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2007-2008 ANNUAL REPORT
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S A S K A T C H E WA N I N D I A N G A M I N G A U T H O R I T Y I N C .
Consolidated Balance Sheet
March 31, 2008, with comparative figures for 2007
2008
2007
Assets
Current assets:
Cash
$ 13,914,438
$ 6,724,442
Short-term investments
22,267,888
7,228,279
Accounts receivable
(Note 6)
3,259,036
562,897
Inventory
482,154
284,247
Prepaids
1,617,660
1,349,408
41,541,176
16,149,273
New casino projects
(Note 3)
8,745,219
38,190,739
Capital assets
(Note 7)
66,925,692
7,164,346
$ 117,212,087
$ 61,504,358
Liabilities
Current liabilities:
Due to Saskatchewan Liquor and Gaming Authority
(Note 8)
$ 37,805,428
$ 24,874,031
Accounts payable and accrued liabilities
(Note 9)
17,817,707
16,608,421
Current portion of capital lease
(Note 11)
230,645
Current portion of long-term debt
(Note 10)
2,270,288
20,021,906
58,124,068
61,504,358
Long-term debt
(Note 10)
42,725,991
Capital lease obligation
(Note 11)
16,362,028
Uncommitted net proceeds of table operations
(Note 4)
Commitments
(Note 12)
Contingencies
(Note 15)
$ 117,212,087
$ 61,504,358
See accompanying notes to the consolidated financial statements.
On behalf of the Board:
Director
Director