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69NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2012(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)19. Related party disclosures (continued)Investments at fair value through statement of comprehensive income Included therein is a holding of less than 1% of the issued share capital of a fellow subsidiary of the ultimate parent. This investment has a carrying value of $3,724 million (2011: $3,504 million) at 31 December 2012 (Refer to Note 9).Cash and cash equivalentsIncluded therein are Income and Mutual Fund deposits with a fellow subsidiary of the ultimate parent amounting to $101.3 million at 31 December 2012 (2011: $65.9 million) (Refer to Note 10).Transactions with other related partiesOne of the directors of the Group is a partner in a law firm to which the sum of $246,387.25 dollars (2011: $406,136.89 dollars) was paid in fees for representing the Company in legal cases during the year.2012 2011Compensation of key management personnel $ $Short-term employee benefits 3,522 3,164Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Group.Guardian_Media_Annual_Report2012.indd 69 4/17/13 7:31 PM