RACING AUSTRALIA ANNUAL REPORT 2022 1 CONTENTS VISION • To be Australia’s favourite sport • To conduct the world’s best races • To be the world’s leading Thoroughbred Racing Industry CORE FUNCTIONS • National Rules • National Integrity • National and International Advocacy • National Coordination • National Research and Analysis • Identify and Maximise Best Practice • National Efficiency/Back Office • Recognise and reward excellence in the industry • Communicate our role • Seek to identify emerging issues including Animal Welfare and provide leadership via a common policy approach including minimum standards CORE OBJECTIVE • Leverage existing assets further and identify new commercial opportunities Inside Cover: No Compromise winner of the Group 3 Queen’s Cup, held on 2022 Golden Slipper Day, March 19, at Rosehill Gardens. (Photo courtesy of www.bradleyphotos.com.au). Cover images: Main: Photo courtesy of Racing Photos. Lower Left: Photo courtesy of Rosemont Stud. Lower Right: Yarraman Park Stud. Board of Directors 2 About Racing Australia 4 Our Shareholders 5 Chief Executive Officer’s Report 6 Owner and Breeder Services Report 8 Equine Genetics Research Centre Report 10 Welfare And Traceability Report 12 Operations And Service Standards 14 Events – Stud And Stable Staff Awards 18 Events – Australian Racehorse of the Year Awards 20 Financial Report Directors’ Report 25 Auditor’s Independence Declaration 29 Statement of Profit or Loss and Other Comprehensive Income 30 Statement of Financial Position 31 Statement of Changes of Equity 32 Statement of Cash Flows 33 Notes to the Financial Statements 34 Director’s Declaration 46 Independent Auditor’s Report 47
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