Page 60 - 2007_2008_Annual_Report

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SASKATCHEWAN INDIAN GAMING AUTHORITY
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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 Statement of Gaming Operations
Year ended March 31, 2008, with comparative figures for 2007
2008
2007
Revenue
(Note 1)
:
Slot
$ 178,307,308
$ 122,151,361
Table
7,166,629
4,808,231
Ancillary operations gross profit
5,491,498
3,378,209
190,965,435
130,337,801
Less: Promotional allowance
(Note 2)
6,386,666
4,242,633
Net revenue
184,578,769
126,095,168
Expenses
(Note 1)
:
Salaries and benefits
54,881,043
38,246,660
General and administrative
(Schedule 1)
26,488,624
16,029,509
Other operating
(Schedule 2)
20,916,645
11,799,481
Advertising, promotion and sponsorships
15,525,028
8,354,943
Building repairs and maintenance
1,900,863
1,047,592
119,712,203
75,478,185
Income before the following:
64,866,566
50,616,983
Payment to Indigenous Gaming Regulators Inc.
(Note 12)
2,925,230
1,780,065
Payment to Saskatoon Prairieland Park Corporation
(Note 12)
1,670,432
Net income due to Saskatchewan Liquor and
Gaming Authority
(Notes 1 and 8)
$ 60,270,904
$ 48,836,918
See accompanying notes to the consolidated financial statements.