Annual Report 2016 Overview of Key Figures
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Annual Report 2016 Overview of Key Figures Sales Revenues Employees Consolidated Profit & Loss Statement in Million Euro Employees at year end 2016 2015 2014 2,294 23,849 in Million Euro 2,086 1,978 20,188 Revenues 2,294.1 2,086.3 1,977.6 18,293 EBITDA 588.5 616.7 647.4 EBITDA margin (EBITDA/sales) in percent 25.7 % 29.6 % 32.7 % Earnings before interest and taxes (EBIT) 264.1 315.4 363.3 EBIT margin (EBIT/sales) in percent 11.5 % 15.1 % 18.4 % Earnings before taxes 229.4 308.5 368.4 2016 2015 2014 2016 2015 2014 Consolidated annual profit after taxes 154.4 212.7 276.9 Cash flows worldwide 2015 in Million EUR 37.2 Payments to Tax payments investors 427.9 547.0 Salaries & Gesamtsumme Material & 358.6 wages 2,084 paid services Consolidated Balance Sheet Payments in Million Euro 2016 2015 2014 to suppliers 712.9 Balance Sheet Total 3,668.2 2,983.2 2,634.40 Equity 1,371.6 1,215.3 1,174.30 Equity ratio (equity capital/total assets) in percent 37.4 % 40.7 % 44.6 % Cash flows Austria 2015 in Million EUR Source: Consolidated Financial Statement as of 12/31/2015 and 12/31/2016 as per IFRS Payments to investors Tax payments 35.5 85.2 150.3 172.8 Salaries & Gesamtsumme Material & wages 667 paid services Payments to suppliers1 223.5 1 This item also includes other non-income-related taxes, fees and other duties (e.g. property taxes, vehicle taxes, rental contract fees, etc.). Organizational Chart Content NOVOMATIC Group COMPANY OVERVIEW 4 NOVOMATIC AT A GLANCE ACE Casino Holding AG Novo Invest GmbH Gryphon Invest AG (Switzerland, 100 %) (Austria, 100 %) (Switzerland, 100 %) 6 Facts and Figures 2016 Casino Mendrisio (100 %) NOVOMATIC AG Group European Data Project s.r.o. (EDP) 8 Highlights 2016 Casino Locarno (91 %) (Czech Republic, 100 %) 10 Worldwide Activities Casino Bad Ragaz (33.3 %) NOVOMATIC AG production, casino and gaming (Austria, 89.96 % Novo Invest GmbH facility operator 12 Growth of the NOVOMATIC Group and 10.04 % Gryphon Invest AG) holding 14 Foreword by the Founder and Majority Shareholder NOVOMATIC Gaming Industries GmbH ATSI S.A. Advanced Technology 16 Foreword by the Board of Directors (Austria, 100 %) R&D, production, sales Systems International ADMIRAL Casinos & Entertainment AG (Poland, 80.78 %) technology center (Austria, 100 %) gaming facility operator 18 NOVOMATIC IN DETAIL ADMIRAL Sportwetten GmbH (Austria, 100 %) sports betting provider 20 The World of NOVOMATIC Casinos Austria AG 22 Research & Development (Austria, 17.19 %) casino operator 24 Gaming Machines Österreichische Lotterien GmbH (Austria, 23.25 %) lottery operator 26 Omni-Channel Gaming Entertainment NOVOMATIC Lottery Solutions GmbH 28 Operations (Austria, 100 %) developer of gaming platforms, electronic lottery 30 Sports Betting solutions and lottery terminals, production, sales Greentube Internet Entertainment Solutions GmbH 32 Lottery (Austria, 100 %) production, operation and distribution of online and 34 Regulatory Environment mobile casino solutions as well as server-based terminal solutions LÖWEN Entertainment GmbH (Germany, 100 %) R&D, production, sales 36 NOVOMATIC SHOWS RESPONSIBILITY Crown Technologies GmbH 38 Corporate Responsibility in our Core Business (Germany, 100 %) R&D, production, sales 43 Corporate Responsibility Management Extra Games Entertainment GmbH (Germany,100 %) gaming facility operator 50 Responsible Entertainment Spielbank Berlin Gustav Jaenecke GmbH & Co. KG 60 Corporate Governance (Germany, 59.5 %) casino operator 68 Enjoy working with us NOVOMATIC Italia S.p.A. (Italy, 100 %) sales 80 Going Green Allstar S.r.I. 86 Active in the Community (Italy, 100 %) gaming facility operator Appendix: UN Global Compact COP/GRI Index Astra Games Ltd. (United Kingdom, 100 %) R&D, production, sales Bell-Fruit Group Ltd. (United Kingdom, 100 %) production ANNUAL FINANCIAL REPORT 94 CONSOLIDATED FINANCIAL STATEMENTS Gamestec Leisure Ltd. 96 Management Report on the Individual (United Kingdom, 100 %) sales Luxury Leisure Ultd. and Consolidated Financial Statements (United Kingdom, 100 %) gaming facility operator 128 Consolidated Financial Statements Playnation Ltd. 132 Notes to the Consolidated Financial Statements (United Kingdom,100 %) gaming facility operator Talarius Ltd. 209 Statement by the Board of Directors (United Kingdom, 100 %) gaming facility operator 210 Auditor’s Report Alfor SIA (Latvia, 60 %) gaming facility operator NOVOMATIC Netherlands B.V. 216 INDIVIDUAL FINANCIAL STATEMENT (Netherlands, 100 %) R&D, production, sales NOVOMATIC AG Group 218 Balance Sheet The NOVOMATIC AG Group is NOVOMATIC Gaming Spain S.A. 220 Profit and Loss Statement NOVOMATIC Group (Spain, 100 %) production, sales a part of the NOVOMATIC Group and includes the main subsidiaries 222 Notes to the Individual Financial Statement The NOVOMATIC Group Admiral Operations Spain S.L. includes Novo Invest GmbH, the listed here. In addition to this, the (Spain, 100 %) gaming facility operator 237 Auditor’s Report NOVOMATIC AG Group, as well NOVOMATIC AG Group is active in as the two Swiss sister holding GiGames S.L. England, Germany, Italy, Spain, 242 Report of the Supervisory Board companies ACE Casino Holding AG (Spain, 80 %) production, sales Latin America and Africa, as well and Gryphon Invest AG, which are NOVOMATIC Americas Holdings Inc. as other CEE and SEE countries owned by Prof. Johann F. Graf. (USA, 100 %) sales through subsidiaries. 