Racing Australia Annual Report 2023

RACING AUSTRALIA ANNUAL REPORT 2023 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 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 Service Standard Performance Report 14 Racing Australia Events 20 Financial Report Directors’ Report 29 Auditor’s Independence Declaration 33 Statement of Profit or Loss and Other Comprehensive Income 34 Statement of Financial Position 35 Statement of Changes of Equity 36 Statement of Cash Flows 36 Notes to the Financial Statements 37 Director’s Declaration 49 Independent Auditor’s Report 50

RkJQdWJsaXNoZXIy ODA1NTI=