59
3.3 Amount owed by affiliated undertakings
This amount corresponds primarily to costs due by Gaming VC (Jersey) Limited, a subsidiary of the
Group Gaming VC, relating to the acquisition of intangible assets by this subsidiary.
4. CAPITAL AND RESERVES
The authorised share capital of the Company is 40,000,000 ordinary shares of c1.24 each and 30,000
redeemable shares of c1.24 each.
The authorised and not yet issued share capital of the Company is 8,864,238 ordinary shares of c1.24
each and 30,000 redeemable shares of c1.24 each.
Capital fluctuations during the period are illustrated in the table below:
Number
of ordinary Share value Total Value
shares issued EURO EURO
At December 31, 2007 31,135,762 1.24 38,608,344.88
At December 31, 2008 31,135,762 1.24 38,608,344.88
The Company has not issued any redeemable shares since incorporation.
On admission to the AIM market, a share premium of EURO 78,953,651 was recorded.
At the AGM held on 20 May 2008 in Luxembourg shareholders agreed to write down the share
premium reserve by an equal amount to the historic retained losses.
4.1. INTERIM DIVIDENDS
Based on the interim balance sheet of the Company as at October 10, 2008, the Board of Directors
paid an interim dividend of an aggregate net amount of EURO 6,227,152 on October 31, 2008
(2007: EURO 6,227,152)
5. SHARE PREMIUM ACCOUNT
The movements in the Share Premium account are shown below:
Year ended Year ended
In EURO 31 Dec 31 Dec
2008 2007
Balance at start of year 53,957,115 59,905,945
Transfer from profit and loss account (38,144,782) (5,948,830)
Balance at end of year 15,812,333 53,957,115
