“Without a doubt we can look back on 2012 with considerable pride and satisfaction.”
He said 2012 was marked by the All Blacks winning 12 of 14 Tests, the All Blacks Sevens securing their 10th HSBC Sevens World Series title, the Chiefs becoming the first New Zealand side since 2008 to win the Investec Super Rugby title, a surge in crowds and TV audiences and a rise in player numbers.
In addition, New Zealand Rugby posted an operating surplus of $3.2 million compared to a break even budget and the first operating surplus since 2008. The organisation also restored its cash reserves to $51.9m.
Further detail is available in the 2012 Annual Report (to view the Annual Report, click here).
“New Zealand Rugby’s financial future is more secure as we worked hard to contain costs, grow revenue and restore our cash reserves,” said Eagle.
“Significantly we face the future having secured a good portion of our income through our relationships with Principal Partner adidas, SKY Television and our new Major Global Sponsor AIG.
“With adidas and now AIG New Zealand Rugby has the two most valuable rugby sponsorships in the world which testifies to the power of the black jersey.
“We not only face the future with renewed confidence, we also have a clear vision for rugby having developed a fresh strategic focus for the next four years that will guide all our efforts.
“Our Towards 2016 goals are ambitious and we make no apologies for that.” (For further detail on the Towards 2016 goals, click here)
New Zealand Rugby Chief Executive Steve Tew said the combination of on field and off field successes resulted in the organisation recording its best balanced Scoreboard result since 2005 with a score of 87/100.
The 2012 Scoreboard measures the performance of the organisation across six key areas.
“This is a very pleasing result as we were determined to back-up a very positive Rugby World Cup.
“It was driven by a winning All Blacks team, significant improvements in Community Rugby, underpinned by strong growth in player numbers and the Community Rugby Plan review, and Outstanding Competitions, which reflected increased fan interest in Tests, Investec Super Rugby and ITM Cup.”
The 2013 Scoreboard has been re-configured to reflect New Zealand Rugby’s performance in relation to the Towards 2016 goals.