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2022 ITF Annual Report and Financial Statements

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Page 12 of 39

ITF Trust Annual Report and Financial Statements 2022 13 Consolidated Statement of Comprehensive Income 2022 $000 2021 $000 Total deficit for the year (2,435) (5,543) Other comprehensive loss Items that may be reclassified to profit or loss Foreign exchange transla on differences (135) (121) Loss on revalua on of cash flow hedges (1,651) (2,231) Total other comprehensive loss income for the year (1,786) (2,352) Total comprehensive loss for the year (4,221) (7,895) for the year ended 31 December 2022 2022 $000 2021 $000 Equity at start of the year 44,432 52,327 Total comprehensive loss for the year Deficit for the year (2,435) (5,543) Foreign exchange transla on differences (135) (121) Net change in fair value of cash flow hedges (1,651) (2,231) Total comprehensive loss for the year (4,221) (7,895) Equity at end of the year 40,211 44,432 The notes on pages 17 to 39 are an integral part of these consolidated financial statements. for the year ended 31 December 2022 Consolidated Statement of Changes in Equity

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