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128 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES GUARDIAN 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)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 exposure2023 2022$ $Trade and other receivables (Gross) 34,388 48,613Cash and short%u2013term deposits 77,824 75,991Total credit risk exposure 112,212 124,604Government and Government agencies 4,317 4,230Financial services sector 77,824 75,991Marketing sector 9,162 19,048Other 20,909 25,335 112,212 124,604Credit 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.