Ubisoft 2001 Annual Report Download - page 61

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FINANCIAL REPORT
Consolidated accounts
61
The breakdown of financial debts by currency is as follows:
03.31.02 03.31.01
French francs / 107,001
Euros 202,877 6,250
US dollars 24,296 55,044
Deutsche Mark / 3,510
Canadian Dollars 1,569 /
Italian lira / 945
Austrian schilling / 319
Spanish peseta / 318
Pound sterling 153 45
RMB / /
Others 2 /
Borrowings 228,897 173,432
■Chief characteristics of the first convertible bond issue:
Number and face value: 167,000 bonds with a face value of 91.47 (FF 600)
Issue price: 91.47 (FF 600) per bond
Due date and settlement day: October 10, 1997
Term of bond: 5 years and 173 days
Annual yield: 2% per year, or 1.83 (FF 12) per bond, payable on April 1 of each year starting April 1 1998
Gross redemption yield: 4.26% on October 10 1997
Normal redemption: redeemed in full by April 1 2003 by redemption at a price of FF 681.58, or 113.6%
of the issue price
On March 31, 2002 the convertible bond is closed.
166,364 bonds were converted, 40,075 during this year.
Accelerated redemption of 636 bonds took place from May 21st to August 20, 2001.
■Chief characteristics of the second convertible bond issue:
Number and face value: 314,815 bonds with a face value of 164.64 (FF 1,080)
As a consequence of the 5-for-1 stock split, one bond allows five shares to be subscribed with a face value of 0.31
Issue price: 164.64 (FF 1,080) per bond
Due date and settlement day: July 16, 1998
Term of bond: 7 years
Annual yield: 3.80% per year, or 6.26 (FF 41.04) per bond, payable on July 16 of each year
Gross redemption yield: 3.80% on July 16, 1998
Normal redemption: redeemed in full by July 16, 2005 by redemption at a price of 164.64 (FF 1,080),
or 100% of the issue price
163,721 bonds were converted, 1,019 during this year.
151,094 bonds remain to be exercised.