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56

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, 2016

March 31, 2015

Balance, beginning of year

$

$

Net loss from table operations (Note 22)

(2,217,637)

(2,205,785)

(2,217,637)

(2,205,785)

Net loss from table operations allocated to slot operations

2,217,637

2,205,785

Amounts disbursed

Balance, end of year

$

$

14. REVENUE

March 31, 2016

March 31, 2015

Gaming

$ 235,995,118

$ 234,515,769

Ancillary

22,383,721

21,948,396

$ 258,378,839

$ 256,464,165

15. MATERIALS AND CONSUMABLES

March 31, 2016

March 31, 2015

Food and beverage cost of goods sold

$

7,101,731

$

6,965,920

Imputed goods and services tax

3,382,598

3,563,053

Building repairs and maintenance

2,270,333

2,359,913

Staff benefits and recruitment

1,263,240

1,353,197

Insurance

1,169,174

1,201,912

Software licences and agreements

945,824

842,294

Consulting

758,143

746,512

Postage and stationery

698,261

642,064

Telephone

625,987

583,407

Accounting and internal audit services

617,888

752,534

Board remuneration and travel

495,868

484,041

Bank charges

385,047

369,056

Legal

346,136

409,395

Miscellaneous

341,170

368,852

Dues and subscriptions

84,785

146,857

$ 20,486,185

$

20,789,007

NOTES TO THE FINANCIAL STATEMENTS

Year Ended March 31, 2016