Page 136 - Demo

134 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESGUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2024(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)2024 202317. Finance costs $ $Interest on lease liabilities 275 361Other interest and finance costs 299 365 574 72618. Taxationa) Other levies 939 976Corporation tax 72 60Deferred taxation (Note 9) (420) (3,020) 591 (1,984)b) Reconciliation of tax expense and product ofaccounting profit multiplied by the applicabletax rate:Loss before taxation (2,888) (10,602)Income taxes calculated at statutory rates (867) (3,197)Tax exempt income (62) (51)Non-allowable expenses and other deductions 404 68Other levies 939 976Other permanent differences 177 220 591 (1,984)%u2014 final 2023 %u2013 3% (2022: 3%) 44 44%u2014 interim 2024 %u2013 3% (2023: 3%) 44 4488 88Final ordinary shares dividend for 2023: NIL (2022: 4%u00a2) %u2013 1,600 88 1,68819. Dividends6% cumulative participating preference shares