ITF FINANCIAL STATEMENTS I 71
32. Operating leases
Non-cancellable operating lease rentals are payable as follows:
The signifi cant lease relates to the ITF offi ces in Roehampton, UK. The lease runs until February 2023 however it includes
an unconditional tenant-only break clause at February 2018.
33. Contingencies
There were no contingencies provided for at 31 December 2015.
34. Related parties
The ITF is a member organisation and undertakes routine transactions every year with its members such as subscription income
and prize money payable for team competitions. Where the Group enters into a transaction with a member organisation which
is not routine it shall be disclosed separately in the fi nancial statements. No such transactions arose during the year.
2015 2014
$000 $000
Less than one year 522 596
Between one and fi ve years 564 1,120
1,086 1,716
Notes (forming part of the fi nancial statements)
