NOTES
CONTINUED
33.Operating leases
Non-cancellable operating lease rentals are payable as follows:
2012
2011
$000$000
Less than one year
Between one and five years
-77
115
115677
754
The significant lease which expires in February 2013 relates to the ITF offices in Roehampton, UK.
34.Contingencies
There were no contingencies provided for at 31 December 2012.
35.Related parties
The ITF is a member organisation and undertakes routine transactions every year with its members such as subscription income
and prize money payable for team competitions. Where the Group enters into a transaction with a member organisation which is
not routine it shall be disclosed separately in the financial statements. No such transactions arose during the year.
64
ITF FINANCIAL STATEMENTS
