Racing Australia Annual Report 2018

RACING AUSTRALIA ANNUAL REPORT 2018 | 65 Consolidated Entity Parent Entity 2018 $ 2017 $ 2018 $ 2017 $ Note 2: Revenue and expenses Continuing operations (a) Rendering of Services Commercial Services 5,574,093 5,268,196 5,539,440 5,198,825 Trainers & Racing Service Centre 1,234,599 1,147,403 1,234,599 1,147,403 Registrar of Racehorses 1,694,120 1,525,985 1,694,120 1,525,985 Australian Stud Book 5,387,894 5,419,623 5,387,894 5,419,623 Single National System 851,186 460,724 851,186 460,724 14,741,892 13,821,931 14,707,239 13,752,560 (b) Other revenue Other income 479,039 80,466 475,494 253,086 Interest income 34,276 47,540 32,582 46,132 Total revenue 15,255,207 13,949,937 15,215,315 14,051,778 (c) Surplus before income tax has been determined after: Depreciation of plant and equipment 99,970 170,883 99,734 170,647 Amortisation of computer software and databases 1,069,852 878,662 1,069,852 878,662 Total depreciation and amortisation 1,169,822 1,049,545 1,169,586 1,049,309 Operating lease rental expense 323,738 284,038 323,738 284,038 Interest – other entities 297,039 521,596 294,530 519,473 Superannuation expense 639,368 496,483 626,165 488,995 Note 3: Trade and other receivables Trade receivables 1,838,780 1,131,380 1,838,780 1,131,380 Less provision for impairment on receivables - - - - Other receivables 429,497 295,694 481,534 492,568 2,268,277 1,427,074 2,320,314 1,623,948 Note 4: Goodwill Goodwill – RoR 1,710,801 1,710,801 1,710,801 1,710,801 Goodwill – RSB 5,031,200 5,031,200 5,031,200 5,031,200 6,742,001 6,742,001 6,742,001 6,742,001 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018