Racing Australia Annual Report 2019

44 | RACING AUSTRALIA ANNUAL REPORT 2019 Consolidated Entity Parent Entity Note 2019 $ 2018 $ 2019 $ 2018 $ Issued and Share Capital Issued Capital 10,103,051 10,103,051 10,103,051 10,103,051 Closing balance 10,103,051 10,103,051 10,103,051 10,103,051 Accumulated Surplus Opening balance 18,819,652 14,459,636 18,881,032 14,434,386 Surplus 4,289,363 4,360,016 4,383,789 4,446,646 Closing balance 23,109,015 18,819,652 23,264,821 18,881,032 Total equity 33,212,066 28,922,703 33,367,872 28,984,083 The accompanying notes form part of these financial statements. STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2019