25. INVESTMENT IN SUBSIDIARIES
The Trust has the following investment in subsidiaries:
ITF Limited (ITF Limited also operates a branch office in Basel, Switzerland)
ITF Licensing (UK) Limited
Roehampton Investments Limited
Wholly owned subsidiary of ITF Licensing (UK) Limited:
Hopman Cup Pty Limited
26. INVENTORIES
Finished goods
Inventories recognised as an expense during the year ended 31 December 2018 amounted to $583,000 (2017: $341,000).
27. TRADE AND OTHER RECEIVABLES
Trade receivables
Other receivables
Prepayments and accrued income
28. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (FVPL)
Investments
Bonds
Equi es
Other investment assets
Cash deposits
Investments - Olympics
Bonds
Short term investments
31 December
31 December
31 December
31 March
100%
100%
100%
100%
Bahamas
UK
Bahamas
Australia
Ordinary
Ordinary
Ordinary
Ordinary
Country of
Incorpora on
Class of
shares held
Year-end
repor ng date
Ownership
Notes
(Forming part of the financial statements)
2018
$000
2017
$000
314 389
2018
$000
2017
$000
8,453
1,881
2,370
12,704
12,866
1,546
2,169
16,581
2018
$000
2017
$000
4,692
27,353
15,165
69
47,279
9,389
3,612
13,001
60,280
2,892
35,746
657
10,557
49,852
14,861
3,924
18,785
68,637
ITF ANNUAL REPORT AND FINANCIAL STATEMENTS / 28
