Page 39 - 2012_Annual Report

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37
March 31,
March 31,
April 1,
2012
2011
2010
(Note 24)
CURRENT ASSETS
Cash and cash equivalents
$ 67,924,259 $ 54,215,189 $ 57,069,307
Short-term investments (Note 4)
252,500
252,500
252,500
Accounts receivable (Note 5)
6,268,523
1,926,309
2,105,135
Inventories (Note 6)
623,110
602,593
553,174
Prepaids
1,705,500
1,597,464
1,343,484
76,773,892
58,594,055
61,323,600
INTANGIBLE ASSETS
(Note 7)
741,736
1,224,688
1,671,987
PROPERTY AND EQUIPMENT
(Note 8)
109,275,312
119,096,361
121,853,797
$ 186,790,940 $ 178,915,104 $ 184,849,384
CURRENT LIABILITIES
Due to Saskatchewan Liquor and Gaming Authority (Note 9)
$ 60,277,788 $ 46,136,295 $ 51,274,319
Accounts payable and accrued liabilities (Note 10)
18,166,200
19,036,659
17,019,861
Current portion of long-term debt (Note 11)
5,452,622
4,970,718
5,497,985
Current portion of finance lease obligation (Note 12)
1,043,052
852,693
749,871
84,939,662
70,996,365
74,542,036
LONG-TERM DEBT
(Note 11)
57,831,301
63,249,304
67,600,587
FINANCE LEASE OBLIGATION
(Note 12)
44,019,977
44,669,435
42,706,761
INTEREST RATE SWAP LIABILITY
(Note 11)
7,636,994
5,147,896
5,492,969
194,427,934
184,063,000
190,342,353
DEFICIT RESULTING FROM UNREALIZED LOSSES
ON INTEREST RATE SWAPS
(7,636,994)
(5,147,896)
(5,492,969)
$ 186,790,940 $ 178,915,104 $ 184,849,384
COMMITMENTS AND CONTINGENCIES
(Note 23)
See accompanying notes to the financial statements
APPROVED BY THE BOARD
Director
Director
Saskatchewan Indian Gaming Authority Inc.
Statement of Financial Position
as at March 31, 2012