Annual Report 2012 Annual Report 2012 Novamedia/Postcode Lotteries People’s Postcode Lottery Svenska PostkodLotteriet Nationale Postcode Loterij Lottery Postcode People’s 76 George Street Visiting address: Visiting address: Edinburgh Klarabergsviadukten 63 Van Eeghenstraat 70 EH2 3BU 111 64 Stockholm 1071 GK Amsterdam United Kingdom Sweden The Netherlands Telephone 0044 - 131 - 554 87 94 Postal address: Postal address: E-mail [email protected] P.O. Box 193 P.O. Box 75025 101 23 Stockholm 1070 AA Amsterdam www.postcodelottery.co.uk Sweden The Netherlands Svenska PostkodLotteriet Telephone 0046 - 8 - 562 488 00 Telephone 0031 - 20 - 673 24 46 Fax 0046 - 8 - 662 58 70 Fax 0031 - 20 - 573 75 55 E-mail [email protected] E-mail [email protected] www.postkodlotteriet.se www.postcodeloterij.nl Nationale Postcode Loterij Nationale Postcode BankGiro Loterij VriendenLoterij Would you like to know more about the Postcode Lottery format? BankGiro Loterij Visiting adress: Visiting address: Van Eeghenstraat 70 Van Eeghenstraat 70 Then please contact: 1071 GK Amsterdam 1071 GK Amsterdam Novamedia The Netherlands The Netherlands Van Eeghenstraat 93-95 1071 EX Amsterdam Postal adress: Postal adress: The Netherlands P.O. Box 75969 P.O. Box 75092 VriendenLoterij 1070 AZ Amsterdam 1070 AB Amsterdam Telephone 0031 - 20 - 664 09 78 The Netherlands The Netherlands Fax 0031 - 20 - 679 75 06 E-mail [email protected] Telephone 0031 - 20 – 573 74 74 Telephone 0031 - 20 – 573 75 07 Fax 0031 - 20 – 573 74 80 Fax 0031 - 20 – 573 75 55 www.novamedia.nl E-mail [email protected] E-mail [email protected] www.bankgiroloterij.nl www.vriendenloterij.nl BUSINESS WITH PERSONALITY ring in 2013 GUIDETOGIVERS 2012 with style CITY A.M.’S TOP TWENTY CHARITABLE DONORS see pages 21-27 see our top venues, page 31 ISSUE 1,787 FRIDAY 21 DECEMBER 2012 www.cityam.com FREE merry christmas and a happy new year CITYA.M. will return on wednesday 2 January 2013 NYSE sold to upstart ICE Credits FRIDAY 21 DECEMBER 2012 22 CITYA.M.GUIDE TO GIVERS in $8bncityam.com deal Publisher: Page 30 (b.l.): William Noppen BANKSEPARATION BY JAMES WATERSON Nationale Postcode Loterij N.V. Page 31 (b.): Dienst Landelijk THE NEW York Stock Exchange is to end two centuries of Amsterdam Gebied independence after its parent company NYSE Euronext was Printing: Page 33 (b.), 34 (b.l.), 46, (b.l.): yesterday sold to upstart IntercontinentalExchange (ICE) for Joh. Enschedé Amsterdam BV Gerard van Hees 20 of the world’s largest donors$8.2bn (£5bn). The deal hands control of one of Graphic design: Page 35 (t.): Tim Knox BACK ON AGENDA the most renowned names in Senior voices say new Parliamentary report global finance to little-known ICE, BILL AND MELINDA GATES FOUNDATION NOVAMEDIA / POSTCODE LOTTERIESan Atlanta-based company best Woldberg&Wesseling dm, Eemnes Page 38 (t.r.): Heliante Moningka US Netherlands known for its electronic would1 put a sword of Damocles over banks 3 commodities trading platforms. As Production: Page 39 (t.): Arjen Veldt part of the deal, ICE has committed BYThe TIM Bill andWALLACE Melinda Gates Foundation was formedcation. The legislation needs to set out Novamedia/Postcode Lotteries started the Dutch to maintaining the exchange’s Concern/Schoenmakers Page 39 (b.l.): George Maas/ in 2000 through the merger of the William H.a reserve power for separation; the reg- National Postcode Lottery in 1989 to raise money for iconic Wall Street building and its PROMINENTGates Foundation City groups and the Gatesreacted Learning furi- ulator needs to know he can use it.” global charities. Headed by chief executive Boudewijn traditional trading floor. Communicatie-projecten, Fotonova ouslyFoundation,THE to plans adopting for full theirTOP separation previous agendas of 20 ofAnd if thisAT power isA used GLANCE several Poelmann (pictured), the organisation now runs five “Our transaction is responsive to banksimproving today, global arguing health andthe education. proposals times, the PCBS suggests that even separate charity lotteries across Europe, including the evolution of market Amsterdam Page 40 (t.l.): Maarten Hartman/ addWith a fresh offices round in the of US, uncertainty India, China and to the UK, thewell-behaved banks should be split up. Britain’s Peoples’ Postcode Lottery. infrastructure today and offers a sector,foundation hurting has lending a global reachand growth.of over 100 countries“Significant use of this reserve power Since inception, the lotteries have given €4.9bn range of growth opportunities,” Andand planstotal assets forGiver ofa $34.6bn tougher (£21.4bn), leverage makingwould it indicate that full separation Country (£4bn) toIndustry over 240 charities, including UNICEF, War Est.said ICE chairmanDonated and CEO Jeff Translation: