Racing Australia Annual Report 2018

50 | RACING AUSTRALIA ANNUAL REPORT 2018 Racing Australia Limited and Controlled Entities | ACN 105 994 330 Annual Report for the Financial Year Ended 30 June 2018 51 Directors' Report 55 Auditor’s Independence Declaration 56 Statement of Profit or Loss and Other Comprehensive Income 57 Statement of Financial Position 58 Statement of Changes of Equity 59 Statement of Cash Flows 60 Notes to the Financial Statements 71 Directors’ Declaration 72 Independent Auditor’s Report Photo: Courtesy of Racing Queensland. FINANCIAL STATEMENTS