RACING AUSTRALIA ANNUAL REPORT 2025 35 The accompanying notes form part of these financial statements. STATEMENT OF FINANCIAL POSITION Consolidated Entity Note 2025 $ 2024 $ CURRENT ASSETS Cash and cash equivalents 5 14,889,242 13,415,833 Trade and other receivables 6 4,950,708 2,087,572 Inventories 7 267,990 252,807 TOTAL CURRENT ASSETS 20,107,940 15,756,212 NON CURRENT ASSETS Plant and equipment 8 337,169 507,334 Right of use assets 9 268,568 462,647 Intangible assets 10 29,417,788 29,322,888 TOTAL NON CURRENT ASSETS 30,023,525 30,292,869 TOTAL ASSETS 50,131,465 46,049,081 CURRENT LIABILITIES Trade and other payables 11 5,524,994 3,544,923 Contract liabilities 12 381,515 410,697 Employee benefits 13 1,497,535 1,357,210 Lease liabilities 14 104,812 222,532 TOTAL CURRENT LIABILITIES 7,508,856 5,535,362 NON CURRENT LIABILITIES Employee benefits 13 62,570 61,149 Lease liabilities 14 201,131 299,900 TOTAL NON CURRENT LIABILITIES 263,701 361,049 TOTAL LIABILITIES 7,772,557 5,896,411 NET ASSETS 42,358,908 40,152,670 EQUITY Issued capital 15 10,103,051 10,103,051 Accumulated surplus 32,255,857 30,049,619 TOTAL EQUITY 42,358,908 40,152,670 AS AT 30 JUNE 2025
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