b"STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued)DeferredincometaxatDecember31relatestothefollowing:Consolidated statement of financial position(X US$ 1,000) 2019 2018Deferred tax assetsShort-terminvestments (572) (584)Otherproperty,plantandequipment* (7,758) (5,952)Other intangible assets (911)- Provisions (1,717) (1,704)Employeedefinedbenefitliabilities 21,320 8,951Netleaserightofuse/liability (18)- Deferred tax asset (net)10,344 711 *2018 restated figures described in section 2.5 Restatements. Tax losses carry forwardNo deferred tax asset has been recorded on these tax losses as it is the belief of management VentrinissubjecttothefiscalregimeofTrinidad thatitisnotprobablethatVentrinwillgenerateandTobagoandhasaccumulatedtaxlosses sufficienttaxableprofitintheforeseeablefutureofapproximatelyUS$13,188atDecember31, toutilizetheselosses.2019,(2018:US$11,334)availableforoffsetagainstfuturetaxableprofits.Theselosseshaveno expiry date. 3.4 EARNINGS PER SHAREBasicearningspershareiscalculatedbydividing averagenumberofordinarysharesoutstandingthenetprofitfortheyearattributabletoordinary during the year.shareholdersoftheGroupbytheweighted2019 2018Netprofitattributabletoordinaryshareholders(US$'000) 120,071 100,307Weightedaveragenumberofordinaryshares5,000 5,000(number of shares - million)Basic earnings per ordinary share (US$ per share)24.01 20.06Therehavebeennoothertransactionsinvolving authorizationoftheseconsolidatedfinancialordinary shares or potential ordinary sharesstatements.betweenthereportingdateandthedateof76 STAATSOLIE 2019 ANNUAL REPORT"