Page 104 - Demo

GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2019(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)19. Dividends 2019 2018 $ $6% cumulative participating preference shares%u2013 final 2018 %u2013 4% (2017: 4%) 58 58%u2013 interim 2019 %u2013 4% (2018: 4%) 59 59Ordinary shares%u2013 final 2018 %u2013 NIL (2017: 50%u00a2) %u2013 19,950%u2013 interim 2019 %u2013 NIL (2018: 10%u00a2) %u2013 3,990 117 24,057During the year ended 31 December 2019, dividends of 8% on preference shares (amounting to $117 thousand) were declared and paid.20. Segment informationFor management purposes, the Group%u2019s segments are organised and managed separately according to the nature of these services provided by each segment. The reportable segments are the Print and Multi-Media segments.The Print segment is mainly involved in newspaper circulation and other printing services for other publishers. The Multi-Media segment provides broadcasting services through its seven (7) radio stations as well as the live television station.Print Multi%u2013segment media segment Total Total2019 2018 2019 2018 2019 2018$ $ $ $ $ $Revenue 58,498 58,123 61,844 70,133 120,342 128,256Loss before taxation (6,537) (2,509) (568) 1,547 (7,105) (962)Assets 175,630 169,977 163,985 157,597 339,615 327,574Liabilities 39,198 34,628 47,909 42,322 87,107 76,950Depreciation and amortisation 7,042 6,564 5,912 8,421 12,954 14,985Capital expenditure 2,843 2,030 1,766 3,561 4,609 5,591No revenue from a single external customer or counterparty amounted to 10% or more of the Group%u2019s total revenue in 2019 and 2018. 104 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2019