60 26 EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018 (b) Impairment loss Impairment losses in relation to intangible assets are included within Amortisation and impairment loss expenses in the statement of comprehensive income. 14 INTANGIBLE ASSETS 2018 2017 $ $ Software - at cost 199,190 191,990 Less accumulated amortisation - Software 109,954 - 79,144 - 89,236 112,847 RST Development - at cost 10,536 28,536 Less accumulated amortisation - RST 10,536 - 7,024 - 1 21,512 89,237 134,360 Patent and Trademark 14,673 - (a) Reconciliations Software RST Development Total Opening carrying amount 112,847 21,512 134,359 Additions 7,200 18,000 - 10,800 - Amortisation Expense 30,810 3,512 34,322 Less loss on Disposal of Asset - - - Closing Carrying amount 89,236 1 89,237 15 TRADE AND OTHER PAYABLES Current Trade creditors 155,578 202,810 Accruals 55,187 104,202 Employee super 32,175 12 GST, FBT and PAYG payable 183,770 121,439 Other creditors 150,590 275,290 577,300 703,752