60 |
Racing Australia Annual Report 2015
Note
Consolidated entity
Parent entity
2015
$
2014
$
2015
$
2014
$
Revenue
Rendering of services
2(a)
11,529,861
7,652,653
11,195,344
7,603,129
Interest
2(b)
78,633
53,889
76,878
50,610
Other
2(b)
1,049,831
38,119
1,049,352
60,157
12,658,325
7,744,661
12,321,574
7,713,896
Expenses
Employee benefits expense
4,421,825
3,250,850
4,359,760
3,211,455
Occupancy costs
2(c)
187,612
159,660
187,612
159,660
Legal and consulting
386,959
265,703
375,768
253,169
Audit fees
42,200
30,800
32,000
23,300
Depreciation and amortisation 2(c)
731,538
489,518
726,544
489,282
Research and development fund
238,340
244,571
238,340
244,571
Administration
1,222,557
667,271
885,970
634,900
Finance costs
2(c)
687,687
28,977
685,626
28,171
Non repayable grants
98,862
-
98,862
-
Bad and doubtful debts
-
4,280
132,449
-
Stamp duty
733,882
-
733,882
-
AERGC operational
1,166,529
-
1,166,529
-
9,917,991
5,141,630
9,623,342
5,044,508
Surplus before income tax
expense
2,740,334
2,603,031
2,698,232
2,669,388
Income tax
-
-
-
-
Surplus after income tax
expense for the year
2,740,334
2,603,031
2,698,232
2,669,388
Other comprehensive income
for the year, net of tax
-
-
-
-
Total comprehensive income
for the year
2,740,334
2,603,031
2,698,232
2,669,388
STATEMENT OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME
For the year ended 30 June 2015
The accompanying notes form part of these financial statements.
Racing Australia Pty Ltd
| ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2015
