Racing Australia Annual Report 2019

52 | RACING AUSTRALIA ANNUAL REPORT 2019 Consolidated Entity Parent Entity 2019 $ 2018 $ 2019 $ 2018 $ Note 5: Inventories Microchip supplies 117 6,660 117 6,660 EGRC Consumables 118,379 65,876 118,379 65,876 Jockey Helmets 1,500,000 1,500,000 1,500,000 1,500,000 1,618,496 1,572,536 1,618,496 1,572,536 Note 6: Property, plant and equipment At cost 2,168,639 1,854,298 2,115,414 1,801,073 Less accumulated depreciation (1,558,659) (1,412,490) (1,505,434) (1,359,340) 609,980 441,808 609,980 441,733 Movements in carrying amounts Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the year is as follows: Consolidated 2019 Balance at the beginning of year $ Additions at cost $ Depreciation expense $ Carrying amount at the end of year $ Plant and equipment 441,808 314,341 (146,169) 609,980 Parent 2019 Balance at the beginning of year $ Additions at cost $ Depreciation expense $ Carrying amount at the end of year $ Plant and equipment 441,733 314,341 (146,094) 609,980 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019