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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2022 107GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2022(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)19. Dividends (continued)During the year ended 31 December 2022, dividends of 6% on preference shares (amounting to $88 thousand) were declared and paid. During the year ended 31 December 2022, the 2021 final dividend of 7 cents per ordinary share (amounting to $2,800 thousand) was declared and paid. In addition, a final dividend of 4 cents (2021: 7 cents) per ordinary share in respect of 2022 has been proposed by the Directors subsequent to the year end. In accordance with the IAS 10 %u201cEvents after the reporting period%u201d, this proposed dividend is not recognised as a liability at 31 December 2022 but will be accounted for as an appropriation of retained earnings in the year ending 31 December 2023.20. Segment informationFor management purposes, the Group%u2019s segments are organised and managed separately according to the nature of these services provided by each segment. The reportable segments are the Print and Multi-Media segments.The Print segment is mainly involved in newspaper circulation and other printing services for other publishers. The Multi-Media segment provides broadcasting services through its seven (7) radio stations as well as the live television station.PrintsegmentMulti%u2013media segment Total Total2022 2021 2022 2021 2022 2021$ $ $ $ $ $Revenue 50,852 46,966 66,936 57,747 117,788 104,713Profit before taxation 117 303 3,766 6,236 3,883 6,539Assets 167,053 172,394 167,452 169,476 334,505 341,870Liabilities 36,153 36,921 44,188 45,125 80,341 82,046Depreciation and amortisation 10,133 9,545 4,270 4,625 14,403 14,170Capital expenditure 2,178 1,654 3,067 1,561 5,245 3,215No revenue from a single external customer or counterparty amounted to 10% or more of the Group%u2019s total revenue in 2022 or 2021.