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142 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)Year ended 31 December 2023 TT US Total$ $ $ASSETSCash and short term%u2013deposits 76,026 1,798 77,824Investment securities 4,511 %u2013 4,511Trade and other receivables 27,045 %u2013 27,045 107,582 1,798 109,380LIABILITIESLease liabilities 7,215 %u2013 7,215Trade and other payables 20,304 545 20,849 27,519 545 28,064Net currency risk exposure 1,25325. Risk management (continued)Currency risk (continued)Credit riskThe Group considers its credit risk with trade debtors to be limited due to the large number of customers comprising the Group%u2019s customer base. The Group grants credit based on evaluations of its customers%u2019 financial situation, and continually monitors the exposure of potential losses from granting credit. The maximum exposure is equal to the carrying amount of trade and other receivables.With respect to credit risk arising from other financial assets which primarily comprises of cash and short term-deposits, the exposure to credit risk arises from default of the counter party. These deposits are placed with highly rated local financial institutions.