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Racing Australia Annual Report 2015
Consolidated entity
Parent entity
2015
$
2014
$
2015
$
2014
$
NOTE 11: LOAN CBA
Current loan CBA
2,125,000
-
2,125,000
-
Non-current loan CBA
11,271,267
-
11,271,267
-
On 17 September 2014, Racing Australia Pty Ltd (formerly RISA), purchased the assets of the Australian Stud Book
(ABN 64 358 205 057) (ASB) and all of the shares in capital of Australian Genetics Testing Pty Ltd (ABN 83 138 140
762) (AGT) for a purchase consideration of $18,000,000. The purchase was completed based on a bank loan to a
maximum value of $16,000,000. As a bank condition to secure the loan, a bank guarantee equivalent to 88% of the
loan balance was required, guaranteed by Racing NSW (35%), Racing Victoria (35%) and Racing Queensland (18%).
NOTE 12: ISSUED CAPITAL
Fully paid ordinary shares
10,103,051
10,103,051
10,103,051
10,103,051
Fully paid ordinary shares
Racing NSW
3,536,068 3,536,068 3,536,068 3,536,068
Racing Victoria Limited
3,536,068 3,536,068 3,536,068 3,536,068
Racing Queensland
1,818,548
1,818,548
1,818,548
1,818,548
Racing and Wagering Western Australia
454,637
454,637
454,637
454,637
Thoroughbred Racing SA Limited
454,637
454,637
454,637
454,637
Thoroughbred Racing NT Incorporated
101,031
101,031
101,031
101,031
Tasracing Pty Ltd
101,031
101,031
101,031
101,031
Canberra Racing Club Incorporated
101,031
101,031
101,031
101,031
10,103,051
10,103,051
10,103,051
10,103,051
The Company was incorporated on 20 August 2003. An issue of 200 ordinary shares has been made. The
Company’s name at the date of incorporation was Racing Information Services Australia Pty Ltd. The Company is
a proprietary company limited by shares.
Fully paid ordinary shares carry voting rights but no rights to dividends.
NOTE 13: SHARE CAPITAL
Investment in AGT
-
-
2
-
The Company invested in Australian Genetics Testing Pty Ltd on 17 September 2014 as part of the Australian Stud
Book asset purchase. On purchase of the assets of the Australian Stud Book, Racing Australia Pty Ltd (formerly
RISA) also purchased 2 fully paid ordinary shares in Australian Genetics Testing Pty Ltd.
NOTE 14: REMUNERATION OF AUDITORS
Auditor of the company
Auditing the financial report
42,200
30,800
32,000
23,300
42,200
30,800
32,000
23,300
NOTES TO AND FORMING PART OF
THE FINANCIAL STATEMENTS
For the year ended 30 June 2015
Racing Australia Pty Ltd
| ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2015
