Page 56 - 2012_Annual Report

Basic HTML Version

Saskatchewan Indian Gaming Authority Inc.
Notes to the Financial Statements
year ended March 31, 2012
54
13. UNCOMMITTED NET PROCEEDS OF TABLE OPERATIONS
The Casino Operating Agreement provides for SIGA to use any net income from the operation of licensed table games for charitable
or religious objects or purposes. Distributions of funds were made during the year as follows:
March 31,
March 31,
2012
2011
Balance, beginning of year
$
– $
Net loss from table operations (Note 22)
(3,031,979)
(4,248,236)
(3,031,979)
(4,248,236)
Net loss from table operations allocated to slot operations
3,031,979
4,248,236
Amounts disbursed
Balance, end of year
$
– $
14. REVENUE
2012
2011
Gaming
$ 244,162,453 $ 232,085,710
Ancillary
23,060,545
19,152,490
$ 267,222,998 $ 251,238,200
15. MATERIALS AND CONSUMABLES
March 31,
March 31,
2012
2011
Food and beverage cost of goods sold
$ 6,016,402 $ 6,172,045
Imputed goods and services tax
4,430,378
4,211,232
Building repairs and maintenance
2,130,654
1,955,491
Consulting
1,894,786
1,614,220
Accounting and internal audit services
1,631,189
1,452,247
Insurance
1,074,985
985,469
Staff benefits and recruitment
1,012,940
989,848
Postage and stationary
637,676
706,979
Software licenses and agreements
609,343
994,243
Board remuneration and travel
596,883
900,010
Legal
570,195
467,317
Miscellaneous
408,459
420,500
Telephone
375,734
365,081
Bank charges
209,803
177,309
Dues and subscriptions
199,634
114,111
$ 21,799,061 $ 21,526,102