SPRINGBOK’S TOUR

Otago Daily Times, Issue 18540, 28 April 1922, Page 4

SPRINGBOK’S TOUR

LONG-EXPECTED BALANCE SHEET. NET PROFIT £7670. HEAVY EXPENSES ACOOtJNT. ) (Pbb United Press Association.) WELLINGTON, April 27. The long-expected balance sheet of the Springbok tour of New Zealand was presented to the annual meeting of the Council of the New Zealand Rugby Football Union this afternoon. It shows, briefly, a net profit of £7670 17s 2d The gross gate receipts amounted to some £25,000 and the net gat© receipts to £17,196. Of the matches played the following figures give the principal takings, the gross gates being given first and the net amount within parenthesis, the balance being expenses, including ground rent, advertisements, hotels, etc.: —Wanganui, £977 (£516); Taranaki, £lOl6 (£358); Wairarapa, £B9O (£591); Wellington, £2339 (£1814); West Coast, £4Ol (£239); Canterbury, £1222 (£833); South Canterbury, £775 (£481); Southland (net amount), £905; Otago and first tost, £3643 (£2079); Manawatu (net amount), £883; Auckland, £2049, and second test £4364, the expenses'of both matches being £2395, net £4018; Waikato, £798 (£550); Hawke’s Bcv. £842 (£345); Maori. £673 (£255); Nelson Combined. £503 (£376); third test, Wellington, £3807 (£3144). Amongst the items of expenditure are steamer fares of the South Arioan team. £4294; hotel and travelling expenses of the South African team in New Zealand, £2202; rail fares of visitors, £568; South Africans board and incidental expenses, £685; managerial and selectors’ expenses of N.Z.R.U., £3S9; wages and general expenses, £514; extra stands. £360. On the same sheet of accounts the N.Z.R.U. presented liabilities in the accumulated fund of £B2OB. a gain for the year of £8246, the total, with sundries. bein'* £16.497.

The assets include £10,995; G.P.O. Savings Bank deposit, inscribed stock, and certificates, £755; fares of the French tour (recoverable). £500; mortgages of various unions, £3775; proposed New South Wales tour, £709. In addition, the revenue account showed the following profits made on various matches Probables v. Possibles, £B2; North v. South Island, £212. After some discussion the balance sheet was adopted.