b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued)Theageinganalysisofthetradereceivables(netofallowanceforexpectedcreditlosses)is,asfollows:Past due but not impairedNeither past due nor 30-6061-9091-120 (X US$ 1,000) Totalimpaired 30 days days days days 120 days2019 104,815 13,253 14,916 4,629 3,977 1,990 66,0502018 122,824 80,653 10,965 6,806 2,764 2,171 19,465ThetotaltradereceivablebalanceofUS$104,815 AftersettlementoftheGoSreceivablebalanceasatDecember31,2019(2018:US$122,824) withdividendpayableofUS$45,136andanconsistsofabalanceofUS$34,172(2018:incometaxpayableofUS$300,thenetpayableUS$34,378)whichisrelatedtootherthird-party balanceduetoGoSwillbeUS$23,937(2018:tradereceivables. ReceivableUS$5,200).Further,aGoSreceivablebalanceofUS$70,643 IndeterminingtherecoverabilityofatradeorotherasatDecember31,2019(2018:US$88,446)for: receivable,theGroupperformsariskanalysisconsidering the type and age of the outstanding deliveryofelectricitytoGoSandoildeliveriesreceivableandthecreditworthinessofthetoN.V.EBSandGoS:US$21,499(2018:counterparties. US$38,787)TheGroupdoesnottrackchangesincreditrisk,andanoutstandingpayabletoPDVSAPetrleo, butinsteadrecognizesalossallowancebasedonS.A.(PDVSA)amountingtoUS$49,144which lifetimeECLsateachreportingdate.TheGrouphasbeenusedasasettlementwiththeGoS hasestablishedaprovisionmatrixthatisbasedReceivables,basedonthewrittenconfirmation onitshistoricalcreditlossexperience,adjustedforfrom GoS that all payment obligations offorward-lookingfactorsspecifictothedebtorsandStaatsolieduetoPDVSApursuanttothecontract theeconomicenvironment.willbeassignedtoGoS.Prepaidexpensesandothercurrentassetsconsistedofthefollowing:(X US$ 1,000) 2019 2018Receivablefrompersonnel 119- Prepaidinsurancecosts 1,459 1,191Downpaymenttovendors 12,403 11,269Prepaidpurchasedgoods,servicesandother 4,381 3,983Salestaxreceivable 1,660 1,320 20,022 17,763 128 STAATSOLIE 2019 ANNUAL REPORT'