Page 39 - SIGA Annual Report 2014

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39
2014
2013
CURRENT ASSETS
Cash and cash equivalents
$ 71,637,278
$ 62,768,500
Short-term investments (Note 4)
5,282,500
252,500
Accounts receivable (Note 5)
2,400,251
4,944,394
Inventories (Note 6)
513,672
574,296
Prepaids
2,010,372
2,242,922
81,844,073
70,782,612
INTANGIBLE ASSETS
(Note 7)
31,049
275,670
PROPERTY AND EQUIPMENT
(Note 8)
95,218,522
101,728,218
$ 177,093,644
$ 172,786,500
CURRENT LIABILITIES
Due to Saskatchewan Liquor and Gaming Authority (Note 9)
$ 66,230,413
$ 54,860,290
Accounts payable and accrued liabilities (Note 10)
15,128,538
15,623,514
Current portion of long-term debt (Note 11)
5,455,333
58,282,720
Current portion of finance lease obligation (Note 12)
1,397,799
1,238,360
88,212,083
130,004,884
LONG-TERM DEBT
(Note 11)
47,497,742
FINANCE LEASE OBLIGATION
(Note 12)
41,383,819
42,781,616
INTEREST RATE SWAP LIABILITY
(Note 11)
5,203,754
7,319,250
182,297,398
180,105,750
DEFICIT RESULTING FROM UNREALIZED LOSSES ON INTEREST RATE SWAPS
(5,203,754)
(7,319,250)
$ 177,093,644
$ 172,786,500
See accompanying notes to the financial statements
APPROVED BY THE BOARD
Director
Director
STATEMENT
OF FINANCIAL
POSITION
AS AT
MARCH 31, 2014