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                                    GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2021 113GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2021(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)19. Dividends (continued)During the year ended 31 December 2021, dividends of 6% on preference shares (amounting to $88 thousand) were declared and paid. During the year ended 31 December 2021, the 2020 final dividend of 5 cents per ordinary share (amounting to $2,000 thousand) was declared and paid. In addition, a final dividend of 7 cents (2020: 5 cents) per ordinary share in respect of 2021 has been proposed by the Directors subsequent to the year end. In accordance with the IAS 10 %u201cEvents after the reporting period%u201d, this proposed dividend is not recognised as a liability at 31 December 2021 but will be accounted for as an appropriation of retained earnings in the year ending 31 December 2022.20. Segment informationFor management purposes, the Group%u2019s segments are organised and managed separately according to the nature of these services provided by each segment. The reportable segments are the Print and Multi-Media segments.The Print segment is mainly involved in newspaper circulation and other printing services for other publishers. The Multi-Media segment provides broadcasting services through its seven (7) radio stations as well as the live television station.PrintsegmentMulti%u2013media segment Total Total2021 2020 2021 2020 2021 2020$ $ $ $ $ $Revenue 46,966 53,720 57,747 56,914 104,713 110,634Profit before taxation 303 169 6,236 6,830 6,539 6,999Assets 172,394 164,221 169,476 155,289 341,870 319,510Liabilities 36,921 33, 088 45,125 40,441 82,046 73,529Depreciation andamortisation 9,545 10,222 4,625 5,312 14,170 15,534Capital expenditure 1,654 471 1,561 535 3,215 1,006No revenue from a single external customer or counterparty amounted to 10% or more of the Group%u2019s total revenue in 2021 or 2020. 
                                
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