Page 94 - Demo

92 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)10. Inventories 2020 2019$ $Raw materials 4,301 8,346Machinery spares 1,977 1,519Goods in transit 22 1566,300 10,021Less: provision for obsolescence (2,286) (1,181) 4,014 8,8402020 201911. Trade and other receivables $ $Trade receivables 32,328 32,545Less: Provision for doubtful debts (7,088) (6,740) 25,240 25,805Other receivables 7,817 3,120Less: Provision for doubtful debts (765) (283) 7,052 2,837Amount due from Related parties companies (Note 21) 938 615 33,230 29,257During the year, $55 thousand of inventory previously deemed obsolete, was consumed. This amount of income (2019: $62 thousand), is included in Administrative costs.As at 31 December 2020, other receivables included a balance of $4 million due from other related parties for the sale of leasehold improvements from previously occupied rental premises.