48 RACING AUSTRALIA ANNUAL REPORT 2023 Consolidated 2023 $ 2022 $ NOTE 15: ISSUED CAPITAL Issued Capital 10,103,051 10,103,051 Issued Capital Racing NSW 3,536,068 3,536,068 Racing Victoria Limited 3,536,068 3,536,068 Racing Queensland 1,818,548 1,818,548 Racing & Wagering Western Australia 454,637 454,637 Racing SA Limited 454,637 454,637 Thoroughbred Racing NT Incorporated 101,031 101,031 Tasracing Pty Ltd 101,031 101,031 Canberra Racing Club Incorporated 101,031 101,031 10,103,051 10,103,051 The Company is an unlisted company limited by shares. Fully paid ordinary shares carry voting rights but no rights to dividends. NOTE 16: KEY MANAGEMENT PERSONNEL COMPENSATION The aggregate compensation made to key management personnel of the consolidated entity is set out below: Aggregate Compensation 1,377,803 1,174,958 1,377,803 1,174,958 NOTE 17: REMUNERATION OF AUDITORS During the financial year the following fees were paid or payable for services provided by the auditor of the company, its network firms and unrelated firms: Audit or review of the financial statements 50,000 47,600 NOTE 18: PARENT ENTITY INFORMATION Set out below is the supplementary information about the parent entity. Statement of profit or loss and other comprehensive income Surplus after income tax expense 2,169,633 2,124,743 Total comprehensive surplus 2,169,633 2,124,743 Statement of financial position Total current assets 14,103,819 13,812,261 Total assets 46,507,977 45,096,843 Total current liabilities 5,793,465 6,415,747 Total liabilities 6,021,702 6,780,201 Equity Issued capital 10,103,051 10,103,051 Retained surplus 30,383,224 28,213,591 Total equity 40,486,275 38,316,642 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
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