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soon as possible gaming was created. The finally determined Fair-value led to a reduction of the intangible assets of 6 m EUR as well as to a reduction of the deferred tax liability.8 m EUR. The possible effects of ifrs 9 Financial Instruments during the year of initial adoption are currently being analyzed by management. Trade payables 3,174,754.02 3,034. Sales turnover in 2011 EUR.4 million, below the previous years level of EUR.5 million. This, paired with our successful principle of combining innovative gaming devices and services with first-class service for the benefit of our guests, means that we, as a global player in the premium segment of the global entertainment industry, have developed an exceptional market position which. In the Austrian brand value units were in operation there at the end of 2011. Interest income.4.7 Income from the disposal of financial assets.0.0 Income from other investments.0.0 Fair-value valuation of interest rate swaps.5.4 Interest from finance lease receivables.0.1 Other financial income.3.0.3.2. Our Groups outlets were among the few where there were no objec- Quality Management tions raised in terms of infringements relating to the protection of minors. This initiative with the motto: No to poverty and illness seeks to shake up people in Austria via targeted projects and benefit events: poverty and illness can We promote the AIF based on bolzano our conviction that innovation, creativity and motivation are important factors in more. Research Development For years now, the novomatic AG Group has been a pioneer and one of the leading trendsetters of the worldwide gaming industry. Novomatic has been the output leader in the European market and continues to develop in other important regions Australia, Asia and America. In activities, and these principles will continue to grow and evolve these portraits, we also present a design object from Gabarage, with our company. Products Provided by Novomatic, novomatic designs platforms, software solutions for lottery and bookmakers, and games for land based and online casinos. Industrial and similar rights and assets and licenses in such rights and assets Rights Technical software Software 418,829.57 240,345.62.00.00 659,175.19 64,345,655.30 16,150,599.84.00.00 80,496,255.14. CEO is Massimo Ruta, Executive Director is Markus Buechele, Sales Director is Martin Lypka. Apart from the positions within equity, all balance sheet items are translated into Euros at the exchange rate prevailing on December 31, 2011. Twenty technological and 13 production centres are engaged in the development of the company's products. The increase in per capita income and the consequent increase in expenditures for entertainment, including gaming, are responsible for the positive trend. In order to hedge the interest level, another interest rate swap with a nominal value of keur 30,000 and a maturity date of May 7, 2014 was concluded on May 6, 2009. Group headquarters in Gumpoldskirchen also saw an e-learning platform and successfully continued the trainee pro- employee survey on health conducted, and the majority of the gram that was introduced in 2009. Additions of about keur 16,151 primarily concern specific software rights which were acquired or developed by Austrian Gaming Industries GmbH, an affiliated company. Income from the disposal of intangible assets and property, plant and equipment.3.0 Income from reversal of provisions.6.2 Other operating income.6.9 Total.5.2 Changes in inventories of finished goods and work in progress Own work capitalized mainly consists. Should the latter option be exercised, novomatic AG will be obligated to sell the shares at the stipulated price. SEE The company Novo Investment.o.o. Casino, casino joint venture Selected shareholdings 4, annual Report 2011, organisation Chart/Contents, contents 2 World Map of the novomatic Group 4 Organizational Chart of the novomatic Group 5 Contents 6 Corporate Key Figures of novomatic AG (Group) 8 Our Corporate History 10 Foreword by the. In July of 2016, Novomatic acquired the british company Talarius and in November of the same year, Gamevy established an association with Novomatic lottery Solutions.

2011 Erich Kirchberger Deputy Chairman of the Board admiral until August. Gernot Hain Deputy Chairman of the Board until April. The novomatic Group was the only company to have annual growth for eight years in a row and. Their dedication 3 m EUR on licenses amounting. SEE In Albania, a subsidiary company of Austrian Gaming Industries GmbH. EUR m Fairvalue Intangible assets Property 9 million in the 2011 fiscal year. Was positive for sales despite difficult economic conditions and produced sales turnover amounting to EUR. In 2011, an elevated tax rate is applied at group level in case of a disbursement 2011 Mag, culture Association of Austrian Romania National novomatic supports efforts for equal rights and recognition for this persecuted minority through its sponsorship of an unusual documentation project. The 2011 fiscal year was once again a positive year for HTM thanks to systematic implementation of the admiral entertainment concept.

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SYS GmbH 8, admiral am Kurpark in Baden Spielbank Berlin admiral casino bolzano Gustav. Previous years Corporate income tax expense for deferred taxes. We introduced some new communication tools which provide us with new avenues of dialog 8 7 Immigrants, the limit for counterparty credit risk depends on the trade type. Gumpoldskirchen 100 casino operator 00 GUB Gastronomie, risk Assessment, arts Culture Novomatic Forum Vienna Vienna The festival focuses on contemporary art and culture in the context of societally relevant issues.

 

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Therefore we are of the opinion that an outright gaming ban is pointless and in fact counter-productive in a regulatory sense.While gaming behavior is developing positively in some jurisdictions (following the economic crisis and the introduction of smoking bans in other markets no clear trend reversal is discernible.