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Annual Report & Accounts 2007 - Contents
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CONTENTS CHAIRMAN’S STATEMENT 2 CHIEF EXECUTIVE STATEMENT 3 INDEPENDENT AUDITORS’ REPORT TO THE SHAREHOLDERS OF GAMING VC HOLDINGS SA 6 CONSOLIDATED INCOME STATEMENT 8 CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE 8 CONSOLIDATED BALANCE SHEET 9 CONSOLIDATED STATEMENT OF CASHFLOWS 10 NOTES TO THE CONSOLIDATED ACCOUNTS 11 Signi˘cant accounting policies 11 1 Segment reporting 17 2 Personnel expenses 18 3 Net ˘nancing costs 18 4 Income tax expense 18 5 Property, plant and equipment 19 6 Intangible assets 20 7 Trade and other receivables 21 8 Cash and cash equivalents 21 9 Capital and reserves 22 10 Earnings per share 23 11 Employee bene˘ts 24 12 Trade and other payables 26 13 Financial Instruments 26 14 Related parties 28 15 Group entities 28 16 Accounting estimates and judgments 28 17 Subsequent events 28 DIRECTORS 29 ADVISERS 30 GAMING VC Holdings SA (Incorporated in the Grand Duchy of Luxembourg, Registered Number RC Luxembourg B 104348) 1