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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2022 117GUARDIAN 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)Liquidity riskLiquidity risk is the risk that the Group will be unable to meet its payment obligation under normal and stress circumstances. The Group monitors its liquidity risk by considering the maturity of both its financial investments and financial assets and projected cash flows from operations. Where possible the Group utilises surplus internal funds to a large extent to finance its operations and ongoing projects. However, the Group also utilises available credit facilities such as loans and other financing options where required.The table summarises the maturity of the Group%u2019s financial liabilities at 31 December based on undiscounted repayment obligations over the remaining life of those liabilities:OndemandWithinoneyear1 to 5years>5years Total31 December 2022 $ $ $ $ $Lease liabilities %u2013 3,903 7,183 %u2013 11,086Trade and other payables %u2013 22,255 %u2013 %u2013 22,255 %u2013 26,158 7,183 %u2013 33,34131 December 2021Lease liabilities %u2013 1,713 1,417 93 3,223Trade and other payables %u2013 27,319 %u2013 %u2013 27,319 %u2013 29,032 1,417 93 30,542