Racing Australia Annual Report 2019

RACING AUSTRALIA ANNUAL REPORT 2019 | 53 Consolidated Entity Parent Entity 2019 $ 2018 $ 2019 $ 2018 $ 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 14,273,798 11,035,320 14,273,798 11,035,320 Less accumulated amortisation (9,314,850) (7,937,546) (9,314,850) (7,937,546) 4,958,948 3,097,774 4,958,948 3,097,774 22,932,713 21,071,539 22,932,713 21,071,539 Consolidated 2019 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 3,097,774 3,238,478 (1,377,304) 4,958,948 21,071,539 3,238,478 (1,377,304) 22,932,713 Parent 2019 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 3,097,774 3,238,478 (1,377,304) 4,958,948 21,071,539 3,238,478 (1,377,304) 22,932,713 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019