2.2 Financial Results 2.3  Working Capital 3.0 Management Letter 3.1 Maintenance of Accounting Records During the year under review, Statistics Botswana recorded a  deficit of P19.20 million, compared to P10.02 million in the  previous year.  Income decreased by 16% from P143.23 million in the previous  year to P120.33 million in the year under review, while on the  other hand expenditure decreased by 9% from P153.25 million in  the previous year to P139.53 million in the year under review. Statistics Botswana is mainly funded by Government grants and  in the year under review the grant was P120 million (99.73%) of  the total income, compared to P142.30 million in the previous  year.  Statistics Botswana has, for the fourth year running, recorded a  deficit which led to accumulated deficit of P28.26 million and its  current liabilities exceeded current assets by P44.44 million. This  unfavourable performance requires Government to provide financial support to safeguard the going-concern status of Statistics Botswana.  As at 31 March 2018, the working capital position of Statistics  Botswana showed current assets of P20.68 million and current  liabilities of P65.12 million, resulting in a net current liability position  of P44.44 million.  Current liabilities included provisions for gratuities and leave pay  of P6.30 million and unutilised project funds of P47.86 million.  The following were some of the significant matters raised by the  auditors and the management responses thereto:  As reported in the previous period, the auditors noted that the  organisation did not maintain adequate accounting records  during the year as indicated by the following issues identified:  194   Lease liability accrual and capital grants at year-end still had  their brought forward balances from the previous financial  year. 