b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued) b)F irstLegalDemandDebentureintheamount bytheirbankers,FirstCaribbeanCuracao,inofTT$30,939(US$4,575)dated22-Aug- favourofFirstCaribbeanTrinidad&Tobago2001,registered#DE200102146410D001, tobeheldforthedurationofthefacility.TheoverthefixedandfloatingassetsofVentrin guaranteewasreducedtoUS$5,500fromJulyPetroleumCompanyLimitedinfavourof 9,2015andfurtherreducedtoUS$3,700fromScotiabankTrinidadandTobagoLimited, August8th,2017.presentlystampedtocoverTT$30,939 (US$4,575). 3)A ssignmentofTerminalOperatorsPackageInsuranceallRisksandBusinessInterruption2)CorporateParentGuaranteeofStaatsolie Policy#WM02869A19andMarineCargoMaatschappijSurinameN.V.supportedbya InsurancePolicy#AGPOSSTP129infavourofUS$7,500Stand-ByLetterofCreditissued the Bank.RestrictedcashisUS$16,285asatDecember31,2019(December31,2018:US$8,738)ofwhich US$11,923(December31,2018:US$4,201)iscurrent.Further,restrictedcashrelatesto:CollateralwithreferencetoStaatsolieslongCorporate parent guarantees of Staatsolieterm loans and funding for interest and loan (re) tosecureVentrinsoperationalactivitiesis paymentamountingtoUS$11,923(2018:US$3,875(2018:US$3,720).US$4,201).Fundingforthelocalbondis US$487(2018:US$817).6.2 TRADE AND OTHER RECEIVABLES (X US$ 1,000) 2019 2018Tradereceivables 104,815 122,824Prepaymentsandothercurrentassets 20,022 17,763 124,837 140,587 Fortermsandconditionsrelatingtorelatedpartyreceivables,refertoSection7.Tradereceivablesarenon-interestbearingandaregenerallyontermsof3090daysnetofallowanceforexpectedcreditlosses.Movementsintheallowanceforexpectedcreditlossesoftradereceivables:(X US$ 1,000) 2019 2018As at January 1 7,830 7,981Addition 256 1,051Amountswrittenoff (175) (267)Currencyadjustment 25- Unusedamountsreversed-(935)As at December 317,936 7,830 127'