RACING AUSTRALIA ANNUAL REPORT 2024 49 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Consolidated 2024 $ 2023 $ 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 (Loss)/Surplus after income tax expense (306,666) 2,169,633 Total comprehensive (loss)/surplus (306,666) 2,169,633 Statement of financial position Total current assets 15,771,497 14,103,819 Total assets 46,064,366 46,507,977 Total current liabilities 5,523,711 5,793,465 Total liabilities 5,884,760 6,021,702 Equity Issued capital 10,103,051 10,103,051 Retained surplus 30,076,555 30,383,224 Total equity 40,179,606 40,486,275
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