ITF

23 12. Presiden al and Communica ons Included in the Presiden al and Communica ons department costs are the ITF Conference and AGM, Board of Directors' mee ngs, Regional Associa on grants, ITF World Champions Awards, ITF Cons tu on and communica ons ac vi es. 13. Digital Included in the Digital department costs are content, channel and strategy costs. 14. Integrity, Science and Technical Included in the Integrity, Science and Technical department costs are an -doping (invoiced by the ITIA), technical, ITF Founda on and Sport Science and Medicine Commission costs as well as regula on, legal and governance costs. 15. Finance and Administra on Included in the Finance and Administra on department are the costs of informa on and communica ons technology, insurance, legal and professional fees, premises, general administra on and movements in the provision for doub ul debts. Also included within Finance and Administra on costs are the net impairment losses of trade receivables of $983,000 (2023: $72,000). See note 37(b) for details. 16. Foreign exchange loss / (gain) Foreign exchange gains represents the rise in the value of foreign currency reserves held by the ITF as either working capital to fund its opera ons or for investment purposes, or foreign exchange gains realised on transac ons completed during the year. Further details on the ITF's capital management policy are disclosed in note 37(f). 17. Staff numbers and costs The monthly average number of people employed by the group (including directors) during the year was as follows: No. of employees 2024 No. of employees 2023 Professional Tennis 52 47 Tennis Development 13 27 Commercial 10 9 Presiden al and Communica ons 15 16 Digital 15 - Integrity, Science and Technical 15 14 Finance and Administra on 29 26 149 139 Headcount figures by department for 2025 differ from those reported in 2024 as during the year there were internal movements of employees between departments to create the Digital department. Staff numbers in the year include an average of 10 ITF Development Officers (2023: 10) who work overseas with developing tennis na ons to ensure the ITF Development Programme is successfully implemented. The aggregate payroll costs of these employees were as follows: Included above, staff costs of $446,000 were capitalised in the year in rela on to so ware development (2023: $498,000). 2024 $000 2023 $000 Wages and salaries 12,141 11,956 Social security costs 1,364 1,362 Contribu ons to defined contribu on plans 924 868 14,429 14,186

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