Racing Australia Annual Report 2018

RACING AUSTRALIA ANNUAL REPORT 2018 | 67 Consolidated Entity Parent Entity 2018 $ 2017 $ 2018 $ 2017 $ 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 & databases 11,035,320 9,379,646 11,035,320 9,379,646 Less accumulated amortisation (7,937,546) (6,867,694) (7,937,546) (6,867,694) 3,097,774 2,511,952 3,097,774 2,511,952 21,071,539 20,485,717 21,071,539 20,485,717 Consolidated 2018 Balance at the beginning of year $ Additions at cost $ Amortisation expense $ Carrying amount at the end of year $ Australian Stud Book 17,973,765 - - 17,973,765 Computer software & databases 2,511,952 1,655,674 (1,069,852) 3,097,774 20,485,717 1,655,674 (1,069,852) 20,071,539 Parent 2018 Balance at the beginning of year $ Additions at cost $ Amortisation expense $ Carrying amount at the end of year $ Australian Stud Book 17,973,765 - - 17,973,765 Computer software & databases 2,511,952 1,655,674 (1,069,852) 3,097,774 20,485,717 1,655,674 (1,069,852) 20,071,539 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018