Limpopo Gambling Board Annual Report

LIMPOPO GAMBLING BOARD Annual Financial Statements for the year ended 31 March 2022 Cash Flow Statement

2022

2021 Restated*

Note(s)

Cash flows from operating activities Receipts Other operating income

137 878 613 92 024 247 75 651 490 61 381 000 587 692 214 084 022 153 992 939 553 919

Grants

Interest income

Payments Employee costs

(39 218 374) (38 583 106) (23 905 349) (22 630 008) (143 743 118) (89 690 055) (820 489) (207 892 102) (151 723 658) 6 191 920 2 269 281 (1 025 261)

Suppliers

Funds surrendered

Board expenses

24

Net cash flows from operating activities

Cash flows from investing activities

3 4

Purchase of property, plant and equipment Purchase of other intangible assets Net cash flows from investing activities

(9 700)

(469 916) (88 466) (558 382)

-

(9 700)

Cash flows from financing activities

Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year

6 182 220 1 710 899 27 007 359 25 296 460 33 189 579 27 007 359

11

The accounting policies on pages 12 to 33 and the notes on pages 34 to 61 form an integral part of the annual financial statements.

* See Note 29

9

119