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112 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2021 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2021(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)2021 202017. Finance costs $ $Interest in lease liabilities 264 612Other interest and finance costs 442 398 706 1,01019. Dividends6% cumulative participating preference shares%u2013 final 2020 %u2013 3% (2019: 2%) 44 29%u2013 interim 2021 %u2013 3% (2020: 3%) 44 4488 73Final ordinary shares dividend for 2020: 5c %u2013 paid (2019: nil) 2,000 %u2013 2,088 7318. Taxationa. Taxation expense %u2013 Prior year 6 42Other levies 345 358Corporation tax 2,936 1,208Deferred taxation (Note 9) (950) 698 2,337 2,306b. Reconciliation of tax expense and product ofaccounting profit multiplied by the applicabletax rate:Profit before taxation 6,539 6,999Income taxes calculated at statutory rates 1,956 2,099Tax exempt income (164) (164)Prior year under accrual 6 42Other levies 345 358Other permanent differences 194 (29) 2,337 2,306