Ubisoft 2003 Annual Report Download - page 56

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FINANCIAL REPORT
2004
56
Goodwill is amortized over a period of 20 years using the straight-line method (except Tiwak SAS, which is amortized over 10 years).
b. Brands and patents
Brands and patents break down as follows:
This heading essentially consists of brands from TLC acquisition at ยค10 million. This brand is not amortized.
As of March 31, 2004, no loss of value was reported on trademarks held by group companies.
Acquired company As of 3/31/03 As of 3/31/03
Depreciation Appropriations Write-backs Depreciation
Ubi Studios SAS 6 10 - 16
Ubisoft Pictures SARL 28 49 - 77
Ubisoft Inc. 109 16 - 125
Ubisoft Ltd. 95 11 - 106
Ubi Soft Entertainment GmbH 58 8 - 66
Ubisoft Holdings Inc. 13 82 - 95
Sinister Games Inc. 861 295 - 1,156
3D Planet SPA 445 192 - 637
Blue Byte Software Ltd. 120 57 - 177
Blue Byte Software GmbH Co. KG 829 412 - 1,241
Blue Byte Software Inc. 1,471 703 - 2,174
Red Storm Entertainment Inc. 4,339 1,733 - 6,072
Ubisoft Canada Inc. 33 13 - 46
Gameloft SA - 354 - 354
Tiwak SAS - 23 - 23
Distribution in France 1,188 595 - 1,783
Distribution in the US 1,576 789 - 2,365
Distribution in Germany 682 340 - 1,022
Distribution in Belgium 156 77 - 233
Distribution in the Netherlands 114 58 - 172
Distribution in Austria 53 26 - 79
Distribution in Switzerland 114 76 - 190
Distribution in Canada 202 102 - 304
TOTAL 12,492 6,021 - 18,513
Exchange rate
As of 31/31/03 Increase Decrease Reclassifications differences As of 3/31/04
Brands and patents 10,701 907 - -209 -33 11,366
TOTAL 10,701 907 - -209 -33 11,366