Limpopo Gambling Board Annual Report

LIMPOPO GAMBLING BOARD Annual Financial Statements for the year ended 31 March 2022 Notes to the Annual Financial Statements

2022

2021

15. Revenue Operating revenue Interest received

1 668 579 1 500 238

553 919

587 692

Government grants & subsidies Other operating revenue

75 651 490 61 381 000 129 780 659 79 540 774 8 999 782 9 131 749 216 785 526 152 179 559 131 097 38 106

Sundry Income Annual licence fees

The amounts included in revenue arising from exchanges of goods or services are as follows: Operating revenue

1 668 579 1 500 238 587 692 2 222 498 2 087 930 553 919

Interest received

The amounts included in revenue arising from non-exchange transactions is as follows:

Taxation revenue Transfer revenue Government grants & subsidies Other operating revenue

75 651 490 61 381 000 129 780 659 79 540 774 8 999 782 9 131 749 214 563 028 150 091 629 131 097 38 106

Sundry Income Annual licence fees

16. Revenue from non-exchange - Annual Licence Fees Annual Licence Fees

8 999 782 9 131 749

The annual licence fees are paid by operators on an annual basis. These are due in the 1st of April each financial year. 17. Revenue from Exchange Transactions - Operating revenue Horse racing application fees 52 788 272 738 LPM application fees 304 432 52 501 LPM license fees 46 375 86 125 Certificate of suitability 8 798 - Bingo application fees 30 720 - Employee registration fees 864 010 700 465 Investigation fees 361 456 245 309 Casino application fees - 143 100 1 668 579 1 500 238

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