Page 71 - RFU Annual Report 2015/2016
P. 71
Financial Statements
69
30. Transition to FRS 102 continued
Reconciliation of Group total comprehensive income
for year ended 30 June 2015 FRS 102
UK Reclassification/
Notes GAAP Re-measurement FRS 102
(page 73) £m £m £m
Revenue
Ticket 34.7 - 34.7
Broadcasting 31.6 - 31.6
Sponsorship 27.2 - 27.2
Hospitality and catering 43.2 - 43.2
Merchandising and licensing 5.8 - 5.8
Travel 0.6 - 0.6
Hotel 6.2 - 6.2
Health and leisure 4.1 - 4.1
Rugby World Cup 2015 36.6 - 36.6
Other 17.9 - 17.9
Total revenue 207.9 - 207.9
Cost of sales (72.4) - (72.4)
Gross profit 135.5 - 135.5
Overhead expenses 2 (58.3) (0.3) (58.6)
Exceptional income 9 12.5 (14.5) (2.0)
Profit for rugby investment 89.7 (14.8) 74.9
Rugby investment
Professional rugby investment (44.3) - (44.3)
Rugby development investment (32.5) - (32.5)
Total rugby investment (76.8) - (76.8)
Operating profit/(loss) 12.9 (14.8) (1.9)
Net finance income 0.4 - 0.4
Gain on revaluation of investment properties 7 - 0.4 0.4
Profit/(loss) on ordinary activities before taxation 13.3 (14.4) (1.1)
Corporation tax charge on ordinary activities (0.9) - (0.9)
Profit/(loss) on ordinary activities after taxation 12.4 (14.4) (2.0)
Annual Report 2015/16
