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Annual Report and Accounts 2022 to 2023

The Gambling Commission's 2022 to 2023 Annual Report and Accounts. For the period 1 April 2022 to 31 March 2023.

  1. Contents
  2. Financial statements
  3. Statement of cash flow for the year ended 31 March 2023

Statement of cash flow for the year ended 31 March 2023

Statement of cash flow for the year ended 31 March 2022
Descriptions Notes 31 March 2023
£ thousands
31 March 2022
£ thousands
Cash flows from operating activities
Net Operating Expenditure Statement of comprehensive net expenditure (14,815) (24,932)*
Adjustments for non-cast transactions expenditure 4c 897 1,850*
Trade and other receivables – (Increase)/Decrease in trade and other receivables 11 9,122 (9,662)
Trade and other payables – Increase/(Decrease) in trade payables 12a and 12b (14,077) 17,056
Adjustments for Corporation Tax 4b (87) (2)
Use of provisions – utilised in year 13 (138) (247)
Pension schemes (Expected Return on Assets and Interest on Liabilities are included in non-cash adjustments)
Unfunded pension scheme – payments 14 (16) (16)
Net cash inflow/(outflow) from operating activities (19,114) (15,953)
Cash flows from investing activities
Purchase of property, plant and equipment and finance lease
Additions 6 and 7 (317) (264)
Interest received 5b 457 10
Net cash inflow/(ouflow) from investing activities 140 (254)
Cash flows from financing activities
Grant-in-Aid received from the Department for Culture, Media and Sport 20 22,557 26,968
Lease liability payments 15 (857) (992)
Net cash inflow/(ouflow) from financing activities 21,700 25,976
Net increase/(decrease) in cash and cash equivalents in the period 2,726 9,796
Cash and cash equivalents at the beginning of the period 10 27,325 17,556
Cash and cash equivalents at the end of the period 10 30,051 27,325


*2021 to 2022 numbers restated; further information is included in Note 2 of the accounts, Prior period adjustments.

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Statement of financial position for the year ended 31 March 2023
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Statement of changes in taxpayers' equity for the year ended 31 March 2023
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