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41

STATEMENT OF CHANGES IN DEFICIT

Year Ended March 31, 2016

2016

2015

Deficit Resulting From Unrealized Losses On Interest Rate Swaps

Balance, beginning of year

$ (6,231,550)

$ (5,203,754)

Total comprehensive income for the year before distribution to

Saskatchewan Liquor and Gaming Authority (Note 1)

87,121,253

83,075,295

Distribution payable to Saskatchewan Liquor and Gaming Authority (Note 9)

(86,332,810)

(84,103,091)

Balance, end of year

$ (5,443,107)

$ (6,231,550)

See accompanying notes to the financial statements