Issue link: http://itf.uberflip.com/i/1537492
22 2024 ITF Annual Report and Financial Statements Notes Notes (continued, forming part of the financial statements) 9. Professional Tennis 2024 $000 Opera ng 2024 $000 Strategic 2023 $000 Opera ng 2023 $000 Strategic Davis Cup par cipa on payments 17,038 - 23,440 - Davis Cup event expenses 33,571 - 35,369 - Billie Jean King Cup par cipa on payments - - – - Billie Jean King Cup event expenses 72 - – - Hopman Cup expenses 12 - 9 - Data sales ac vity costs 13,137 2,534 13,923 2,681 Other Professional Tennis department costs 9,833 - 8,892 - 73,663 2,534 81,633 2,681 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. 10. Tennis Development Other Tennis Development department costs include the online ITF Academy and staff costs. Expenditure on development projects in receipt of Olympic Solidarity funding is shown here 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. 2024 $000 Opera ng 2024 $000 Strategic 2023 $000 Opera ng 2023 $000 Strategic ITF Development Programme 6,631 1,166 6,578 1,244 Olympic Solidarity 347 - 327 - Development assistance grants 156 - 127 - Grand Slam Player Development Programme 2,941 - 2,699 - 10,075 1,166 9,731 1,244 Wheelchair Tennis Development Programme 111 - 380 - Other Tennis Development costs 1,180 - 1,869 - 11,366 1,166 11,980 1,244