Limpopo Gambling Board Final

LIMPOPO GAMBLING BOARD Financial Statements for the year ended 31 March 2023 38.5 Personnel

Included under employee costs is leave provision figure amounting to R 1 578 630. This figure is included as the accounting policy of the entity is to prepare and report on its budget statement on an accrual basis. Spending was not as expected as even after e reduction during the budget adjustment. 38.6Board member expenses Board expenses has slightly over performed when compared to the budgeted amount. There were more board meetings than anticipated.

38.7Depreciation and amortisation Depreciation and amortisation has reduced when compared to budget.

38.8Operating Expenses Operating expenses for the current year have increased in comparison to the prior year as a result of the increase in the allocation of the grant and resumption of full on duties following the dissolution of the national disaster. 38.9Property plant and equipment The allocation for the current year was not used in totality as a result of delays in procurement processes. 38.10 Intangible No allocation for the current year. 39. BBBEE Performance Information on compliance with the B-BBEE Act is included in the annual report under the section titled B-BBEE Compliance Performance Information.

LIMPOPO GAMBLING BOARD 2022/23

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