ITF Trust Annual Report and Financial Statements 2021 32
29. Investments
2021
$000
2020
$000
Investments
Held at fair value through profit and loss
Bonds 5,578 6,640
Equi es 25,702 28,158
Other investment assets 5,010 8,423
Cash equivalents
Cash deposits 17,266 6,202
53,556 49,423
Investments – Olympics
Held at fair value through profit and loss
Bonds 3,350 -
Cash equivalents
Short-term investments 8,459 235
11,809 235
65,365 49,658
2021
$000
2020
$000
Trade payables 6,275 2,587
Other payables 88 138
Corpora on tax creditor - -
Other taxa on and social security 585 472
Accruals 14,575 3,433
Deferred income (see note 35) 24,967 18,655
46,490 25,285
30. Deriva ve financial instruments – asset
31. Security deposit – restricted cash
The ITF is in receipt of $25m in lieu of guarantees required by the licensing agreement with Kosmos Tennis. This cash is held
as a security deposit against default or termina on but in the absence of either is to be held separately and not for use within
the business. It is therefore held as restricted cash and not included within the cash flow statement.
32. Trade and other payables
2021
$000
2020
$000
Current foreign currency forwards - held for hedging - 2,068
Notes (continued, forming part of the financial statements)
