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2018 ITF Trust Annual Report and Financial Statements

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9. PROFESSIONAL TENNIS Davis Cup prize money Davis Cup event expenses Fed Cup prize money Fed Cup event expenses Hopman Cup expenses Data sales ac vity costs Other Professional Tennis department costs Other Professional Tennis department costs include Men's Circuit, Women's Circuit, Junior Circuit, Wheelchair Tennis Tour, Senior Circuit, Officia ng, Olympics, Beach Tennis, data sales, Grand Slam Board contribu on and Tennis Integrity Unit contribu on. Professional Tennis strategic ini a ves include due diligence and legal costs required to reform the Davis Cup by BNP Paribas, explora ve expenses for feasibility of different format op ons for the Fed Cup, and implementa on and launch of the new ITF World Tennis Tour. 10. TENNIS DEVELOPMENT ITF Development programme Olympic Solidarity Development assistance grants Grand Slam Development Fund Regional grants Wheelchair Tennis Development Fund Other Tennis Development costs Other Tennis Development department costs include iCoach and staff costs. Expenditure on Development projects in receipt of Olympic Solidarity funding is shown here gross. Development department strategic ini a ves are for the crea on of a World Tennis Ra ng project. 11. COMMERCIAL Included in the Commercial department costs are television, sponsorship, merchandising and marke ng costs. Strategic Ini a ve costs include the streaming of junior and wheelchair events, and the crea on of a digital video archive that can generate future revenues as well as being an important historical archive of past ITF footage. - 1,547 - 172 - - 193 1,912 - 62 - - - - 126 188 12,133 3,225 3,396 1,874 31 9,068 7,364 37,091 11,759 3,324 3,297 2,061 31 8,546 6,804 35,822 2018 $000 Opera ng 2017 $000 Opera ng 2018 $000 Strategic 2017 $000 Strategic - - - - - - - 88 88 - - - - - - - - - 6,518 398 200 2,622 841 10,579 96 944 11,619 4,778 271 192 2,154 - 7,395 49 909 8,353 2018 $000 Opera ng 2017 $000 Opera ng 2018 $000 Strategic 2017 $000 Strategic ITF ANNUAL REPORT AND FINANCIAL STATEMENTS / 21 Notes (Forming part of the financial statements)

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