b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (Continued)4.3 OTHER PROPERTY, PLANT AND EQUIPMENT (X US$ 1,000) Land & Lease hold Building and Machine & Abandonment Well & Other Fixed Projects in Grand Total Improvement Structure Equipment Costs Equipment Assets ProgressCostAt January 1, 201818,654 37,773 124,444 179 917 12,173 867 195,007 Additions - -498- -152 1,977 2,627Adjustments*- - -(107)- - -(107)CapitalizedfromPIPtoPPE-469- - - -(471)(2)Translationadjustmentoncost- - - - - - - Internal transfers- - - - - - 20 20 ExpensetoP&L- - - - - - (400)(400)Disposals/Disinvestmentincurrentyear-(812) (2,042)-(5) (229)-(3,088)At December 31, 201818,654 37,430 122,900 72 912 12,096 1,993 194,057 Additions -80 117- -198 5,808 6,203Adjustments*- - - 141 - - - 141 CapitalizedfromPIPtoPPE-98 59- -88 (925) (680)Translationadjustmentoncost- - - - - - - - Internal transfers-354 (354)- - - - - ExpensetoP&L- - - - - -86 86Disposals/Disinvestmentincurrentyear- (2)- - - - (2)SAP/Hyperinflation 25 6,112 (8,886)- -3,05012 313 At December 31, 201918,679 44,072 113,836 213 912 15,432 6,974 200,118 Depreciation 1 January 2018(540)(16,757)(40,761)(23)(715)(11,780)- (70,576)Adjustments**-491(40)14 - - -465Depreciationincurrentyear(14) (1,320) (6,104) (8) (18) (186)-(7,650)Translationadjustmentonaccummulateddepreciation- - - - -252-252Internal transfer- - - - - - - - DepreciationDisinvestment/Internaltransfercurrentyear-515 1,357- 4 - -1,876At December 31, 2018(554)(17,071)(45,548)(17)(729)(11,714)- (75,633)Adjustments- - - - - - - - Depreciationincurrentyear (15) (17) (5,443)(3) (15) (252)-(5,745)RegroupingduetoSAPimplementation(24) (4,716) 6,211- -(1,548) 5 (72)Internal transfer-(138) 138- - - - - Depreciation/Disinvestment/Internaltransferincurrentyear- -1,178- - - -1,178At December 31, 2019(593)(21,942)(43,464)(20)(744)(13,514)5 (80,272)Netbookvalue:At December 31, 201818,100 20,359 77,352 55 183 382 1,993 118,424 At December 31, 201918,086 22,130 70,372 193 168 1,918 6,979 119,846 *Adjustments to abandonment cost relates to changes in the decommissioning provision ** Includes adjustment to reverse depreciation recorded in previous years. Refer to Section 2.5 Restatement.82 STAATSOLIE 2019 ANNUAL REPORT'