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56 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITIONAS AT 31 DECEMBER 2023(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)31 DecemberNotes 2023 2022$ $Equity and liabilitiesEquityStated capital 14 27,288 27,288Treasury shares 14 (1,554) (1,554)Other reserve 14 113 167Retained earnings 215,432 228,263 241,279 254,164Non%u2013current liabilitiesLease liabilities 7 3,118 6,996Employee benefits obligation 8 5,451 5,737Deferred tax liabilities 9 40,459 41,579 49,028 54,312Current liabilitiesCurrent portion of lease liabilities 7 4,097 3,773Trade and other payables 15 20,849 22,255Taxation payable %u2013 1 24,946 26,029TOTAL EQUITY AND LIABILITIES 315,253 334,505The accompanying notes form an integral part of these consolidated financial statements.These consolidated financial statements were authorised for issue by the Board of Directors on the 11 March 2024, and signed on their behalf by:__________________________________ : Director __________________________________ : Director