25. Property, plant and equipment
Leasehold
buildings
Computers
and
databases
Furniture and
equipment
Technical
Equipment
Total
Cost $000 $000 $000 $000 $000
Balance at 1 January 2024 883 4,903 392 226 6,404
Additions 82 113 28 36 259
Balance at 31 December 2024 965 5,016 420 262 6,663
Balance at 1 January 2025 965 5,016 420 262 6,663
Additions - 101 5 18 124
Balance at 31 December 2025 965 5,117 425 280 6,787
Accumulated depreciation
Balance at 1 January 2024 883 4,646 329 220 6,078
Charge for the year 9 155 26 5 195
Balance at 31 December 2024 892 4,801 355 225 6,273
Balance at 1 January 2025 892 4,801 355 225 6,273
Charge for the year 27 149 31 14 221
Balance at 31 December 2025 919 4,950 386 239 6,494
Net book value
at 31 December 2023 - 257 63 6 326
at 31 December 2024 73 215 65 37 390
at 31 December 2025 46 167 39 41 293
26. Investment in subsidiaries
The Trust has the following investment in subsidiaries:
Country of
incorporation
Year-end
reporting 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%
BJKCL IP Holdings Ltd UK 31 December Ordinary 100%
BJKCL Equity Holdings Ltd UK 31 December Ordinary 100%
ITF Trust Annual Report and Consolidated Financial Statements 31
