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97GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 201526. Risk management (continued)Liquidity riskLiquidity risk is the risk that the Group will be unable to meet its payment obligation under normal and stress circumstances. The Group monitors its liquidity risk by considering the maturity of both its fnancial investments and fnancial assets and projected cash fows from operations. Where possible the Group utilises surplus internal funds to a large extent to fnance its operations and ongoing projects. However, the Group also utilises available credit facilities such as loans and other fnancing options where required.The table summarises the maturity of the Group%u2019s fnancial liabilities at 31 December based on undiscounted repayment obligations over the remaining life of those liabilities:On Within 1 1 to 5 > 5demand year years years Total31 December 2015 $ $ $ $ $Borrowings %u2013 938 1,993 %u2013 2,931Trade and other payables %u2013 24,402 %u2013 %u2013 24,402 %u2013 25,340 1,993 %u2013 27,33331 December 2014 Borrowings %u2013 3,916 2,398 %u2013 6,314Trade and other payables %u2013 25,073 %u2013 %u2013 25,073 %u2013 28,989 2,398 %u2013 31,387(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)