Racing Australia Annual Report 2017

Racing Australia Annual Report 2017 | 69 CONSOLIDATED ENTITY PARENT ENTITY 2017 $ 2016 $ 2017 $ 2016 $ NOTE 7: INTANGIBLES Australian Stud Book 17,973,765 17,973,765 17,973,765 17,973,765 17,973,765 17,973,765 17,973,765 17,973,765 Computer software and databases 9,379,646 8,059,750 9,379,646 8,059,750 Less accumulated amortisation (6,867,694) (5,989,032) (6,867,694) (5,989,032) 2,511,952 2,070,718 2,511,952 2,070,718 20,485,717 20,044,483 20,485,717 20,044,483 Balance at the beginning of year $ Additions at cost $ Amortisation expense $ Carrying amount at the end of year $ Consolidated 2017 Australian Stud Book 17,973,765 - - 17,973,765 Computer software and databases 2,070,718 1,319,896 (878,662) 2,511,952 20,044,483 1,319,896 (878,662) 20,485,717 Parent 2017 Australian Stud Book 17,973,765 - - 17,973,765 Computer software and databases 2,070,718 1,319,896 (878,662) 2,511,952 20,044,483 1,319,896 (878,662) 20,485,717 Racing Australia Limited | ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2017