Issue link: http://itf.uberflip.com/i/1503947
ITF Trust Annual Report and Financial Statements 2022 29 Leasehold buildings $000 Computers & databases $000 Furniture & equipment $000 Technical equipment $000 Total $000 Cost Balance at 1 January 2021 1,945 10,528 626 661 13,760 Addi ons - 74 3 1 78 Disposals (1,062) (6,053) (320) (440) (7,875) Balance at 31 December 2021 883 4,549 309 222 5,963 Balance at 1 January 2022 883 4,549 309 222 5.963 Addi ons - 179 51 2 232 Balance at 31 December 2022 883 4,728 360 224 6,195 Accumulated deprecia on Balance at 1 January 2021 1,793 10,236 524 640 13,193 Charge for the year 83 178 58 15 334 Deprecia on on disposals (1,062) (6,053) (320) (440) (7,875) Balance at 31 December 2021 814 4,361 262 215 5,652 Balance at 1 January 2022 814 4,361 262 215 5,652 Charge for the year 67 143 41 3 254 Balance at 31 December 2022 881 4,504 303 218 5,906 Net book value at 31 December 2020 152 292 102 21 567 at 31 December 2021 69 188 47 7 311 at 31 December 2022 2 224 57 6 289 24. Property, plant and equipment 25. Investment in subsidiaries The Trust has the following investment in subsidiaries: Investment in subsidiaries was the same for both 2021 and 2022. Country of incorpora on Year-end repor ng date Class of shares held Ownership ITF Limited (ITF Limited also operates a branch office in Basel, Switzerland) Bahamas 31 December Ordinary 100% ITF Licensing (UK) Ltd UK 31 December Ordinary 100% Roehampton Investments Ltd Bahamas 31 December Ordinary 100% Wholly owned subsidiary of ITF Licensing (UK) Ltd: Hopman Cup Pty Ltd Australia 31 March Ordinary 100%