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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2022 115GUARDIAN 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)25. Risk management (continued)Credit risk (continued)The Group%u2019s credit risk exposure is geographically concentrated in Trinidad and Tobago. The Group%u2019s credit risk exposure by industry sector of its counterparties is as follows:Gross maximum exposure2022 2021$ $Trade and other receivables (Gross) 48,613 36,896Cash and short%u2013term deposits 75,991 89,841Total credit risk exposure 124,604 126,737Government and Government agencies 4,230 2,867Financial services sector 75,991 89,841Marketing sector 19,048 13,080Other 25,335 20,949 124,604 126,737Credit quality per category of financial assetThe credit quality of the balances due from the Group%u2019s various counterparties are internally determined from an assessment of each counterparty based on a combination of factors.