b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)SECTION 7.GROUP INFORMATION AND RELATED PARTY DISCLOSURES Information about subsidiaries TheconsolidatedfinancialstatementsoftheGroupwithStaatsolieN.V.asthemainshareholderincludesthefollowingsubsidiaries:Subsidiaries Activities Country of Incorporation % Equity Interest2020 2019GOw2 DistributionsandTrading Suriname 100 100Ventrin DistributionsandTrading TrinidadandTobago 100 100POC Explorationactivities Suriname 100 100SHI Regulator role Suriname 100 100SPCS Electricity Generator Suriname 99.99 99.99POCisatthismomentadormantcompanyandactivitieswereputonholdsince2015.Thenon-controllinginterestinSPCSisnotmaterialtotheGroup.Joint arrangement in which the Group is a joint ventureTheGrouphasa25%interestinSurinameGoldProjectCV(2020:25%)withNewmontSurinameLLC.Joint arrangement in which the Group has joint operationsInApril2020,StaatsolieenteredintoanUnincorporatedJointVenture(UJV)withRosebelGoldMinesN.V.(Rosebel)namedPikinSaramacca. TheUJVisgovernedbytheMineralAgreementdatedApril7,1994,asamended,theUJVagreementandtheaccountingmanualbothsignedonApril22,2020.InthisUJV,theparticipatinginterestis30%forStaatsolieand70%forRosebelandthelatterhasbeenappointedastheUJVoperator.Staatsolieacquiredthis30%participatinginterestforUS$54million(US$34millioncashandUS$20milliontobepaidwithinayear).Transactions with related parties productsandelectricity,purchaseofelectricity,andrenderingofmaritimeservices.ThefollowingDuringtheyear,theGroupenteredthefollowing companies are all state-owned enterprises and transactions,intheordinarycourseofbusiness therefore are related parties due to the common with related parties. Examples of theseownership:transactionsincludesaleanddeliveryofpetroleumGovernment of Suriname (GoS)(X US$ 1,000) Sales of goods Purchases of goods Trade receivables Trade payables2021 68,652-32,112- 2020 65,750330,997- N.V. Energie Bedrijven Suriname (N.V.EBS)(X US$ 1,000) Sales of goods Purchases of goods Trade receivables Trade payables2021 43,52313,561 -2020 40,662 16 2,373 1,696177'