Limpopo Gambling Board Final

LIMPOPO GAMBLING BOARD Financial Statements for the year ended 31 March 2023 Statement of Financial Performance

Note(s)

2023

2022 Restated*

Revenue Revenue from exchange transactions Operating revenue Total revenue from exchange transactions Revenue from non-exchange transactions Transfer revenue Government grants & subsidies Interest received

17 1 774 562

1 668 579

1 042 796 2 817 358

553 919

2 222 498

18 82 652 000 19 196 035 728

75 651 490 129 780 659

Other operating revenue - levies

Service in kind rental

1 278 282 1 281 120

-

Sundry Income

131 097

Annual licence fees

16 8 722 864

8 999 782

Total revenue from non-exchange transactions

289 969 994 292 787 352

214 563 028 216 785 526

Total revenue

15

Expenditure Employee related costs Board members’ expenses Depreciation and amortisation Loss on disposal of assets

20 (44 286 440)

(41 568 544) (1 025 261) (1 360 143)

(2 701 448) (1 175 865)

(7 909)

- -

Service in kind rental Operating expenses Total expenditure Surplus for the year

(1 278 282)

21 (29 086 087)

(21 768 125) (65 722 073) 151 063 453

(78 536 031) 214 251 321

LIMPOPO GAMBLING BOARD

132