Ubisoft 2003 Annual Report Download - page 60

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FINANCIAL REPORT
2004
60
Note 9 Other receivables, accruals and deferrals
Other receivables break down as follows:
The drop in other receivables is the result of the redemption of current account advances and the factoring guarantee plus
the reclassification of credits receivable, which are now charged against supplier accounts.
(1) Activated/non-activated deferred depreciation during a loss-making period (ARD) and losses:
* Including depreciation deferred indefinitely: ¤15,391,000.
March 31, 2004 March 31, 2003
Activated ARD Non-activated TOTAL Activated ARD
and losses ARD and losses and losses
Ubisoft Entertainment SA 8,609 270 8,879 9,648
Ludimedia SA 336 921 1,257 381
Ubi.com SA 957 - 957 1,348
Ubi.com Inc. - 1,342 1,342 1,505
Ubisoft Warenhandels GmbH 198 - 198 208
Blue Byte Software Inc. 1,151 - 1,151 1,382
Red Storm Entertainment Inc. 77 - 77 177
Ubisoft France SAS 2,262 - 2,262 2,425
Ubisoft EMEA SARL - 1,337 1,337
Ubisoft Holdings Inc. 212 - 212
Ubisoft Computing SARL 121 - 121
Ubi Soft Entertainment GmbH 340 - 340
Ubisoft Divertissements Inc. 1,079 - 1,079
Ubi Soft Entertainment BV 36 - 36
Shanghai Ubi Computer Software Ltd. 157 - 157
Other 42 - 42 180
TOTAL 15,577 3,870 19,447 17,254
3/31/04 3/31/03 3/31/03
Gross Depreciation Net Pro forma Former
presentation
Activated losses and deferred depreciation
during a loss-making period (ARD)* (1) 15,577 - 15,577 17,254 17,254
Other deferred tax on assets (2) 2,625 - 2,625 7,506 7,506
Current account advances 34 - 34 8,465 8,465
VAT (3) 24,962 - 24,962 21,541 21,541
Subsidy to be received 11,837 - 11,837 6,614 6,614
Other tax and social security liabilities 12,381 111 12,270 3,917 3,917
Credits receivable from suppliers - - - - 1,553
Suppliers – debit balances - - - - 1,144
Factoring guarantee deposits 11,534 - 11,534 22,346 22,346
Other 178 - 178 1,821 1,821
Prepaid expenses 2,757 - 2,757 3,463 3,463
Charges to be spread over several years 2,142 - 2,142 2,396 2,396
Redemption premium (4) 4,518 - 4,518 7,437 7,437
TOTAL 88,545 111 88,434 102,760 105,457