Issue link: http://itf.uberflip.com/i/1477107
2021 ITF Annual Review 9 FINANCIAL OVERVIEW Investment $65.3m 91% reinvested US$ million Davis Cup by Rakuten 13.6 Davis Cup par cipa on payments to compe ng na ons § 11.2 Davis Cup event expenses 2.4 Billie Jean King Cup by BNP Paribas 17.0 Billie Jean King Cup prize money and par cipa on payments to compe ng na ons 12.6 Billie Jean King Cup event expenses 4.4 Tennis development 8.3 ITF Development Programme 3.6 Olympic Solidarity (courses and scholarships) 0.2 Grand Slam Player Development Programme (formerly Grand Slam Development Fund) 1.1 Regional Associa on administra on grants 0.7 Wheelchair Tennis Development Programme 0.3 ITF World Tennis Number 1.0 Other tennis development costs 1.4 Tours and Player Pathway: costs to run ITF World Tennis Tour, junior team compe ons, UNIQLO Wheelchair Tennis Tour, Seniors tennis, Beach tennis 7.7 Integrity, Science and Technical 7.1 Data sales: share of revenues paid to na ons, implementa on costs 7.0 Commercial 2.3 Communica ons 2.3 $13.6m Davis Cup $17.0m Billie Jean King Cup $8.3m Tennis development $7.7m Tours and Player Pathway $7.1m Integrity, Science and Technical $7.0m Data sales $2.3m Commercial $2.3m Communica ons TOTAL INVESTMENT ∆ $65.3 MILLION Investment in tennis ∆ the chance to reap the benefits and opportuni es of increasing grassroots par cipa on and ul mately being involved on the world stage. Before 2019, par cipa on payments for the Davis Cup were only given to na ons at the higher ers of the compe on. Our partnership with Kosmos Tennis has enabled us to increase these payments and extend them to all 137 na ons involved in the compe on at all levels. In addi on, Kosmos also provide the prize money of $10 million for the Davis Cup. For Billie Jean King Cup, payments were also increased and extended to all 107 na ons in 2020/21 with the introduc on of the new Finals format. We are currently also working on securing a partnership for the Billie Jean King Cup, similar to the Kosmos set-up with the Davis Cup, as part of our commitment to ensuring equivalent prize money for men and women in the World Cup of Tennis. Income $66.6m + Reserves $5.5m ∆ Total ITF expenditure in 2021 was $76.7m § Davis Cup prize money is paid direct by Kosmos