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72 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESGUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES CONSOLIDATED STATEMENT OF CHANGES IN EQUITYFOR THE YEAR ENDED 31 DECEMBER 2024(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)Stated capitalTreasury sharesOther reserveRetained earningsTotal equity$ $ $ $ $Year ended 31 December 2024Balance at 1 January 2024 27,288 (1,554) 113 215,432 241,279Loss for the year %u2013 %u2013 %u2013 (3,479) (3,479)Other comprehensive income/(loss) %u2013 %u2013 31 (8,129) (8,098)Other transfers and movements %u2013 (14) %u2013 %u2013 (14)Dividends (Note 19) %u2013 %u2013 %u2013 (88) (88)Balance at 31 December 2024 27,288 (1,568) 144 203,736 229,600Year ended 31 December 2023Balance at 1 January 2023 27,288 (1,554) 167 228,263 254,164Loss for the year %u2013 %u2013 %u2013 (8,618) (8,618)Other comprehensive loss %u2013 %u2013 (54) (2,525) (2,579)Dividends (Note 19) %u2013 %u2013 %u2013 (1,688) (1,688)Balance at 31 December 2023 27,288 (1,554) 113 215,432 241,279The accompanying notes form an integral part of these consolidated financial statements.