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ANNUAL REPORT 2023 113GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2023(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)10. Inventories 2023 2022$ $Raw materials 4,010 7,131Machinery spares 3,136 2,864Goods in transit 1,912 9109,058 10,905Less: provision for obsolescence (2,240) (1,816) 6,818 9,089During the year, $142 thousand of inventory previously deemed obsolete, was consumed. This amount (2022: $397 thousand), is included in Administrative costs.2023 202211. Trade and other receivables $ $Trade receivables 28,580 42,058Less: Provision for doubtful debts (6,578) (6,885) 22,002 35,173Other receivables 4,326 5,024Less: Provision for doubtful debts (765) (765) 3,561 4,259Amount due from Related parties companies (Note 21) 1,482 1,531 27,045 40,963