79 / 86
RACING AUSTRALIA ANNUAL REPORT 2016
| 77
Consolidated entity
Parent entity
2016
$
2015
$
2016
$
2015
$
NOTE 11: ISSUED CAPITAL
Fully paid ordinary shares
10,103,051
10,103,051
10,103,051
10,103,051
Fully paid ordinary shares
Racing NSW
3,536,068 3,536,068 3,536,068 3,536,068
Racing Victoria Limited
3,536,068 3,536,068 3,536,068 3,536,068
Racing Queensland
1,818,548
1,818,548
1,818,548
1,818,548
Racing and Wagering Western Australia
454,637
454,637
454,637
454,637
Thoroughbred Racing SA Limited
454,637
454,637
454,637
454,637
Thoroughbred Racing NT Incorporated
101,031
101,031
101,031
101,031
Tasracing Pty Ltd
101,031
101,031
101,031
101,031
Canberra Racing Club Incorporated
101,031
101,031
101,031
101,031
10,103,051
10,103,051
10,103,051
10,103,051
The Company was incorporated on 20 August 2003. An issue of 200 ordinary shares has been made. The
Company's name at the date of incorporation was Racing Information Services Australia Pty Ltd. The Company
changed its name to Racing Australia Pty Ltd on 14 April 2015. On 18 September 2015, Racing Australia Pty Ltd
converted to an unlisted public company limited by shares, Racing Australia Limited. The Company is an unlisted
company limited by shares.
Fully paid ordinary shares carry voting rights but no rights to dividends.
NOTE 12: SHARE CAPITAL
Investment in AGT
-
-
2
2
The Company invested in Australian Genetics Testing Pty Ltd on 17 September 2014 as part of the Australian
Stud Book asset purchase. On purchase of the Australian Stud Book, Racing Australia also purchased 2 fully paid
ordinary shares in Australian Genetics Testing Pty Ltd.
NOTE 13: INVESTMENT
Investment in Australian Genetics Testing Pty Ltd is recognised and derecognised on trade date where the purchase
or sale of an investment is under a contract whose terms require delivery of the investment within the timeframe
established by the market concerned, and are initially measured at fair value, net of transaction costs except for
those financial assets classified as at fair value through profit or loss which are initially measured at fair value.
NOTE 14: KEY MANAGEMENT PERSONNEL COMPENSATION
The totals of remuneration paid to KMP of the
company during the year are as follows:
KMP Compensation
1,071,597
612,175
1,071,597
612,175
1,071,597
612,175 1,071,597
612,175
Racing Australia Limited
| ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2016