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RACING AUSTRALIA ANNUAL REPORT 2016

STATEMENT OF CHANGES OF EQUITY

For the year ended 30 June 2016

Note

Consolidated entity

Parent entity

2016

$

2015

$

2016

$

2015

$

Issued capital

Opening balance

10,103,051

10,103,051

10,103,051

10,103,051

Share capital

-

-

2

2

Closing balance

10,103,051

10,103,051

10,103,053

10,103,053

Accumulated surplus

Opening balance

7,748,933

5,008,599

7,707,769

5,009,537

Surplus

2,936,055

2,740,334

2,841,084

2,698,232

Closing balance

10,648,988

7,748,933

10,548,853

7,707,769

Total equity

20,788,039

17,851,984 20,651,906

17,810,822

The accompanying notes form part of these financial statements.

Racing Australia Limited

| ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2016