KwaZulu-Natal Gaming and Betting Board

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2017/18	2016/17	2015/16	2014/15	2013/14

AUDIT OUTCOME	Financially Unqualified	Clean Audit	Clean Audit	Financially Unqualified	Financially Unqualified

Current Assets	95 817	70 696	57 544	56 677	60 248
Non-Current Assets	6 176	7 472	4 316	2 562	2 297
Total Assets	101 994	78 167	61 859	59 239	62 545
Current Liabilities	32 903	32 945	27 102	28 942	23 060
Non-Current Liabilities	-	-	-	-	-
Total Liabilities	32 903	32 945	27 102	28 942	23 060
Total Net Assets	69 090	43 950	34 758	30 297	39 485

FINANCIAL PERFORMANCE
Total Revenue	90 506	66 479	59 089	65 995	59 291
Revenue from Exchange Transactions	27 310	26 088	26 557	26 719	17 410
Revenue from Non-Exchange Transactions	63 196	40 392	32 532	39 276	41 881
Total Expenditure	(66 638)	(57 202)	(54 629)	(54 311)	(49 269)
Employee Related costs	(44 951)	(41 550)	(39 140)	(36 342)	(32 158)
Surplus/(Deficit) for Year	23 867	9 277	4 461	11 685	10 022

CASH FLOW
Net Cash Flows from Operating Activities	25 419	15 504	5 646	17 953	15 695
Net Cash Flows from Investing Activities	(807)	(4 770)	(3 096)	(440)	102
Cash & Cash Equivalents at End of Year	93 371	68 760	56 838	54 288	57 576

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	1 091	-	3 018	2 559	-
Fruitless & Wasteful Expenditure	85	-	-	13	1

HUMAN RESOURCES
Posts Approved	87	80	87	101	88
Posts Filled	69	72	72	71	70

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report

Annual Reports

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.