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5process has included engagement with our people, our shareholders, financial analysts and our audiences. The feedback we have received has helped to formulate our plans going forward. We will aim to continue to improve our stakeholder engagement over the next reporting year.One of the key areas our stakeholders have identified is a need to provide a strong social safety net for the disadvantaged in the country, based on this we have formulated a plan to ramp up our activity on our Guardian Neediest Case Fund. This will include leveraging the strength of our media assets to lift awareness of the Fund so that even more of our citizens can participate in contributing to the less fortunate in our society.EDITORIAL STATEMENT:The philosophy of our Company %u2018The Guardian of Democracy%u2019, has become even more relevant in a rapidly evolving media environment.As with other media companies around the world, Guardian Media Limited must face enormous change. This has heightened the ongoing public debate on media regulation and underscores the importance of independent, balanced and accountable journalism. We believe that freedom of speech and a robust and independent media are fundamentally important to a strong democracy. The media should be able to act without fear or favour in carrying out its duty to inform the public and to hold Governments, industry, business and individuals to account.The integrity of our journalists is more than a moral or regulatory issue. The value of the goodwill in our brands makes up some of our most valuable assets. It is fundamentally important to us that we get the story right and for the public to have confidence that our journalists are conducting themselves in accordance with the highest ethical and legal standards. At Guardian Media Limited we have a strong commercial imperative, as well as a public duty, to have a culture, systems and processes that uphold these standards.At Guardian Media Limited we take this role seriously and believe it serves our commercial interests, as well as serving the public good. We believe public accountability and commercial viability are both complementary to fulfilling our founding philosophy.%u201cEditorial integrity is firmly embedded within Guardian Media Limited%u2019s workplace culture.%u201dThere are checks and balances incorporated into our editorial day to day work practices which support GML%u2019s commitment to balanced, independent and accurate journalism. We will continue to review our performance in this area.In addition to its regulatory obligations, Guardian Media Limited has adopted a range of core values, code of ethics and standards. Every journalist within the group is expected to uphold these standards and is held to account if compliance is not demonstrated.APPRECIATIONIn closing, I would like to acknowledge the significant contribution of my fellow Board members. Each and every one of them has skills and experience that have been of immense benefit to the company as we chart our development in this rapidly changing environment.The Board also benefits from the contribution of our Managing Director, Gabriel Faria, who is in tune with global trends and challenges in the industry and has been leading a team of executives with many years of experience. The combination of the management and technical skills of the Executive Team along with the leadership of our Directors, we believe will make us very well placed to address the opportunities ahead and deliver long-term stakeholder value. I wish to thank our advertisers who continue to recognize us as a responsible leader on the media landscape in Trinidad and Tobago.To our readers, listeners and viewers I thank you for your continued loyalty.I must also extend our sincerest thanks to our devoted journalists, reporters, columnists and support staff. Without their contribution, we would not be able to produce a quality product of relevance and value to our customers.Dennis Adrian Gurley ChairmanGuardian_Media_Annual_Report2012.indd 5 4/17/13 7:31 PM