b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)Adjustments and eliminations Explanation of non-IFRS measures Financeincomeandcosts,andfairvaluegains TheGroupdisclosesonefinancialmeasure,andlossesonfinancialassetsareallocatedto namelyearningsbeforeinterest,taxes,individualsegments. depreciationandamortization(EBITDA),thatisnotprepared in accordance with IFRS and is thereforeCapital expenditure consists of additions of consideredanon-IFRSfinancialmeasure.Theproperty,plantandequipmentandintangible GroupcalculatedEBITDAbytakingthenetincomeassetsincludingassetsfromtheacquisitionof andaddingbackinterest,taxes,depreciation,andsubsidiaries. amortization.AsEBITDAisusedbymanagementInter-segmentrevenuesareeliminatedon asakeyperformanceindicator,theGroupbelievesconsolidation. thatitisusefultobepresentedtothereadersoftheconsolidatedfinancialstatements.Geographic informationRevenues from external customers(X US$ 1,000) 2021 2020Suriname 309,795 232,384Guyana 61,527 59,125OtherCaribbeanTerritories 98,107 59,314TrinidadandTobago 837337 Europe 2,487 2,240MiddleEastandAsia 6,238 1,130United States 33,151 28,348NorthAmericanTerritories 63 92East Asia- 324 OtherSouthAmericanTerritories- 73 Other* 45,650 44,569Total revenue per consolidated statement of profit or loss557,855 427,936 * Gold revenue Pikin Saramacca U.J.Vis sold to various brokersTherevenueinformationaboveisbasedonthe consolidatedrevenueandaccountedforlocation of the customers.approximately37%(2020:48%)oftheGroupsreportedrevenues.ThesetransactionsarosefromIn2021,revenuefromthree(3)(2020:three sales in the downstream segment.(3))majorcustomersexceeded10%ofGroupNon-current operating assets(X US$ 1,000) 2021 2020Suriname 1,707,446 1,764,540TrinidadandTobago-2,618Total1,707,446 1,767,158 104 STAATSOLIE 2021 ANNUAL REPORT'