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2022 ITF Annual Report and Financial Statements

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ITF Trust Annual Report and Financial Statements 2022 24 10. Tennis Development 2022 $000 Opera ng 2022 $000 Strategic 2021 $000 Opera ng 2021 $000 Strategic ITF Development Programme 5,370 1,441 4,257 982 Olympic Solidarity 287 - 226 - Development assistance grants 113 - 4 - Grand Slam Player Development Programme 2,653 - 1,124 - 8,423 1,441 5,611 982 Wheelchair Tennis Development Fund 44 - 1 - Wheelchair Tennis Development Programme 331 - 313 - Other Tennis Development costs 1,733 - 1,357 - 10,531 1,441 7,282 982 Other Tennis Development department costs consist of staff costs. Expenditure on development projects in receipt of Olympic Solidarity funding is shown gross. Development Strategic Ini a ve expenditure is focused on the ITF World Tennis Number project. 11. Commercial Included in the Commercial department costs are television, sponsorship, merchandising and marke ng costs. 9. Professional Tennis expenses Other Professional Tennis department costs include ITF World Tennis Tour (men's, women's, juniors), Uniqlo Wheelchair Tennis Tour, ITF Masters Tour (formerly Seniors Tour), officia ng, Olympic and Paralympic Games, ITF Beach Tennis Tour, data sales, Grand Slam Board contribu on and Interna onal Tennis Integrity Agency contribu on. Strategic spending relates to the Balanced Calendar Fund which is expenditure on grants and other ac vi es to provide a greater number of playing opportuni es at higher prize money levels for men and women compe ng on the ITF World Tennis Tour. This fund is paid using money received from the Data Sales programme. 2022 $000 Opera ng 2022 $000 Strategic 2021 $000 Opera ng 2021 $000 Strategic Davis Cup par cipa on payments 18,183 - 11,204 - Davis Cup event expenses 3,900 - 2,445 - Billie Jean King Cup par cipa on payments 15,128 - 12,602 - Billie Jean King Cup event expenses 3,248 - 4,425 - Hopman Cup expenses 87 - 31 - Data sales ac vity costs 11,143 1,249 7,034 - Other Professional Tennis department costs 8,162 - 7,729 - 59,851 1,249 45,470 - Notes (continued, forming part of the financial statements)

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