Racing Australia Annual Report 2020

50 | RACING AUSTRALIA ANNUAL REPORT 2020 Consolidated Entity Parent Entity 2020 $ 2019 $ 2020 $ 2019 $ Consolidated 2020 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 4,958,948 1,806,727 (1,656,784) 5,108,891 22,932,713 1,806,727 (1,656,784) 23,082,656 Parent 2020 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 4,958,948 1,806,727 (1,656,784) 5,108,891 22,932,713 1,806,727 (1,656,784) 23,082,656 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020 Note 8: Payables Current Trade payables 269,041 301,458 269,041 301,458 Other payables 2,619,462 2,628,574 2,601,341 2,618,945 2,888,503 2,930,032 2,870,382 2,920,403 Note 9: Employee benefits Current Employee Benefits 1,240,288 1,143,222 1,240,288 1,143,222 Non - Current Employee Benefits 129,713 110,667 129,713 110,667 Note 10: Lease Liability Current Lease Liability 187,517 - 187,517 - Non - Current Lease Liability 721,987 - 721,987 - 909,504 - 909,504 -