The final declared statutory result for the 2016 financial year is a net loss of $2,622,623 (2015 – profit of $848,076).
Collingwood was also required to contribute $1,405,904 to the AFL’s equalisation pool, which included $500,000 of AFL revenue sharing.
Highlights of Collingwood’s 2016 financial year include:
– Operating profit before depreciation of $1,551,350 (2015 – $1,880,927)
– Total profit before depreciation of $1,551,350
– Total depreciation of $4,173,973 (2015 – $2,634,485)
– Total club revenue of $71,475,457 (2015 – $66,485,870)
– Membership figure of 74,819
– Collingwood’s net asset position is $35,311,042 (2015 – $37,933,665)
– 16th consecutive operating profit
