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2024 ITF Annual Report & Financial Statements

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29 28. Leases The balance sheet shows the following amounts rela ng to leases: In 2024, deprecia on of right-of-use assets of $0 (2023: $90,200) and a foreign exchange gain or loss of $0 (2023: gain or loss $2,499) was charged to the income statement. There were no addi ons to right-of-use assets during 2024 (2023: nil). Further details are provided in note 40. In 2024, interest expenses (included in finance cost) of $0 (2023: $2,000) and a foreign exchange gain or loss of $0 (2023: gain or loss $2,000) were included in the income statement. 29. Inventories Inventories recognised as an expense during the year ended 31 December 2024 amounted to $141,000 (2023: $181,000). 30. Trade and other receivables 2024 $000 2023 $000 Right-of-use assets Buildings - - 2024 $000 2023 $000 Finished goods 101 139 2024 $000 2023 $000 Lease liabili es Current - - - - 2024 $000 2023 $000 Trade receivables 29,930 36,955 Other receivables 6,517 3,592 Corpora on tax debtor 49 - Prepayments 1,747 650 Contract assets 325 15,964 38,568 57,161

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