New Zealand Cricket has returned a $2.2 million surplus for the financial year, turning around a forecast $6.8m deficit.
Board chairwoman Diana Puketapu-Lyndon said the organisation was in sound financial order with reserves at a record $37m, supported by strong broadcasting agreements, high-value playing programmes and a solid commercial base.
The pleasing 2025 result followed an $8m surplus in 2024.
"NZC’s financial position is a strong one," Puketapu-Lyndon said.
"A small net surplus represents a significant outperformance against budget, reflecting prudent management and disciplined oversight — through what was a challenging operating environment.
"The position underlines the organisation’s stability and resilience and should provide confidence in its ability to continue investing in the game’s long-term growth and sustainability".
Former New Zealand opener, coach and selector Mark Greatbatch has been elected president of New Zealand Cricket.
Greatbatch, who played 41 tests and 84 one-day internationals for his country between 1988 and 1996, replaces Lesley Murdoch, who completed her three-year term.
On the NZC board, Sarah Beaman rotated off at the end of her three-year term and opted against re-standing. Kevin Malloy rotated off and was re-elected for a third term.
Three people who have made immense contributions to the sport have been made NZC life members.
Rebecca Rolls was an outstanding wicketkeeper-batter for the White Ferns, becoming the third New Zealand woman to play 100 ODIs.
Rolls featured in three World Cups, including New Zealand’s victory in 2000, and served on the NZC board from 2020 to 2023. She also represented New Zealand in football at two Olympic Games, and is the chief executive of the NZ Sport Integrity Commission.
Martin Snedden played 25 tests and 93 ODIs, but is arguably better known for his administration.
He was NZC chief executive from 2001 to 2007, was chairman from 2020 to 2023 and served on the ICC board twice.
Ewen Chatfield became a cult hero in 43 tests and 114 ODIs, and remarkably played 51 consecutive seasons of club cricket in Wellington. — Allied Media
