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Annual Report & Accounts 2005 - Notes to the Financial Statements
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The key management personnel compensations are as follows: Year ended 31 December 1 month period ended 31 December In thousands of euro 2005 2004 Post-employment benefits 35 1 Total remuneration is included in ‘‘personnel expenses’’ (see note 3): Year ended 31 December 1 month period ended 31 December In thousands of euro 2005 2004 Directors 903 16 15 Group entities Significant subsidiaries Country of incorporation Ownership interest 31 December 2005 31 December 2004 Gaming VC (Cyprus) Limited Cyprus 100% 100% Gaming VC (Jersey) Limited Jersey 100% 100% GVC Corporation BV Netherland Antilles 100% 100% GVC Corporation II BV Netherland Antilles 100% 100% 16 Accounting estimates and judgements Management discussed with the Audit Committee the development, selection and disclosure of the Group’s critical accounting policies and estimates and the application of these policies and estimates. 17 Subsequent events There have been no subsequent events between 31 December 2005 and the date of these accounts that merit inclusion.