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Annual Report & Accounts 2005 - Contents
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CONTENTS CHAIRMANíS STATEMENT 2 CHIEF EXECUTIVE REVIEW 3 INDEPENDENT AUDITORSí REPORT TO THE SHAREHOLDERS OF GAMING VC HOLDINGS SA 6 CONSOLIDATED INCOME STATEMENT 7 CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE 7 CONSOLIDATED BALANCE SHEET 8 CONSOLIDATED STATEMENT OF CASHFLOWS 9 NOTES TO THE CONSOLIDATED ACCOUNTS 10 Significant accounting policies 10 1 Segment reporting 14 2 Acquisitions of subsidiaries 14 3 Personnel expenses 15 4 Net financing costs 15 5 Income tax expense 15 6 Property, plant and equipment 16 7 Intangible assets 17 8 Trade and other receivables 18 9 Cash and cash equivalents 18 10 Capital and reserves 19 11 Earnings per share 20 12 Employee benefits 21 13 Trade and other payables 22 14 Related parties 22 15 Group entities 23 16 Accounting estimates and judgments 23 17 Subsequent events 23 DIRECTORS 24 ADVISERS 26 GAMING VC Holdings SA (Incorporated in the Grand Duchy of Luxembourg, Registered Number RC Luxembourg B 104348)