Page 36 - Demo

34 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2020 FINANCIALS 202031 DecemberNotes 2020 2019$ $Equity and liabilitiesEquityStated capital 14 27,288 27,288Treasury shares 14 (1,554) (1,554)Other reserves 14 415 270Retained earnings 219,832 226,504245,981 252,508Non%u2013current liabilitiesLease liabilities 7 2,574 6,269Employee benefits obligation 8 5,947 5,755Deferred tax liabilities 9 40,145 46,350 48,666 58,374Current liabilitiesCurrent portion of lease liabilities 7 3,019 3,592Trade and other payables 15 21,356 25,141Taxation payable 488 %u2013 24,863 28,733TOTAL EQUITY AND LIABILITIES 319,510 339,615The accompanying notes form an integral part of these consolidated financial statements.These consolidated financial statements were authorised for issue by the Board of Directors on 19 March 2021 and signed on their behalf by:_______________________________________: Director ______________________________: DirectorGUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESCONSOLIDATED STATEMENT OF FINANCIAL POSITIONAS AT 31 DECEMBER 2020(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)