ITF

NOTES CONTINUED 16.Executive Officers' remuneration Included in the salary costs of the departments is the remuneration of the Executive Officers, which for the purposes of these financial statements, is defined as the President, the Vice President and the Executive Directors. The total Executive Officers' remuneration is: 2012 2011 $000$000 Executive Officers' Remuneration Pension contributions in respect of Executive Officers (note 17) 2,5342,304 120116 Total remuneration 2,6542,420 17.Pensions ITF Licensing (UK) Ltd has established a pension provision within the UK for its employees. Since 1997, contributions paid by the ITF towards the pension fund of an individual have been held in a fund specific to each individual, under a Group Personal Pension Scheme. Employees are not required to make any contributions to this fund, which provides benefits related to the value of the fund accumulated for each employee at the time of retirement. In 2012 there were contributions of $35,000 outstanding at the balance sheet date (2011: $36,000). 18.Auditors remuneration 2012 2011 $000$000 Amounts receivable by auditors and their associates in respect of: Audit of these financial statements 55 Other services relating to taxation 117 55 6662 19. Investment income 2012 2011 $000$000 Income from investments Realised gain on disposal of investments Unrealised gain/(loss) on investments 254 450 2,172(1,984) 54 663628 ITF FINANCIAL STATEMENTS 3,089(906)

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