Racing Australia Annual Report 2020

RACING AUSTRALIA ANNUAL REPORT 2020 | 5 35% 35% 18% 4.5% 4.5% 1% 1% 1% SHAREHOLDER BREAKDOWN % OUR SHAREHOLDERS b. adopting, administering and altering the Australian Rules of Racing and the Rules of the Australian Stud Book; c. ensuring the integrity of thoroughbred breeding in Australia including by maintaining the officially published records of thoroughbred bloodlines in Australia in the form of the Australian Stud Book complemented by the Australian Rules of Racing; d. maintaining information regarding the ownership and identity of thoroughbred racehorses for racing in Australia and for export including by acting as the Registrar of Racehorses complemented by the Australian Rules of Racing; e. to conduct an efficient low-cost operation; f. the allocation of surplus funds by way of grants, subventions, subsidies or other financial assistance to the Principal Racing Authorities in accordance with the principles of allocation set out in the Constitution for the purposes of encouraging and promoting horse racing in each of the States and Territories of Australia under the control of the various Principal Racing Authorities. Racing Australia Operations: ▪ Racing Australia is a Software and Service company building and hosting in a private cloud the Single National System for the Australian Thoroughbred Racing Industry. Every core transaction of the industry on a national basis is now powered by the Single National System; and ▪ Racing Australia is a Bureau Services company delivering over the top of the Single National System a diverse range of services which fully manage the processing and management of industry functions; and ▪ Racing Australia is a content management and licencing company via the compilation of content, provision of systems to manage the content and the Copyright Licencing and Supply of Racing and Breeding Materials content.