Racing Australia Annual Report 2015 - page 23

Racing Australia Annual Report 2015
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Racing Australia revenue diversification
Copyright Licence and Supply
33% ($4,127,441)
Includes Copyright Licence & Supply of racing
materials to commercial clients and race clubs
Publishing
3% ($345,542)
Includes race club pre press services and website
design and hosting
Connect
2% ($241,720)
Connect communication and send fees
TRSC
9% ($1,109,530)
Includes nomination fees
Registrar of Racehorses
13% ($1,542,590)
Includes registration and syndicate applications,
change of name, horse ID, subpoena fees
Australian Stud Book
27% ($3,353,631)
Includes live foal, non live foal, stallion returns,
declaration of service, export, import and late fees
Interest
1% ($76,878)
Includes bank interest
Other
12% ($1,524,243)
Includes SNS funding and cost recovery for the
McHugh Artificial Insemination case
7. SUMMARY
With established products and services and a team
of committed people, Racing Australia is Australia’s
leading provider of innovative low cost services to
the Racing Industry which leverages our national view
while ensuring the specific needs and branding of each
Principal Racing Authority and Race Clubs are retained
and enhanced by the services we provide.
Importantly, Racing Australia continues to commercialise
the industry’s racing materials on a national basis,
through the sale and licence of a variety of products
and services such as Fields, Form and Results to a
diverse range of print and digital publishers.
I would like to take this opportunity to thank the
Racing Australia staff across our Sydney and Melbourne
offices who embraced the merger and have continued
to demonstrate on a daily basis hard work and a
commitment to the ongoing evolution of Racing
Australia.
Having now completed the merger and a range of
significant related projects we are exploring and
developing further opportunities to help advance
the Thoroughbred Racing Industry. Our ultimate
responsibility continues to be to support our
shareholders the Principal Racing Authorities, as well
as supporting race clubs, industry participants and our
clients via the timely, accurate and innovative delivery
of Racing Australia products and services.
Myles Foreman
Operations Chief Executive Officer
Total income
$
12,321,574
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