ITF

Carrying amount 2025 $000 Fair value 2025 $000 Carrying amount 2024 $000 Fair value 2024 $000 Financial assets Held at amortised cost Cash at bank and in hand 12,168 12,168 8,861 8,861 Trade receivables 26,449 26,449 29,930 29,930 Other receivables 2,486 2,486 6,517 6,517 Cash equivalents 6,044 6,044 244 244 Held at fair value through profit or loss Investments 23,971 23,971 22,583 22,583 Derivative financial instruments – cash flow hedges 727 727 - - Total financial assets 71,845 71,845 68,135 68,135 38. Financial instruments (continued) (a) Fair values of financial instruments (continued) Carrying amount 2025 $000 Fair value 2025 $000 Carrying amount 2024 $000 Fair value 2024 $000 Financial liabilities Held at amortised cost Trade payables 19,632 19,632 7,646 7,646 Other payables - - 621 621 Provisions - - 200 200 Accruals 8,387 8,387 15,827 15,827 Lease liabilities 254 254 - - Derivative financial instruments – cash flow hedges - - (918) (918) Total financial liabilities 28,273 28,273 23,376 23,376 Recurring fair value measurements Fair value hierarchy 2025 $000 Fair value hierarchy 2024 $000 Financial assets Financial assets at fair value through profit or loss Level 1 23,971 Level 1 22,583 Hedging derivatives – foreign currency forwards Level 2 727 Level 2 - 24,698 22,583 Financial liabilities Hedging derivatives – foreign currency forwards Level 2 - Level 2 (918) There were no transfers between hierarchy levels. Level 1 - financial instruments traded in active markets – is based on quoted market prices. Level 2 – financial instruments not traded in an active market – is determined using valuation techniques maximising the use of observable market data. For the foreign currency forwards observable market data is the present value of future cash flows based on the forward exchange rates at the balance sheet date. Level 3 – if one or more significant inputs is not based on observable market data. ITF Trust Annual Report and Consolidated Financial Statements 37

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