increase of P123.44 million in debenture interest (other income)  from P27.33 million in the previous year to P150.77 million in the  year under review. The debenture interest was paid and accrued from the JTTM (a subsidiary of Botswana Railways). The  organisation had a total comprehensive income of P76.44 million  compared to a comprehensive loss of P15.52 million in the  previous year. The improvement in the comprehensive income of  P27.81 million from net profit of P48.62 million to a net comprehensive profit of P76.43 million was mainly due to amortisation of government grant of P27.81 million. Expenditure on the other hand decreased marginally by P20.35  million (4%) from P458.61 million in the previous year to P438.27  million in the year under review.  The Group results showed a loss of P26.41 million in the year  under review, compared to a profit of P16.46 million recorded in  the previous year representing 260.5% decline in profit. The  decline in the Group’s performance was mainly attributable to a  reduction in total revenue from operations which was P420.86  million in the previous year, compared to P405.78 million in the  year under review and a decrease in Other Income from P38.38  million in the previous year to P19.70 million in the year under  review. The comprehensive income for the Group was P1.40  million for the year under review, compared to P44.06 million in  the previous year. The increase in comprehensive income was  mainly due to the amortisation of government grant of P27.81  million.  Expenditure for the group had a marginal decrease of 3% from  P498.48 million in the previous year to P482.69 million in the year  under review.  As at 31 March 2018, the working capital position of the Botswana Railways Group showed current assets of P617.38  million and current liabilities of P218.66 million, resulting in a net  current assets position of P398.71 million. The working capital  position of BR showed current assets of P549.44 million and  current liabilities of P201.77 million, resulting in a net current assets  position of P347.67 million.  The following were some of the matters I had raised and the  management responses thereto: 2.3  Working Capital 3.0 Management Letter 160 