Racing Australia Annual Report 2020

52 | RACING AUSTRALIA ANNUAL REPORT 2020 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020 Note 15: Events after the reporting period The impact of the Coronavirus (COVID-19) pandemic is ongoing. While the financial impact on the entity up to 30 June 2020 has been negligible, it is not practicable to estimate the potential impact after the reporting date. The situation is dependent on measures imposed by governments at various jurisdictions in which the entity operates within. There has not been any other matter or circumstance, other than that referred to in the financial statements or notes thereto, that has arisen since the end of the financial year, that has significantly affected, or may significantly affect, the operations of the company, the results of those operations, or the state of affairs of the company in future financial years. Note 16: Contingent liabilities The Consolidated Entity had no contingent liabilities as at 30 June 2020. Note 17: Controlled Entities Subsidiary: Thoroughbred Trainers Service Centre Limited Country of incorporation: Australia Percentage owned: 100% (2018 – 100%) Related party: Australian Racing Board Limited Country of incorporation: Australia Note 18: Company details The registered office of the company is: Racing Australia Limited Level 1 Racing Centre 400 Epsom Road Flemington VIC 3031 The principal place of business is: Racing Australia Limited Level 1 Racing Centre 400 Epsom Road Flemington VIC 3031