ITF

Note 2014 2014 2014 2013 2013 2013 $000 $000 $000 $000 $000 $000 Operating Investing Total Operating Investing Total Income Subscriptions and Authorisation Fees 3,044 - 3,044 3,009 - 3,009 Sponsorship, Competition and Television 7 40,250 - 40,250 41,117 - 41,117 Grand Slam Development Fund 1,709 - 1,709 1,631 - 1,631 Wheelchair Tennis Development Fund 109 - 109 136 - 136 Anti-Doping 1,777 - 1,777 1,543 - 1,543 Data Sales 4,251 - 4,251 2,950 - 2,950 Technical and Sundry 1,187 - 1,187 1,048 - 1,048 Olympics 6,077 - 6,077 6,076 - 6,076 Olympic Solidarity 310 - 310 318 - 318 58,714 - 58,714 57,828 - 57,828 Expenses Professional Tennis 8 31,222 - 31,222 31,202 - 31,202 Tennis Development 9 8,598 - 8,598 8,268 - 8,268 Commercial 10 2,783 - 2,783 3,055 - 3,055 Presidential & Communications 11 5,444 - 5,444 5,207 - 5,207 Science & Technical 12 2,817 - 2,817 2,991 - 2,991 Finance & Administration 13 4,313 364 4,677 4,944 332 5,276 Foreign Exchange 379 878 1,257 104 (523) (419) Depreciation 1,106 - 1,106 1,533 - 1,533 56,662 1,242 57,904 57,304 (191) 57,113 Centenary Expenses - - - 609 - 609 Total Expenses 56,662 1,242 57,904 57,913 (191) 57,722 Investment Income 19 - 1,243 1,243 - 3,648 3,648 Surplus/(Deficit) Before Financing 2,052 1 2,053 (85) 3,839 3,754 Financial Income 20 3 156 159 - 45 45 Financial Expense - - - - - - Net Financing Income 3 156 159 - 45 45 Surplus/(Deficit) Before Tax 2,055 157 2,212 (85) 3,884 3,799 Taxation 21 (320) - (320) (441) - (441) Surplus/(Deficit) After Tax 1,735 157 1,892 (526) 3,884 3,358 CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2014 ITF FINANCIAL STATEMENTS 49

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