versie 2 van Engels opdracht PDF

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Instituut voor Middelbaar Economisch- en Administratief Onderwijs (IMEAO) IMEAO 4 VAK TIJD MODULE HULPMIDDELEN

: Engels LEERJAAR : BAD 4/AA4 : 11.00 -13.00 DATUM : .. juni 2021 : 2/ T1 AANTAL PAGINA’S : 4 : Klad en E–N woordenboek “Online – ivm Covid-19”

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A. Answer the following questions(50p) 1. What are the five values of Staatsolie? (5pt) 1 HSEC Focused 2 Integrity 3 People Focused 4 Excellence 5 Accountability

2. Name 6 Corporate Division Managers. (6pt) 1. I. Ambrose/ Manager Corporate Audit 2. E. Bergval/ Manager Corporate Communication 3. J. Gajadien-Joella/ Manager Corporate Legal Affairs 4. T. Haarloo/ Manager Corporate HR 5. R. Hahn/ Manager Corporate ICT 6. K. Kalijan/ Manager Corporate HR Development

3. What does the financial result in 2019 reflect? (4pt) The financial results in 2019 reflect our commitment to develop Suriname’s hydrocarbon potential, while we maximize value.

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4. Mention 4 strengths of Staatsolie. (4pt) 1. producing and refining crude oil and selling petroleum products 2. producing electricity 3. investing in gold 4. building an increasingly capable workforce.

5. What has proven once again to be a solid investment in 2019?(5pt) Staatsolie’s 25% interest in the Merian gold mine with Newmont Suriname LLC, a world class mining company, proved once again to be a solid investment in 2019.

6. What is the marketing department responsible for? (5pt) The Marketing Division is mainly responsible for the sale and distribution of Staatsolie products to the local and regional markets.

7. Name Staatsolie’s subsidiaries.(3pt) GOw2 and Ventrin

8. What was the main challenge and its effects in 2019 ? (4pt) In 2019, Staatsolie established a new directorate of Power & Renewables, reflecting the diversification of the Staatsolie portfolio with the addition of electricity production from renewable sources. Acquisition of the Afobaka Hydroelectric Facility by the Government of Suriname and subsequent transfer of ownership to Staatsolie Power Company Suriname N.V. (SPCS), made the diversification effective on January 1, 2020. SPCS now as operator of a thermal power plant and a hydroelectric facility delivers 75% of the electricity for the main grid of Suriname, while providing secure power and process steam to the Staatsolie refinery.

9. What does Staatsolie do to manage the safety of its employees? (6pt) To manage safety, they implemented an improved HSE management system in the upstream operations in 2019. They recognize that conditions on shore can be challenging. For example, teams conducting 3D seismic surveys in Calcutta North, Tambaredjo Northwest and Tambaredjo North deal not just with the heat of the sun or the rain, but with bees and snakes, in addition to working with explosives. Every day, the emphasis is placed on working safely.

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10. What are the total liabilities of the company in 2019? (3pt) the total liabilities of the company in 2019 is 1,117,117

11. Show that there is an increase or decrease in the total assets of 2019 compared to 2018. (5pt) there is an increase of 196738 in 2019 compared to the assets in 2018. In 2018 the total assets were 2,188,538 and in 2019 the total assets were 2,385,276

Budget Cards Budget card 1 Summary: You are a high school graduate. You work as a cashier at Florin Exchange International and make SRD25 an hour. You work 6 days a week, 8 hours a day. Your rent is SRD 1200 a month and you live two blocks away from work, so you walk to and from work. You spend SRD 400 a week on food and your favorite hobby is fitness, so you spend SRD 75 a week on gymclass. Budget card 2 Summary: You are a university graduate. You work as a financial manager at Finabank NV. You make SRD 45 an hour. You work 6 days a week, 8 hours a day. Your rent is SRD1400 a month. You own a car so you spend SRD100 a week on transportation. You spend SRD 750 a week on food and your favorite hobby is dancing so you spend SRD 100 a week on it. Determine the MONTHLY expenses by inputting data in the chart below from budget card 1 and 2. Assume the following information: A month has four weeks. Budget Card 1

Totals (in SRD)

Income

4800

Rent

1200

Transportation Costs

0

Food

1600

Entertainment

300

Total Left Over

1700

Budget Card 2

Totals (in SRD) 3

Income

8640

Rent

1400

Transportation Costs

400

Food

3000

Entertainment

400

Total Left Over

3440

B. Assignment: Write down in 40 – 50 words the difference/comparison in income, expenses, rent, transportation costs, food and entertainment and give an explanation. (40p) The cashier at Florin Exchange earns SRD 4800 and the financial manager at finabank earns SRD 8640. On rent, food and entertainment the first person spends less then the second person. The first does not have transportation cost and the second person does. the second person has more left overs then the first person at the and of the month .

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