Smoke and Mirrors, Glitter and Gold – The BRC Annual Report
If you read this year’s Brisbane Racing Club Annual Report you’d think that all things were shiny and rosy. I guess they are, if you consider these things all shimmering and white: $8.4 million increase in expenses $1.9 million decrease in net assets $7.7 million increase in net liabilities $1 million less in cash $7.7 […]