NEWS ARTICLES
SARU announces profit for 2012
April 05, 2013
The South African Rugby Union (SARU) reported a group profit before taxation of R6.2 million for the year ended 31 December 2012 it was announced at the organisation’s Annual Meeting in Cape Town on Friday.

Group revenue rose to R689 million, up 15% from the 2011 level of R597 million, due mainly to an increase in income from broadcasting rights, sponsorships and home tests, which were typically depressed in the 2011 Rugby World Cup year.

That rise was offset by group operating expenditure, which increased by 20%, largely due to costs associated with the hosting of the Test match at FNB Stadium and the IRB Junior World Cup (6%), national teams (4%), development of the game (4%) and staffing costs (3%) following the operational restructuring in late 2011.

“The overall position remains reasonably healthy – despite the macroeconomic situation,” said Jurie Roux, CEO of SARU.

“However, cash reserves (R10 million), are significantly lower than those of the previous year, due partly to an increase in loans and advances to and amounts receivable from provincial unions, and partly to non-recurring capital expenditure incurred mainly on the relocation to new premises.”

Roux added that SARU had budgeted for a modest rise in revenues in 2013, although there would be a commensurate increase in expenses.

MATCH CENTRE
FIXTURES
     
RESULTS
     
Cell C Community Cup
Saturday, April 19 2014
LIVE SCORING 12:30 - Roses United vs Old Selbornians
Outeniqua Park, George
14:45 - Despatch vs Centurion
Outeniqua Park, George
Vodacom Super Rugby
15:00 - Cell C Sharks vs Toyota Cheetahs
Growthpoint KINGS PARK, Durban
Cell C Community Cup
17:00 - College Rovers vs Impala
Outeniqua Park, George
Vodacom Super Rugby
17:05 - DHL Stormers vs Lions
DHL Newlands, Cape Town
Cell C Community Cup
19:15 - Roodepoort vs Hamiltons
Outeniqua Park, George
Monday, April 21 2014
09:15 - Loser Match 45 vs Loser Match 46
Outeniqua Park, George
11:30 - Winner Match 45 vs Winner Match 46
Outeniqua Park, George
13:45 - Loser Match 47 vs Loser Match 48
Outeniqua Park, George
16:00 - Winner Match 47 vs Winner Match 48
Outeniqua Park, George

Copyright 2011 - SARU. All Rights Reserved.