b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)Expensed projects(X US$ 1,000) 2021 2020Expensedprojects-Downstream (378) (6,738)Expensedprojects-Corporate (79) (1,566)Expensedprojects-Upstream (1,838) (1,809)Expensedprojects-Off-Shore* (63,282)- Total(65,577)(10,113)*TheincreaseofUS$63,282in2021whencomparedtothepreviousyear,mainlyrelatesto:theImpairmentofthenearshoredrillingprojects2019-2020forUS$51,574MMandtheremaindertootherOffshoreactivities.Monetary loss (net)(X US$ 1,000) 2021Consolidated statement of profit or lossHyperinflationRevenueseffect 24,816HyperinflationCOSeffect (36,827)HyperinflationOtherincome&expense 2,634HyperinflationExpensedprojects (11)HyperinflationOtheroperatingexpense (741)HyperinflationGeneral&administration (1,429)HyperinflationFinanceincome&expense (99)HyperinflationIncomeTaxexpense (701)HyperinflationDeferredTaxexpense 1,525Consolidated statement of Financial performanceProperty,plantandequipment 5,480Intangibleassets (625)Right of use assets (42)Deferredtaxliability 506Commonstock12 Additional paid in capital 776GeneralReserve (29,411)Netothercomprehensiveincome 83Total(34,054)Theapplicationofhyperinflationinoursubsidiary theprofitorlossand(US$23,221)relatedtotheGOw2resultedinamonetaryloss(net)of(US$ statementoffinancialperformance.34,054)consistingof(US$10,833)relatedto111'