Emphasis of Matter  Other Legal and Regulatory Requirements  2.2 Financial Results 2.3 Working Capital statements that are free from material misstatement, whether  due to fraud or error.  Without modifying their opinion, the auditors drew attention to  Note 28 of the consolidated and separate financial statements,  which indicated that the Commission reported a total deficit for  the year of P242 million (2016: P204 million loss). The accumulated  losses of the Commission amounted to P1, 050 million (2016: P770  million). These conditions indicated the existence of a material  uncertainty that casts significant doubt on the Group’s and  Commission’s ability to continue as a going-concern. The Commission had not complied with all financial provisions of  Section 17 of Botswana Meat Commission Act, (Cap 74:04)  which require that, taking one year with another, its revenues  should be sufficient to enable the Commission to meet the  outgoings properly chargeable to the revenue account in terms  of Section 14 of the Act.  In the year under review, the Group and the Commission recorded a loss of P238.47 million and P242.15 million before  revaluation loss on property, plant and equipment of P220.38  million and P222.28 million, compared to a loss of P222.52 million  and P204.05 million, respectively, reported in the previous year.  The expenditure for the Group declined by 6% from P1 405.89  million in the previous year to P1 315.55 million in the year under  review, while income declined by 10% from P1 183.36 million to  P1 063.98 million during the year under review.  The expenditure for the Commission declined by 6.65% from P1 360.42 million to P1 270.17 million in the year under review,  while income declined by 11% from P1 156.38 million to P1 028.02  million during the year under review.  The working capital position of the Group as at 31 December  2017 showed total current assets of P222.50 million and total  current liabilities of P487.90 million, resulting in a net current  liabilities position of P265.40 million, while that of the Commission  139 