The Welsh Rugby Union Limited Annual Report 2015
The Welsh Rugby Union Limited Annual Report 2015 Undeb Rygbi Cymru Cyfyngedig Adroddiad Blynyddol 2015 12:50 The Purpose and Primary Objective of the WRU is to: Promote, foster, encourage, control and improve rugby football in Wales. The WRU Group’s Vision is three fold: • Take Wales to the world with our rugby • Welcome the world to Wales in our stadium • Define Wales as a nation The WRU Group’s Mission is based upon: • Leading Welsh rugby to the forefront of the global game in performance and reputation • Maximising participation, performance and enjoyment of the game at all levels • Developing grassroots rugby, supporting clubs, schools and colleges and bringing communities together • Promoting the Millennium Stadium as a unique, must play, must visit venue Our Values and Beliefs Our purpose, vision, and mission are underpinned by our values and beliefs which embrace, integrity, excellence, success, courage, family and humour. Contents Neges y Llywydd / President’s message 2 Chairman’s statement / Datganiad y Cadeirydd 6 Group Chief Executive’s summary / Crynodeb Prif Weithredwr y Gr wˆ p 10 Strategic report 22 Community rugby review 32 Elite rugby review 44 Stadium review 64 Directors’ report 68 Consolidated income statement 72 Consolidated statement of comprehensive income 73 Consolidated and Company balance sheets 74 Consolidated statement of changes in equity 75 Company statement of changes in equity 76 Consolidated statement of cash flows 77 Notes to the financial statements 78 Independent auditors’ report 99 Welsh Rugby Union governance 101 Registered office and advisors 104 Board of Directors 105 Executive Board 111 Obituaries 113 Commercial partners 116 THE WELSH RUGBY UNION LIMITED - ANNUAL REPORT 2015 1 Neges y Llywydd Dennis Gethin, Llywydd Ei Mawrhydi’r Frenhines yn cyflwyno baneri i Gatrawd y Cymry Brenhinol yn Stadiwm y Mileniwm Yn ystod y flwyddyn ddiwethaf mae rhai newidiadau rwy’n hyderus bod ganddo’r gallu a’r penderfyniad i’n sylfaenol wedi’u gwneud i’r modd y caiff rygbi yng harwain yn llwyddiannus.
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