Issue link: http://itf.uberflip.com/i/1254848
NOTES (CONT.) (FORMING PART OF THE FINANCIAL STATEMENTS) 24. Property, plant and equipment Leasehold Computers Furniture Technical Total buildings and databases and equipment equipment $000 $000 $000 $000 $000 Cost Balance at 1 January 2018 1,633 9,899 520 620 12,672 Additions 288 269 107 4 668 Foreign exchange movement - - (6) - (6) Balance at 31 December 2018 1,921 10,168 621 624 13,334 Balance at 1 January 2019 1,921 10,168 621 624 13,334 Additions 24 220 52 35 331 Disposals - - (56) - (56) Balance at 31 December 2019 1,945 10,388 617 659 13,609 Depreciation Balance at 1 January 2018 1,589 8,138 419 531 10,677 Charge for the period 26 992 39 48 1,105 Foreign exchange movement - - (5) - (5) Balance at 31 December 2018 1,615 9,130 453 579 11,777 Balance at 1 January 2019 1,615 9,130 453 579 11,777 Charge for the period 88 698 63 41 890 Depreciation on disposals - - (56) - (56) Foreign exchange movement - - 1 - 1 Balance at 31 December 2019 1,703 9,828 461 620 12,612 Net book value at 1 January 2018 44 1,761 101 89 1,995 at 31 December 2018 306 1,038 168 45 1,557 at 31 December 2019 242 560 156 39 997 25. Investment in subsidiaries The Trust has the following investment in subsidiaries: Country of Year-end Class of Ownership incorporation reporting date shares held ITF Limited (ITF Limited also operates a branch office in Basel, Switzerland) Bahamas 31 December Ordinary 100% ITF Licensing (UK) Limited UK 31 December Ordinary 100% Roehampton Investments Limited Bahamas 31 December Ordinary 100% Wholly owned subsidiary of ITF Licensing (UK) Limited: Hopman Cup Pty Limited Australia 31 March Ordinary 100% 25