Racing Australia Annual Report 2019

RACING AUSTRALIA ANNUAL REPORT 2019 | 51 Consolidated Entity Parent Entity 2019 $ 2018 $ 2019 $ 2018 $ Note 2: Revenue and expenses Continuing operations (a) Rendering of Services Commercial Services 5,326,318 5,574,093 5,299,707 5,539,440 Trainers & Racing Service Centre 1,345,185 1,234,599 1,345,185 1,234,599 Registrar of Racehorses 1,923,247 1,694,120 1,923,247 1,694,120 Australian Stud Book 5,599,213 5,387,894 5,599,213 5,387,894 Single National System 894,488 851,186 894,488 851,186 15,088,451 14,741,892 15,061,840 14,707,239 (b) Other revenue Other income 657,927 479,039 657,927 475,494 Interest income 20,130 34,276 19,842 32,582 Total revenue 15,766,508 15,255,207 15,739,609 15,215,315 (c) Surplus before income tax has been determined after: Depreciation of plant and equipment 146,169 99,970 146,094 99,734 Amortisation of computer software and databases 1,377,304 1,069,852 1,377,304 1,069,852 Total depreciation and amortisation 1,523,473 1,169,822 1,523,398 1,169,586 Operating lease rental expense 359,205 323,738 359,205 323,738 Interest – other entities 196,909 297,039 193,939 294,530 Superannuation expense 722,590 639,368 708,416 626,165 Note 3: Trade and other receivables Trade receivables 1,469,983 1,838,780 1,469,983 1,838,780 Less provision for impairment on receivables - - - - Other receivables 539,100 429,497 711,617 481,534 2,009,083 2,268,277 2,181,600 2,320,314 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 2019