b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2020 (Continued)Non-current assets for this purpose consistassets.OnlyVentrin,thesubsidiarydomiciledinofproperty,plantandequipment,investment TrinidadandTobago,hasnon-currentoperatingproperties,right-of-useassetsandotherintangible assets outside of Suriname.Components of Revenue (X US$ 1,000) 2020 2019Ownrefinedproducts(gross) 311,103 441,110Intersegment sales(81,503) (132,097)Localrefinedproducts(net) 229,600 309,013Tradingactivities(gross) 114,049 135,951Intersegment sales(19,427) (9,242)Tradingactivities(net) 94,622 126,709Electricenergy(Thermal)(gross) 50,408 78,938Intersegment sales(3,921) (15,620)Electricenergy(Thermal)(net) 46,487 63,318Electric energy (Hydro) (net) 16,517 -Gold (net) 44,568- Other revenues (net) 641 686Total revenues 432,435 499,726 Revenues consist of the sales of petroleumtaken title and has assumed the risks and rewards products,electricenergy,andtradeactivities ofownership,pricesarefixedordeterminableandofpetroleumproducts.Petroleumproductsare collectability is reasonably assured. generally being sold at prevailing market prices. Revenuesarerecognizedwhenproductsare Sales between group companies (intersegment delivered,whichoccurswhenthecustomerhas sales)arebasedonpricesgenerallyequivalenttocommercially available prices. 83'