Statement of Cash Flows
Statement of Cash Flows ($'000)
| For the Year Ended March 31, 2023 | 2023 | 2022 | |
|---|---|---|---|
|
Operating Transactions |
|||
| Annual Deficit | $ — | $ — | |
| Non-Cash Items: | |||
|
Amortization of Tangible Capital Assets |
1,942 |
1,771 |
|
|
Changes in Non-Cash Balances: |
|||
|
Increase in Accounts Payable and Accrued Liabilities |
167 |
1,282 |
|
|
Increase in Deferred Licence Revenue |
4,338 |
13,872 |
|
|
Increase (Decrease) in Other Employee Future Benefits |
631 |
(900) |
|
|
(Decrease) Increase in Security and Customer Deposits |
(403) |
3,340 |
|
|
Decrease in Accounts Receivable |
409 |
407 |
|
|
Decrease (Increase) in Due from iGaming Ontario |
5,181 |
(7,884) |
|
|
(Increase) in Prepaid Expenses |
(644) |
(51) |
|
|
(Increase) Decrease in Due from the Province |
(10,826) |
(9,360) |
|
|
Cash Provided by Operating Transactions |
795 |
2,477 |
|
|
Capital Transactions |
|||
|
Acquisition of Tangible Capital Assets |
8 |
(795) |
(2,477) |
|
Cash Applied to Capital Transactions |
(795) |
(2,477) |
|
|
Net Increase (Decrease) in cash |
— |
— |
|
|
Cash, Beginning of Year |
— |
— |
|
|
Cash, End of Year |
$ — |
$ — |
|
See accompanying notes to the financial statements.