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Annual Report & Accounts 2006 - Notes to the Consolidated Financial Statements
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Gaming VC Annual Report 2006 Segment Reporting & Personnel Expenses . IFRIC 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds. . IFRIC 6 Liabilities arising from Participating in a Speci¢c Market ^ Waste Electrical and Electronic Equipment. . IFRIC 7 Applying the restatement Approach under IAS 29 Financial reporting in Hyperin£ationary Economies. A number of new standards, amendments to standards and interpretations are not yet effective for the year ended 31 December 2006, and have not been applied in preparing these consolidated ¢nancial statements. These include: . IFRS 7 Financial Instruments: Disclosures and the Amendment to IAS 1 Presentation of Financial Statements: Capital Disclosures require extensive disclosures about the signi¢cance of ¢nancial instruments for an entity’s ¢nancial position and performance, and qualitative and quantitative disclosures on the nature and extent of risks. IFRS 7 and amended IAS 1, which become mandatory for the Group’s 2007 consolidated ¢nancial statements. . IFRS 8 Operating Segments. . IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperin£ationary Economies. . IFRIC 8 Scope of IFRS 2 Share-based Payment. . IFRIC 9 Reassessment of Embedded Derivatives. . IFRIC 10 Interim Financial Reporting and Impairment. . IFRIC 11 IFRS 2 ^ Group and Treasury Share Transactions. . IFRIC 12 Service Concession Arrangements. The Company has not yet determined the potential effect of the new standards and interpretation not yet effective.