SDFI and Petoro annual report 2022
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Accounts on cash basis, SDFI

General ledger accounts report

Total change open accounts with the Treasury
Assets and liabilities*20222021Change
O/U call5,223,091,1834,889,066,822334,024,361
AP nonop(2,360,814,695)(2,614,962,675)254,147,980
AR nonop824,799,820740,476,36184,323,458
Inventory nonop1,655,026,6571,530,463,309124,563,349
Prep exp nonop553,817,712539,139,89014,677,822
Working cap - nonop(4,593,947,580)(4,640,378,698)46,431,118
Total change open accounts with the Treasury1,309,114,358446,522,801862,591,557

O/U call - prepayments calculated net of JV cash call and settlement from operators 
AP nonop - accounts payable in settlements from operators
AR nonop - accounts receivable in settlements from operators
Inventory nonop - inventory in settlements from JV operators
Prep exp nonop – prepaid expenses to operators - settlements
Working cap - nonop - primarily accruals in monthly settlements from operators
VAT - balance of VAT payments
Agio - rounding-off related to currency translation (agio/disagio)

Comment on open account from 2021 to 2022:
The change is mainly caused by increased advances, calculated as net cash calls and settlement from the operators, as well as a reduction in amounts owed in settlement from the operators.