245 Imprint C AT A GLANCE AT MATI 6 Facts and Figures 2016 8 Highlights 2016 10 Worldwide Activities O 12 Growth of the NOVOMATIC Group 14 Foreword by the Founder and Majority Shareholder V 16 Foreword by the Board of Directors O AT A GLANCE AT N NOVOMATIC Group > € 4.4 billion Facts and Figures 2016 Revenues In its relatively short 36-year history, the NOVOMATIC Group with its 29,000 employees worldwide has become one of the top players in the gaming industry and the clear > 4,000 number one in Europe. Registered IP rights ~ 29,000 Employees worldwide 49 % Women in workforce 120,000 m2 9,000 km AT A GLANCE AT Surface area of Cables produced 260,000 Gumpoldskirchen HQ 13 Gaming terminals in operation Production facilities in 10 countries 67 20 250 Individual parts Nationalities Technology centers per gaming device in 13 countries > 3,300 Employees in Austria 98 % Export rate 6.5 h Assembly time per gaming terminal > 300,000 > 3,500 55 m Programming hours Conducted Cables per per year training days gaming terminal NOVOMATIC Group 28 June NOVOMATIC takes over the British gaming operator Talarius 14 December Highlights 2016 The completion of this transaction represents the continu- Green light for NOVOMATIC ation of NOVOMATIC’s expansion strategy. NOVOMATIC is investment in Casinos Austria AG now the largest gaming facility operator in the Adult Gaming NOVOMATIC announces the takeover of the shares of MTB NOVOMATIC looks back at the best financial year in its 36-year history. Center segment in the UK. Privatstiftung in Casinos Austria AG amounting to 17.2 percent. As a globally operating full-service provider with operations in all important gaming markets, the Group covers all segments of the gaming industry. 28 November Award for the NESTORGOLD certificate 22 August NOVOMATIC and ADMIRAL were each awarded the 3rd NOVO Safety Day NESTORGOLD certificate by Federal Minister Alois Stöger in The focus of this day is an evacuation drill with more than 500 a ceremony held at the Austrian Ministry of Social Affairs. people, first aid training, environmental and fire protection, NESTORGOLD is a strict externally audited certification process as well as self-defense. dealing with everything surrounding age(ing)-appropriate 2 to 4 February 27 June workplaces. New record appearance at ICE Totally Gaming Minority shareholders approve NOVOMATIC was represented at ICE (International Casino NOVOMATIC’s investment in Ainsworth Exhibition) Totally Gaming 2016 by a record number of The starting gun went off for the acquisition of approximately AT A GLANCE AT 22 exhibiting Group companies. With a surface area of over 53 percent of the shares in Ainsworth Game Technology from 4,500 m², NOVOMATIC once again had the largest exhibition Len Ainsworth by NOVOMATIC in February 2016, with the appearance in the history of gaming trade shows. signing of a purchase agreement. This was followed in June by the agreement of the minority shareholders, required under company law. The regulatory approval required for the com- 15 September pletion of the acquisition is expected to be granted in 2017. Second health day for the first time in two locations 14 October More than 250 participants of NOVOMATIC Gaming Industries Casino FlaminGO celebrates expansion GmbH in Gumpoldskirchen and ADMIRAL Casinos & Enter- The expansion of Casino FlaminGO in Macedonia was cele- tainment AG in Wiener Neudorf took advantage of more brated with a dazzling festival, with NOVOMATIC brand than 30 health-related activities. ambassador Niki Lauda as the guest of honor. The expansion crowned Casino FlaminGO the largest casino in South-Eastern 8 March Europe. NOVOMATIC Lottery Solutions signs long-term partnership agreement with PROMOSPORT NOVOMATIC Lottery Solutions, on behalf of the Tunisian 1 April Ministry of Youth and Sports, signed a 6-year contract with New, joint headquarters for Greentube the Tunisian Toto betting operator PROMOSPORT. The sub- and NOVOMATIC Lottery Solutions ject of the agreement is the provision of a complete solution Greentube and NOVOMATIC Lottery Solutions move into for the operation of Toto betting as well as continued main- their new headquarters in Vienna. The newly renovated 23 September tenance and support services. building offers more than 10,000 m² for 500 employees from Casino Admiral San Roque opens Greentube, Funstage and NOVOMATIC Lottery Solutions. After a year-long planning and renovation phase, the open- 10 October ing of Casino Admiral San Roque was celebrated together 7th NOVOMATIC Responsible Gaming Symposium with NOVOMATIC brand ambassador Niki Lauda. The casino The subject was “Responsible Entertainment is not a contra- offers modern gaming fun over 4,650 m2.