1. Turnover and profit on ordinary activities before taxation

The Group’s turnover and profit before taxation were all derived from its principal activity of offering, through licences domiciled in appropriate global regions, interactive betting over the internet and telephone. The Company has taken advantage of the exemption in the Companies Act 1985, Section 230, not to present its own profit and loss account. Of the Group’s profit after tax for the period, a loss of £9.3m (2005: loss of £6.0m) has been dealt with in the Company’s financial statements.