Page 78 - RFU Annual Report 2015/2016
P. 78

Financial Statements
                                                           76





        Two-year Summary
                                                                                                    Restated
                                                                                            2016        2015
        Summary of Group Profit and Loss                                                      £m         £m

        Revenue                                                                             407.1      207.9
        Costs                                                                              (304.8)     (133.0)

        Profit for Rugby Investment                                                         102.3       74.9

        Professional rugby investment                                                       (55.7)      (44.3)
        Rugby development investment                                                        (34.1)      (32.5)

        Operating profit/(loss)                                                              12.5        (1.9)

        Net finance (cost)/income                                                            (0.8)       0.8

        Profit/(loss) on ordinary activities before taxation                                 11.7        (1.1)
        Corporation tax (charge)/credit on ordinary activities                               (3.0)       (0.9)
        Attributable to non-controlling interests                                            (4.8)       (4.7)

        Profit/(loss) for the year                                                            3.9        (6.7)



                                                                                            2016        2015
        Summary of Group Balance Sheets                                                       £m         £m

        Fixed assets                                                                        257.0       257.3
        Cash                                                                                 27.2        71.2
        Other net current liabilities                                                       (12.8)     (123.3)
        Long term liabilities                                                               (73.2)      (47.3)
        Pension liability                                                                    (5.1)       (3.5)










































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