Page 37 - 2008_2009_Annual_Report

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035
Saskatchewan Indian Gaming Authority Inc.
Balance Sheet
As at March 31, 2009
2009
2008
(Restated, See Note 18)
Current Assets
Cash
$ 20,536,371
$ 13,914,438
Short-term investments
11,813,988
22,267,888
Accounts receivable
(Note 6)
3,140,534
3,259,036
Inventory
(Note 3)
619,123
482,154
Prepaids
1,997,227
1,617,660
38,107,243
41,541,176
Capital Assets
(Note 7)
125,190,973
75,670,911
$163,298,216
$117,212,087
Current Liabilities
Due to Saskatchewan Liquor and Gaming Authority
(Note 8)
$ 33,353,951
$ 37,805,428
Accounts payable and accrued liabilities
(Note 9)
22,683,501
16,981,862
Current portion of long-term debt
(Note 10)
28,587,226
2,270,288
Current portion of capital lease
(Note 11)
600,090
230,645
85,224,768
57,288,223
Long-term debt
(Note 10)
37,027,558
42,725,991
Capital lease obligation
(Note 11)
41,045,890
16,362,028
Interest rate swap liability
(Note 4)
10,359,791
3,014,043
173,658,007
119,390,285
Commitments
(Note 12)
Contingencies
(Note 15)
Surplus (deficit) resulting from unrealized
losses of interest rate swaps
(10,359,791)
(2,178,198)
$163,298,216
$117,212,087
See accompanying notes to the financial statements.
Approved by the Board
Director
Director