b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)6.4 TRADE PAYABLES, ACCRUALS AND OTHER LIABILITIES (X US$ 1,000) 2021 2020Tradepayables 84,981 82,392Accruedandotherliabilities 31,850 69,636 116,831 152,028 Termsandconditionsoftheabovefinancialliabilities:Tradepayablesarenon-interestbearingandarenormallysettledon30-dayterms.Accruedandotherliabilitiesarenon-interestbearing.TradepayablesincludesanoutstandingpayabletoPDVSAPetrleo,S.A.(PDVSA)amountingtoUS$49,144asof31December2021(2020:US$49,144)whichhasbeenusedasasettlementwiththeGoSReceivables(seesection7),basedonthewrittenconfirmationfromGoSthatallpaymentobligationsofStaatsolieduetoPDVSApursuanttothecontractwillbeassignedtoGoS.Accruedandotherliabilitiesconsistedofthefollowing:(X US$ 1,000) 2021 2020DividendPayable-23,937CurrentaccountGovernmentofSuriname471 - AllowancespayabletoManagementandPersonnel 10,734 5,376Interestpayable-loans 8,009 9,358DownPayments-Customers 1,194 1,311Current account Surgold1,659- CurrentaccountIAMGold-6,259Payrolltaxes 3,149 1,284Sales taxes and other duties 580 1,316CurrentaccountPensionfund 885 7,318Accrued expenses495 5,251ForeigncurrencySWAPUSD*-1,325StaatsolieBond(2015-2020)4142,042Other 4,260 4,859 31,850 69,636 *Foreign currency SWAP USD OnDecember10,2019StaatsolieenteredintoanagreementwithHakrinbankN.V.topurchaseUS$9,000(attheexchangerateofSRD7.52perUS$1.00)withtheobligationtosellbackthesameamountofUSdollarstoHakrinbankN.V.onJune10,2020atthesameexchangerate.OnJuly6,2020,StaatsolieextendedtheagreementwithHakrinbankN.V.forthebalanceofUS$3,000forsixmonthsunderthesameconditions.Thefeeforthiswas2.15%perannum.In2021theforeigncurrencyswapwasfullysettledwiththebank.176 STAATSOLIE 2021 ANNUAL REPORT'