Racing Australia Annual Report 2017

58 | Racing Australia Annual Report 2017 Statement of Changes of Equity For the year ended 30 June 2017 NOTE CONSOLIDATED ENTITY PARENT ENTITY 2017 $ 2016 $ 2017 $ 2016 $ 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 10,684,988 7,748,933 10,548,853 7,707,769 Surplus 3,774,648 2,936,055 3,885,533 2,841,084 Closing balance 14,459,636 10,684,988 14,434,386 10,548,853 Total equity 24,562,687 20,788,039 24,537,439 20,651,906 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 2017