46 RACING AUSTRALIA ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 Consolidated Entity Parent Entity 2021 $ 2020 $ 2021 $ 2020 $ NOTE 2: REVENUE AND EXPENSES Continuing operations (a) Rendering of Services Commercial services 4,856,081 5,075,988 4,846,256 5,063,462 Trainers & Racing Service Centre 1,711,035 1,585,680 1,711,035 1,585,680 Registrar of Racehorses 2,286,233 2,030,554 2,286,233 2,030,554 Australian Stud Book 5,179,212 5,132,114 5,179,212 5,132,114 Single National System 1,026,354 935,784 1,026,354 935,784 15,058,915 14,760,120 15,049,090 14,747,594 (b) Other revenue Other income 1,321,631 706,158 1,321,631 706,158 Interest income 1,840 4,973 1,840 4,855 Total revenue 16,382,386 15,471,251 16,372,561 15,458,607 (c) Surplus before income tax has been determined after: Depreciation of plant and equipment 290,485 186,749 290,485 186,749 Amortisation of computer software and databases 1,905,869 1,656,784 1,905,869 1,656,784 Amortisation of right of use assets 187,057 184,632 187,057 184,632 Total depreciation and amortisation 2,383,411 2,028,165 2,383,411 2,028,165 Interest – other entities 133,773 138,506 133,589 137,607 Superannuation expense 787,093 651,385 769,117 651,385 NOTE 3: TRADE AND OTHER RECEIVABLES Current Trade receivables 1,668,791 1,979,775 1,668,791 1,979,775 Less provision for impairment on receivables - - - - Other receivables 368,672 494,317 470,725 546,354 2,037,463 2,474,092 2,139,516 2,526,129
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