Thoroughbred Racing South Australia Annual Report 2013

Page 39

thoroughbred racing sa limited:

Notes to the Financial Statements

2013

30 JUNE 2012

$

$

33,299,563

35,521,008

Betting Operations Contributions

9,970,118

5,434,758

Screening & International Rights

961,444

733,308

SABOIS subscriptions

361,367

396,650

Registration fees

214,863

233,436

Publications

267,498

276,331

Other

578,082

487,177

45,652,935

43,082,668

For the year ended 30 June 2013.

2. Revenue TAB Product Fees and Wagering Tax Relief

Total revenue

TAB product fees are recognised net of the SA Government tax commonly referred to as Clawback. The effect of this tax has been to reduce revenue by $2,124,844 for the year ended 30 June 2013 (2012: $2,137,726).

3. Other Income SAJC Contribution to Industry Prizemoney Government promotional grants Total other income

2,500,000

2,400,000

-

120,000

2,500,000

2,520,000

354,845

485,892

32,262

29,983

387,107

515,875

4. Financial Income Interest income Dividend income Total financial income

THOROUGHBRED RACING SA LIMITED

| 2013 ANNUAL REPORT | 39


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