b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (Continued)Prepaidexpensesandothercurrentassetsconsistedofthefollowing:(X US$ 1,000) 2018 2017Receivable from personnel - 18Prepaid insurance costs 1,191 805Interim dividend- 6,000Downpayment vendors11,269 4,246Prepaidpurchasedgoods,servicesandother 3,983 4,814Net sales tax receivable 1,320 7,39217,763 23,2756.3 INVENTORIES(X US$ 1,000) 2018 2017Petroleumproducts* 22,121 18,611Materialsandsupplies* 53,022 39,968Orderedgoods*4453,645Carrying value at NRV75,588 62,224 *Refertoparagraph2.5ReclassificationDuring2018,US$365(2017:US$950)was During2018,US$319,308(2017:US$236,866)recognizedasanexpenseforinventoriesto wasrecognizedasanexpenseforinventoriesrecognizeaprovisionforobsoleteinventories. carriedatcost.Thisisrecognizedincostofsales.6.4 TRADE PAYABLES, ACCRUALS AND OTHER LIABILITIES (X US$ 1,000) 2018 2017Tradepayables 106,957 90,570Accruedliabilities* 37,170 93,624144,127184,194*Refertoparagraph2.5ReclassificationTermsandconditionsoftheabovefinancialliabilities:Tradepayablesarenon-interestbearingandarenormallysettledon30-dayterms.Accruedandotherliabilitiesarenon-interestbearing.115'