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

18. Investment revenue Interest revenue Interest

553 919

587 692

19. Revenue from non exchange transactions - Government grants & subsidies Operating grants Department of Economic Development, Environment and Tourism

75 651 490 61 381 000

20. Revenue from Non-Exchange Transactions - Levies Levies

129 780 659 79 540 774

Disaggregation of levies Casino levies

25 956 966 18 211 347 29 507 406 19 372 004 63 310 636 34 037 856 11 005 650 7 919 566 129 780 658 79 540 773

LPM levies

Horseracing levies

Bingo levies

21. Employee related costs Basic

32 180 356 30 368 478

Medical aid - company contributions

910 097 140 450 396 062

948 075 106 502 175 909

UIF

Leave pay provision charge

Pension fund

3 226 834 3 266 870

Long-service awards

55 964

53 121

13th Cheques

1 742 091 1 758 973

Housing benefits and allowances

966 111 44 493 913 818 992 268

999 864 44 330 902 823

Danger allowance Cell phone allowance

Gratuity

- 41 568 544 38 624 945

- Included in the figure for basic salaries is an amount of R 2 175 000 which relates to the performance bonuses that have been raised by the end of the financial year. 22. Defined contribution plan Senior staff 695 300 701 845 Other staff

2 531 534 2 513 897 3 226 834 3 215 742

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