. Generally,tradereceivablesarewritten-offifpastTheGrouptradeswithrecognised,creditworthy dueformorethanoneyearandarenotsubjecttothirdparties.ItistheGroupspolicythatall enforcementactivity.customerswhowishtotradeoncredittermsare Withrespecttocreditriskarisingfromtheothersubjecttocreditverificationprocedures,which financialassetsoftheGroup,whichcompriseincludeanassessmentofcreditrating,short- cash,short-terminvestmentsandshort-termtermliquidityandfinancialposition.Inaddition, depositsincludingrestrictedcash,theGroupsreceivablebalancesaremonitoredonanon-going exposure to credit risk arises from default of the basisandGoSreceivablesaresettledwithGoS counterparty,withamaximumexposureequaltopayables.Section6.2showsananalysisofthe thecarryingamountoftheseinstruments.Cash,tradereceivableageing. short-terminvestmentsandshort-termdeposits,An impairment analysis is performed at eachinvestmentsandrestrictedcashareplacedwithreportingdateusingaprovisionmatrixtomeasure reputableFinancialinstitutions.Themaximumexposuretocreditriskatthereportingdateisthecarryingvalueofeachclassofthefinancialassetsdisclosedinsection6.2asshownbelow:(X US$ 1,000) 2019 2018Tradereceivables 104,815 122,824Prepaymentsandothercurrentassets 20,022 17,763Loanreceivables 7,428 11,097Short-terminvestments 3,602 3,640Cash and short-term deposits24,515 42,980Restrictedcash 16,285 8,738 176,667 207,042 124 STAATSOLIE 2019 ANNUAL REPORT'