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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2020 101GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2020(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)2020 201921. Related party disclosures (continued) $ $Amounts owed to related partiesUltimate parent %u2013 trading 354 489Fellow subsidiaries of ultimate parent %u2013 trading 383 2,300737 2,789Fellow subsidiaries of ultimate parent %u2013 lease liabilities 837 1,064 1,574 3,853Sales to related partiesOther related parties 4,000 %u2013 4,000 %u2013Investments at fair value through statement of incomeIncluded 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 $3.99 million (2019: $3.59 million) at 31 December 2020. (Refer to Note 12).Cash and short-term depositsIncluded therein are fixed deposits with a fellow subsidiary of the ultimate parent amounting to $45.6 million at 31 December 2020 (2019: $18.3 million) (Refer to Note 13).Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Group.2020 2019Compensation of key management personnel $ $Short%u2013term employee benefits 1,020 1,258Contributions to defined contribution plans 42 66