b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)Dividend to related partiesandanoutstandingpayabletoPDVSAPetrleo,S.A.(PDVSA)amountingtoUS$49,144whichTheGroupmadeinterimpayments,regarding hasbeenusedasasettlementwiththeGoSdividendtoitsshareholder,(GoS)in2021 Receivables,basedonthewrittenconfirmationregardingfiscalyear2021. fromGoSthatallpaymentobligationsofTrade receivables from / trade payables toStaatsolieduetoPDVSApursuanttothecontractshareholder (GoS)willbeassignedtoGoS.ThetotaltradereceivablebalanceofUS$110,508 AftersettlementoftheGoSreceivablebalanceasofDecember31,2021(2020:US$102,414) withtheGoSpayablebalanceofUS$85,321theconsistsofabalanceofUS$24,399(2020:netreceivablebalanceduetoGoSwillbe US$14,640)whichisrelatedtootherthird-party US$787(2020:PayableUS$20,900).tradereceivables. TheGroupmadeadividendpaymenttotheFurther,aGoSreceivablebalanceofUS$86,109 shareholderofUS$43,400ofwhichUS$20,900asofDecember31,2021(2020:US$87,774)for: wasfortheyear2020.deliveryofoilandelectricitytoGoSandoil Terms and conditions of transactions with deliveriestoN.V.EBSincludingareceivable related partiesfortransmissionlinephase4:US$36,965 Thesalestoandpurchasesfromrelatedparties(2020:US$38,630) aremadeintheordinarycourseofbusiness.Thereis an arrangement with GoS for the settlement ofthetradereceivablesfromN.V.EBSandtheoutstandingpayablestoGoS.Compensation of key management personnel of the Group:(X US$ 1,000) 2021 2020Shorttermemployeebenefits 2,774 3,497Post-employmentpensionandmedicalbenefits 181 348Total Compensation paid to key management personnel 2,955 3,845 Therearenootherrelatedpartytransactions.180 STAATSOLIE 2021 ANNUAL REPORT'