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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2020 109GUARDIAN 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)25. 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 financial investments and financial assets and projected cash flows from operations. Where possible the Group utilises surplus internal funds to a large extent to finance its operations and ongoing projects. However, the Group also utilises available credit facilities such as loans and other financing options where required.The table summarises the maturity of the Group%u2019s financial liabilities at 31 December based on undiscounted repayment obligations over the remaining life of those liabilities:OndemandWithinone year1 to 5years>5years Total$ $ $ $ $31 December 2020Lease liabilities %u2013 3,224 2,508 236 5,968Trade and other payables %u2013 21,356 %u2013 %u2013 21,356 %u2013 24,580 2,508 236 27,32431 December 2019Lease liabilities %u2013 4,099 6,366 459 10,924Trade and other payables %u2013 25,141 %u2013 %u2013 25,141 %u2013 29,240 6,366 459 36,065