Issue link: http://itf.uberflip.com/i/1477103
ITF Trust Annual Report and Financial Statements 2021 25 10. Tennis Development expenses 2021 $000 Opera ng 2021 $000 Strategic 2020 $000 Opera ng 2020 $000 Strategic ITF Development Programme 3,573 - 3,063 - Olympic Solidarity 226 - 236 - Development assistance grants 4 - - - Grand Slam Development Fund 1,124 - 740 - Regional grants 684 - 634 - 5,611 - 4,673 - Wheelchair Tennis Development Fund 1 - 7 - Wheelchair Tennis Development Programme 313 - 214 - Other Tennis Development costs 1,357 982 1,132 1,231 7,282 982 6,026 1,231 The Grand Slam Development Fund was renamed the Grand Slam Player Development Programme from January 2022. Other Tennis Development department costs include the online ITF Academy and staff costs. Expenditure on development projects in receipt of Olympic Solidarity funding is shown here gross. Development Strategic Ini a ve expenditure is focused on the crea on of the ITF World Tennis Number project which will provide our member na ons with the means to iden fy the level of par cipa on in their na on, while also providing meaningful ra ngs to recrea onal and professional players alike. 11. Commercial expenses Included in the Commercial department costs are television, sponsorship, merchandising and marke ng costs. Prior year Strategic Ini a ve costs included the crea on of a digital video archive that can generate future revenues as well as being an important source of historical ITF footage. 12. Presiden al and Communica ons expenses Included in the Presiden al and Communica ons department costs are the ITF Conference and AGM, Board of Directors' mee ngs, regional grants, ITF World Champions Awards, ITF Cons tu on and communica ons. Prior year Strategic Ini a ve costs included crea ng a digital photo archive and comple ng the work of migra ng a significant volume of images into it. 13. Integrity, Science and Technical expenses Included in the Integrity, Science and Technical department costs are an -doping, technical, ITF Founda on and Sport Science and Medicine Commission costs as well as regula on and governance costs. The Interna onal Tennis Integrity Agency is responsible for the Tennis An -Doping Programme from January 2022. 14. Finance and Administra on expenses Included in the Finance and Administra on department are the costs of informa on and communica ons technology, insurance, legal and professional fees, premises, general administra on and movements in the provision for doub ul debts. Also included within Finance and Administra on costs are the net impairment losses of trade receivables of $6,000 (2020: $44,000). See note 36(b) for details.