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ANNUAL REPORT 2024 143GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2024(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 exposure2024 2023$ $Trade and other receivables (Gross) 35,795 34,388Cash and short%u2013term deposits 75,772 77,824Total credit risk exposure 111,567 112,212Government and Government agencies 4,334 4,317Financial services sector 75,772 77,824Marketing sector 7,635 9,162Other 23,826 20,909 111,567 112,212Credit 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.