40 RACING AUSTRALIA ANNUAL REPORT 2025 Consolidated 2025 $ 2024 $ NOTE 2: REVENUE Commercial services 5,170,760 5,308,104 Trainers & Racing Service Centre 2,000,208 1,974,796 Registrar of Racehorses 2,137,738 2,167,246 Australian Stud Book 5,147,077 5,142,079 Single National System 1,080,820 1,041,202 15,536,603 15,633,427 The disaggregation of revenue from contracts with customers is as follows: Timing of revenue recognition Goods transferred at a point in time 11,817,292 11,709,669 Services transferred over time 3,719,311 3,923,758 15,536,603 15,633,427 NOTE 3: OTHER INCOME Other income 170,997 237,400 Interest income 149,194 139,156 320,191 376,556 NOTE 4: EXPENSES Surplus before income tax has been determined after: Depreciation of plant and equipment 219,879 233,463 Amortisation of computer software and databases 2,274,992 2,142,273 Amortisation of right of use assets 194,079 194,079 Total depreciation and amortisation 2,688,950 2,569,815 Impairment expense – computer software & databases - 2,355,701 Interest – other entities 95,389 122,095 Superannuation expense 839,455 799,930 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
RkJQdWJsaXNoZXIy ODA1NTI=