Limpopo Gambling Board Final

LIMPOPO GAMBLING BOARD Financial Statements for the year ended 31 March 2023 15. Revenue (continued) The amount included in revenue arising from exchanges of goods or services are as follows:

2023

2022

Operating revenue Interest received

1 774 562 1 042 796 2 817 358

1 668 579

553 919

2 222 498 The amount included in revenue arising from non-exchange transactions is as follows:

Taxation revenue Transfer revenue Government grants & subsidies

82 652 000 196 035 728 1 278 282 1 281 120 8 722 864 289 969 994

75 651 490 129 780 659

Other operating revenue Service in kind rental

-

Sundry Income

131 097

Annual licence fees

8 999 782 214 563 028

16. Revenue from non-exchange – Annual Licence Fees Annual Licence Fees 8 722 864 8 999 782 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 123 172 52 788 LPM application fees 177 285 304 432 LPM license fees 86 125 46 375 Certificate of suitability - 8 798 Manufacture application 120 000 - Bingo application fees 1 840 30 720 Employee registration fees 900 345 864 010 Investigation fees 365 795 361 456 1 774 562 1 668 579 18. Revenue from non exchange transactions – Government grants & subsidies Operating grants Department of Economic Development, Environment and Tourism 82 652 000 75 651 490 19. Revenue from Non-Exchange Transactions - Levies Levies 196 035 728 129 780 659 Disaggregation of levies Casino levies 31 217 934 25 956 966 LPM levies 31 665 014 29 507 406

LIMPOPO GAMBLING BOARD 2022/23

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