Page 44 - RFU Annual Report 2015/2016

Financial Statements
42

Balance Sheets
at 30 June 2016 Restated Restated
Group Group Parent Parent
2016 2015 2016 2015
Notes £m £m £m £m

Fixed assets
Intangible fixed assets 12 2.9 1.2 2.6 1.3
Tangible fixed assets 13 230.9 234.1 227.5 230.8
Loans to clubs 14 7.7 8.0 - -
Investments 15 8.4 7.1 98.2 96.0
Investment property 16 7.1 6.9 7.1 6.9

257.0 257.3 335.4 335.0

Current assets
Stock 17 1.1 1.1 0.8 0.7
Debtors and prepayments due within one year 18 20.6 50.8 15.4 33.1
Debtors and prepayments due after one year 18 0.2 0.2 0.2 0.2
Cash at bank and in hand 19 27.2 71.2 15.8 62.0
Deferred tax 11 4.9 6.4 4.4 5.8

54.0 129.7 36.6 101.8
Creditors
Amounts falling due within one year 20 (39.6) (181.8) (57.0) (165.3)

Net current assets/(liabilities) 14.4 (52.1) (20.4) (63.5)

Total assets less current liabilities 271.4 205.2 315.0 271.5

Creditors
Amounts falling due after one year 20 (73.2) (47.3) (72.3) (47.3)

Net assets excluding pension liability 198.2 157.9 242.7 224.2
Pension liability 27 (5.1) (3.5) (5.1) (3.5)

193.1 154.4 237.6 220.7

Debentures 23 184.8 148.2 184.8 148.2

Capital and reserves
Called up share capital 24 - - - -
Debentures reserve 26 38.1 38.1 38.1 38.1
Other reserve 26 (55.4) (54.5) - -
Profit and loss reserve 23.2 20.0 14.7 34.4

Total equity funds 5.9 3.6 52.8 72.5
Non-controlling interests 2.4 2.6 - -

Capital employed 193.1 154.4 237.6 220.7

The financial statements were approved by the Board of Directors on 28 September 2016 and signed on its behalf by:

Ian Ritchie Peter Baines Stephen Brown Bill Beaumont
Chief Executive Officer President Chief Financial Officer Chairman of the
of
BoardDirectors
Annual Report 2015/16