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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2018(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)24. Earnings/(loss) per shareAs described in Note 2 (xviii), basic earnings per share is computed by relating net income/(loss) attributable to ordinary shareholder (net of preference shares) to the weighted average number of shares outstanding during the year. The weighted average number of shares has been adjusted for the removal of treasury shares. Basic earnings/(loss) per share has been computed as follows:2018 2017$ $Net loss attributable to ordinary shareholder (2,318) (3,114)Less preference share dividend (117) (117)Loss available to ordinary shareholders (2,435) (3,231)Weighted average number of shares (%u2019000)(adjusted for treasury shares) 39,900 39,900Basic and diluted earnings/(loss) per share (6) cents (8) centsThe Company has no dilutive potential ordinary shares in issue.25. Risk managementIntroductionRisk is inherent in the Group%u2019s activities but it is managed through a process of ongoing identifcation, measurement and monitoring, subject to risk limits and other controls. This process of risk management is critical to the Group%u2019s continuing proftability and each individual within the Group is accountable for the risk exposures relating to their responsibilities. The Group is exposed to credit risk, liquidity risk and market risks.Risk management structureThe Board of Directors is responsible for the overall risk management approach and for approving risk strategies, principles and policies and procedures. Day to day adherence to risk principles is carried out by the executive management of the Group in compliance with the policies approved by the Board of Directors.FINANCIAL REPORT 103