HH ratiothe were largest also philanthropic attacked, organisation as it could in the world.across the banking sector would be Child and Greenpeace, as well as providing publicity. Sprecher, who will be chairman pushLast up year the the cost foundation of mortgage gave away borrow- grant very likely to be the appropriate step,” In 2011, the organisation gave €508m. 20 per cent of and chief exec of the new group. Tekst|Support, Amsterdam Page 40 (b.r.): Angelo Pecere ing paymentsand1 put oftheBill $4.4bn. UK’s and banks Melinda at a com- the Gates report noted. Foundation US every ticketComputers sold by People’s Postcode Lottery goes 1994to NYSE Euronext’s£ 2.7shares bn rose by a petitiveThe foundation disadvantage is led byto chief foreign executive rivals. Jeff RaikesThe industry hit back, arguing the charity, with funds supporting causes in Great third after the deal was announced Page 41 (t.r.): Andy Doornhein Theand Parliamentary co-chair2 Wellcome William H.Commission Gates Snr, underTrust on the long-term, repetitive nature of the UK Britain. PoelmannPharmaceuticals is chairman of City A.M. 1936while ICE remained£ 642.0 broadly m flat. Bankingdirection Standards of Bill and Melinda(PCBS) Gateswants and new Warrenthreat to split up all banks can only Recent projects: €7m to Oxfam to connect remote £413mSubject to regulatory approval, the The copyright of each photograph Page 41 (b.l.): Wim Giebels, lawsBuffet. to threaten In 2011, Bill banks Gates withspoke fullat the sepa- G20 summit,damage the sector and the economy. areas* of north Uganda to the internet. company will become the world’s rationthe firstif3 they philanthropistNovamedia/Postcode stray from to do the so. “Ispirit got the of strong“Having a sword Lotteries of Damocles dan- Netherlands Charity lotteries 1989third-largest£ exchange 413.0 group. m belongs to the benefi ciary men- WGProductions the impressionincoming that rules the onleaders ringfencing. are very sympatheticgling over banks is not good for the UK Despite acknowledging the stock Thisto the means4 case thatElia bank aid Lilly budgets would should andhave tonot Companydis- be cut,– if we don’t Foundation know what the industry US Pharmaceuticals 1968exchange’s history,£ 368.2 ICE has m limited tioned in the caption, or to the Page 44 (t.l.): Rob Gommans poseeven of asparts governments of its reducebusiness, their spending,”rather mighthe look like in 10 years’ time, it is ELI LILLY AND COMPANY FOUNDATIONinterest in the equities market. thanwrote merely in his fence 2012 Annual them Letter. off internally. “However, thisnot will conducive to encouraging lend- Commission chairman Andrew Tyrie fears banks will try to get around the new ringfence rules As a result it will seek to rid concerning lottery, with the excep- Page 47 (photo Edwin van der Andbe possiblethe5 PCBS onlyFord wants if their Foundation aconstituents review of understand the ing,” said a finance source who US 4AutomotiveUS 1936itself of Euronext£ 254.7 – the pan- m newthat ringfence aid, which isafter less thana few 1 per centyears of theto budgetdeclined to be named. might “help to concentrate minds, a step opposed today by the PCBS, European stock exchange ensurein most it countries,is working has a– significant and if not, impact to on The City of London Corporation such a move would be detrimental to which wants a tougher approach. operating in Amsterdam, Brussels, tion of: Sar): Toussaint Kluiters/ANP considerpeople’s6 splitting lives.”Robert banks completely. Wood Johnsonpraised ringfences Foundation as a whole, but not businesses,US preventing themThe from Eli LillyHealth andThe Company British products Foundation Bankers’ was Association set up as 1972a hit Paris and Lisbon£ 201.0 – in an IPO m at the “ForCurrent the projects:ringfence Providing to succeed, internet banks access in the extra threat to break banks up, say- accessing the full range of philanthropicservices out arm at of theAmerican tougher pharmaceutical limit, which giant could earliest opportunity. KIPPA needlibraries to be of discouraged emerging countries. from Helping gaming farmsing in it was neither “necessary or appro- they need from a single provider”.the Lilly Companycome in 1968.into Theeffect foundation before aims Basel to III. Yesterday analysts said ICE’s real the Africarules.7 and All South WKhistory Asia Kellogg tellsboost usincomes. they willFoundationpriate £2.7bnto tackle effectively the issues Last year’sUS Vickers report proposedimprove a Cerealshealthcare“Increasing in low-income the ratio countries, would aid restrict1930target is the£ London- 189.3 m Cover: Bayazid Akter Page 47 (photo Gerard Joling): do this unless incentivised not to,” said that have arisen”. four per cent leverage ratio,