b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)Commodity price riskTheGroupisexposedtotheriskoffluctuationsin Theanalysisisbasedontheassumptionthatprevailingmarketcommoditypricesonthemixof changes in the crude oil price result in a change of oilproductsitproduces.TheGroupspolicyisto 10%inthesalepricesoftheoilproducts,withallmanagetheserisksthroughtheuseofcontract- othervariablesheldconstant.Reasonablypossiblebasedpriceswithcustomers.Asmentionedin movementsincommoditypricesweredeterminedthemarketrisksectionabove,Staatsolietakes basedonareviewofthelasttwoyearshistoricalaconservativelow-priceapproachforitswork pricesandeconomicforecastersexpectations.programandbudget.( x US$ 1,000)Increase / decrease in Effect on profit before taxEffect on profit before tax crude oil prices for the year ended 31 Decemberfor the year ended 31 December 2021 (increase/decrease) 2020 (increase/decrease)+10% 44,462 31,096-10% (44,462) (31,096)Liquidity risk TheGroupmanagesitsliquidityriskbasedonreportingcovenants,encompassingsensitivityLiquidityriskistheriskthattheGroupwill analysisforproductionandconservativepriceencounterdifficultyinmeetingobligations assumptions,andrestrainedcapitalexpenditures.associatedwithfinancialliabilitiesthataresettled Furthermore,optionaldebtisavailablewithinbydeliveringcashoranotherfinancialasset. the credit agreement in accordance with the debtbasket.CashinexcessisbeingmanagedbythecorporatetreasurydepartmentthroughintercompanycashpoolingagreementsbetweenStaatsolieanditssubsidiaries.169'