29
Leasehold
buildings
$000
Computers
& databases
$000
Furniture
& equipment
$000
Technical
equipment
$000
Total
$000
Cost
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
Balance at 1 January 2023 883 4,728 360 224 6,195
Addi ons - 175 32 2 209
Balance at 31 December 2023 883 4,903 392 226 6,404
Accumulated deprecia on
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
Balance at 1 January 2023 881 4,504 303 218 5,906
Charge for the year 2 142 26 2 172
Balance at 31 December 2023 883 4,646 329 220 6,078
Net book value
at 31 December 2021 69 188 47 7 311
at 31 December 2022 2 224 57 6 289
at 31 December 2023 - 257 63 6 326
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 2023 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%
ITF Annual Report and Financial Statements 2023
