Ubisoft 2003 Annual Report Download - page 73

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FINANCIAL REPORT
2004 73
02
Financial Report for FY ending 3/31/04
2.2
Corporate accounts of Ubisoft
Entertainment SA as of March 31, 2004
2.2.1 Ubisoft Entertainment SA balance sheet
ASSETS 3/31/04 3/31/04 3/31/04 3/31/03 3/31/02
Notes Gross Amort/dep Net Net Net
K€K€K€K€K€
Intangible assets 1 345,445 192,262 153,183 168,728 152,128
Business assets 1,524 - 1,524 1,524 12,867
Tangible assets 2 6,778 4,029 2,749 4,400 3,489
Financial assets 3 228,374 11,423 216,951 199,132 120,011
Fixed assets 582,121 207,714 374,407 373,784 288,495
Inventory and work-in-progress 4 22 - 22 118 15,112
Advances and installments paid 5 20,491 - 20,491 44,576 53,548
Trade receivables 6 58,468 3 58,465 96,648 99,808
Other receivables 12,044 284 11,760 38,178 45,873
Investment securities 9 43,359 228 43,131 24,211 40,365
Cash 13,196 161 13,035 2,730 4,866
Current assets 147,580 676 146,904 206,461 259,572
Bond redemption premium 10 4,518 - 4,518 7,437 15,294
Accrued expenses
(adjustment accounts) 11 4,106 - 4,106 4,524 6,622
TOTAL ASSETS 738,325 208,390 529,935 592,206 569,983
LIABILITIES Notes 3/31/04 3/31/03 3/31/02
K€K€K€
Capital 5,451 5,437 5,384
Premiums 268,377 267,743 266,406
Reserves -14,491 -20,390 3,999
Income for fiscal year 1,305 5,900 -24,390
Net investment grants 33 94 306
Share capital 15 260,675 258,784 251,705
Provisions for risk and charges 817 905 522
Bond debentures 16 173,490 129,046 190,882
Borrowings (1) (2) 16 57,990 149,083 29,261
Miscellaneous financial debts (3) 16 3,905 7,492 3,261
Trade creditors and related accounts payable 10,221 19,056 52,262
Tax and social security liabilities 3,070 6,921 1,026
Debts on fixed assets 17,411 17,592 27,048
Other debts 17 2,120 2,678 13,217
Total debts 268,207 331,868 316,957
Accrued expenses (adjustment accounts) 18 236 649 799
TOTAL LIABILITIES 529,935 592,206 569,983
(1) Payable at less than one year: 57,990 84,083 17,013
Payable at more than one year: 65,000 12,248
(2) Current bank credit facilities and credit balances: 57,990 146,169 26,988
(3) Current accounts