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Penny Machines

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Revised margin objectives

Operating margins for 2010 are targeted to rise by one margin point to 12.7%. The operating margin target for 2011 has initially been set at 13.2%. In the longer term, we continue to believe we can improve our operating margin to 18%. This is challenging, of course, but not so outrageous as some believe, given that our best performing companies in each services sector have already demonstrated they can perform at a combined Group margin of 17%.

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