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70 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESGUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITIONAS AT 31 DECEMBER 2024(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)31 DecemberNotes 2024 2023$ $Equity and liabilitiesEquityStated capital 14 27,288 27,288Treasury shares 14 (1,568) (1,554)Other reserve 14 144 113Retained earnings 203,736 215,432 229,600 241,279Non%u2013current liabilitiesLease liabilities 7 920 3,118Employee benefits obligation 8 7,085 5,451Deferred tax liabilities 9 37,593 40,459 45,598 49,028Current liabilitiesCurrent portion of lease liabilities 7 1,928 4,097Trade and other payables 15 18,249 20,849Taxation payable 4 %u2013 20,181 24,946TOTAL EQUITY AND LIABILITIES 295,379 315,253The 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 17 March 2025, and signed on their behalf by:__________________________________ : Director __________________________________ : Director