64 I ITF FINANCIAL STATEMENTS
INTERNATIONAL TENNIS FEDERATION • ANNUAL REPORT AND ACCOUNTS 2015
23. Investment in subsidiaries
The Trust has the following investment in subsidiaries:
24. Inventories
25. Trade and other receivables
Country of Year-end Class of Ownership
Incorporation reporting date shares held
ITF Limited (ITF Limited also operates a branch
offi ce in Basel, Switzerland) Bahamas 31 December Ordinary 100%
ITF Licensing (UK) Limited UK 31 December Ordinary 100%
Roehampton Investments Limited Bahamas 31 December Ordinary 100%
Wholly owned subsidiary of ITF Licensing (UK) Limited:
Hopman Cup Pty Limited Australia 31 March Ordinary 100%
2015 2014
$000 $000
Finished goods 204 282
2015 2014
$000 $000
Trade receivables 8,292 6,847
Other receivables 664 713
Prepayments and accrued income 2,589 3,350
11,545 10,910
Notes (forming part of the fi nancial statements)
