Limpopo Gambling Board Final

LIMPOPO GAMBLING BOARD Financial Statements for the year ended 31 March 2023 Statement of Financial Position as at 31 March 2023

Note(s)

2023

2022 Restated*

Assets Current Assets Receivables from exchange transactions Receivables from non-exchange transactions

9

620 476 222 139

199 223 69 812

10

Cash and cash equivalents

11 25 055 451

33 189 580 33 458 615

25 898 066

Non-Current Assets Property, plant and equipment

3 2 843 044

2 314 808

Intangible assets

4

485 392

469 822

Receivables from non-exchange transactions

10

5 040

5 040

3 333 476 29 231 542

2 789 670 36 248 285

Total Assets

Liabilities Current Liabilities Operating lease liabilities

12

–

5 014 420 1 461 371 1 502 744 4 046 068 18 950 080 5 602 972 31 844

Payables from exchange transactions

6 1 290 995

Payables from non-exchange Employee benefit obligation

7 8

32 119 62 612

Staff accrual

13 3 342 865 32 17 527 679 14 6 764 073

Funds to surrender Deferred income Fines and penalties

5

101 000

155 000

29 121 343

36 764 499

Non-Current Liabilities Employee benefit obligation

8

207 784

269 288

Total Liabilities

29 329 127

37 033 787

Net Assets

(97 585) (97 585) (97 585)

(785 502) (785 500) (785 500)

Accumulated surplus Total Net Assets

LIMPOPO GAMBLING BOARD 2022/23

131