Racing Australia Annual Report 2020

34 | RACING AUSTRALIA ANNUAL REPORT 2020 Racing Australia Limited and Controlled Entities | ACN 105 994 330 Annual Report for the Financial Year Ended 30 June 2020 FINANCIAL STATEMENTS 35 Directors Report 38 Auditor’s Independence Declaration 39 Statement of Profit or Loss and Other Comprehensive Income 40 Statement of Financial Position 41 Statement of Changes in Equity 42 Statement of Cash Flows 43 Notes to the Financial Statements 53 Directors’ Declaration 54 Independent Auditor’s Report Photo: Courtesy of Racing Photos