Healthy balance sheet
PA Wellington]: The New Zealand Rugby] Football Union recorded an, excess of income over ex-1 penditure of $111,514 for thei year ended December 31, . 1979. | The figure released in the union’s 1979 annual report; iyesterday, compares with an' excess of income over ex-1 penditure figure of $143,7751
| for the previous year. ] The net surplus over expenditure from the tour by | France was $227,627 and the i net surplus from the tour by Argentina was $47,220. i The balance sheet revealed I that the union had total assets of $2,417,995 at the 'end of last year in comparison to $2,299,870 for 11978.
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Press, 10 April 1980, Page 38
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104Healthy balance sheet Press, 10 April 1980, Page 38
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