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                                    90 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2020 FINANCIALS 2020GUARDIAN 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)8. Employee benefits (continued)The sensitivity analyses above have been determined based on a method that extrapolates the impact on net defined benefit obligation as a result of reasonable changes in key assumptions occurring at the end of the reporting period.The pension plan is maintained at a significant surplus; the Group has chosen not to take any contribution holidays to ensure the continued health of the Plan in changing economic circumstances. The Group%u2019s contribution rate of 4% of pensionable salaries will continue into the foreseeable future. The Group is expected to contribute $1.2 million to its defined benefit plans and $0.4 million to its post-employment benefit plans in 2021.The weighted average duration of the defined benefit obligation at the end of the reporting period is 15 years (2019: 15 years) for the defined benefit plan and 14 years (2019: 14 years) for the postretirement medical plan.9. Deferred taxation2019(Credit)/ charge to income(Credit)/ charge to OCIForeign Exchange Difference 2020Deferred tax assetEmployee benefits obligation (1,726) (16) (41) %u2013 (1,783)Right-of-use asset %u2013 (71) %u2013 %u2013 (71)Provisions (227) 73 %u2013 %u2013 (154)Tax loss (2,780) 2,119 %u2013 (15) (676) (4,733) 2,105 (41) (15) (2,684)Deferred tax liabilitiesProperty, plant and equipment/Investment property 4,703 (1,262) %u2013 %u2013 3,441Intangible assets 827 (159) %u2013 %u2013 668Finance leases 9,181 (854) %u2013 %u2013 8,327Right-of-use asset 28 (28) %u2013 %u2013 %u2013Employee benefits asset 31,611 896 (4,798) %u2013 27,709 46,350 (1,407) (4,798) %u2013 40,145Net deferred tax charge/(credit) 698 (4,839) (15)
                                
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