ITF

ITF FINANCIAL STATEMENTS I 61 17. Pensions ITF Licensing (UK) Ltd has established a pension provision within the UK for its employees. Since 1997, contributions paid by the ITF towards the pension fund of an individual have been held in a fund specifi c to each individual, under a Group Personal Pension Scheme. Employees are not required to make any contributions to this fund, which provides benefi ts related to the value of the fund accumulated for each employee at the time of retirement. In 2015 there were no contributions outstanding at the balance sheet date (2014: $5,000). 18. Auditor's remuneration Amounts receivable by auditor and their associates in respect of: 19. Investment (loss) / income 2015 2014 $000 $000 Executive Offi cers' remuneration 2,707 2,258 Pension contributions in respect of Executive Offi cers (note 17) 177 211 2,884 2,469 2015 2014 $000 $000 Audit of these fi nancial statements 48 55 Other services relating to taxation 8 8 56 63 2015 2014 $000 $000 Income from Investments 597 660 Realised gain on disposal of investments 1,902 496 Unrealised (loss) / gain on investments (3,221 87 (722 1,243 16. Executive Offi cers' remuneration Included in the salary costs of the departments is the remuneration of the Executive Offi cers, which for the purposes of these fi nancial statements, is defi ned as the President, the Vice President and the Executive Directors. The total Executive Offi cers' remuneration is: ) ) Notes (forming part of the fi nancial statements)

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