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

28. Related parties ` Relationships Controlling entity

Limpopo Department of Economic Development, Environment and Tourism

Board Members

Mr. M. E. Tjiane - Chairperson Ms.B.L. Montjane - Deputy Chairperson Hosi/Adv. K.A Mahumani Ms. M.E Maditsi Mr. C.C Nkadimeng

Mr. S. M. Maja Mr. M.B Tema Mr. J.N. Mpjane CA(SA) RA Mr. M.R. Mudogwa

Members of key management

Mr.M.G. Makoko - Chief Executive Officer (Member of the Board) Ms.M.V. Molepo CA (SA) RA - Acting Chief Financial Officer Adv.L Ganess - Senior Manager Legal Mr.L.K Mathavhane -Senior Manager Compliance Dr.M.P Masogo - Senior Manager Law Enforcement

Related party balances Funds to surrender / surrendered

19 000 229 12 452 396

Microsoft licence Fines and penalties

13 179 155 000

-

80 000

Levies payable 2 334 732 The levies are collected by the entity on behalf of the shareholder. Fines and penalties are collected by the entity on behalf of the provincial treasury and these are paid upon completion of each financial audit. Funds to surrender consists of unspent funds for the financial year and own revenue monies which are payable upon completion of each financial audit. -

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Related party transactions Funds and levies surrendered

143 743 118 89 690 055 75 651 490 61 382 000

Grants transferred Microsoft licences

1 018 811

472 734

52

162