Racing Australia Annual Report 2020

RACING AUSTRALIA ANNUAL REPORT 2020 | 49 Consolidated Entity Parent Entity 2020 $ 2019 $ 2020 $ 2019 $ Note 5: Inventories Current Microchip supplies 945 117 945 117 EGRC Consumables 164,361 118,379 164,361 118,379 Jockey Helmets 1,500,000 1,500,000 1,500,000 1,500,000 1,665,306 1,618,496 1,665,306 1,618,496 Note 6: Property, plant and equipment At cost 2,525,400 2,168,639 2,525,400 2,115,414 Less accumulated depreciation (1,692,183) (1,558,659) (1,692,183) (1,505,434) 833,217 609,980 833,217 609,980 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 2020 Balance at the beginning of year $ Additions at cost $ Depreciation expense $ Carrying amount at the end of year $ Plant and equipment 609,980 409,986 (186,749) 833,217 Parent 2020 Balance at the beginning of year $ Additions at cost $ Depreciation expense $ Carrying amount at the end of year $ Plant and equipment 609,980 409,986 (186,749) 833,217 Note 7: Intangibles Non - Current 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 16,080,525 14,273,798 16,080,525 14,273,798 Less accumulated amortisation (10,971,634) (9,314,850) (10,971,634) (9,314,850) 5,108,891 4,958,948 5,108,891 4,958,948 23,082,656 22,932,713 23,082,656 22,932,713 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020