Ubisoft 2004 Annual Report Download - page 81

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79
UBISOFT > 2005 FINANCIAL REPORT
2
FINANCIAL REPORT FOR THE FISCAL YEAR ENDING MARCH 31, 2005
Notes Fiscal year Fiscal year Fiscal year Fiscal year
of 12 months 3.31.04 of 12 months of 12 months
ending 3.31.05 pro forma ending 3.31.04 ending 3.31.03
K€ K€ K€ K€
Production 18 294,529 244,672 165,872 128,696
Other operating income 19 12,712 14,245 14,245 16,574
and transfer of expenditures
Total operating income 307,241 258,917 180,117 145,270
Stored purchases and other procurement -25 -1 -1 11,382
Changes in inventory - 95 95 260
Other purchases and external charges 20 168,285 148,296 69,496 53,864
Tax and duty 2,088 2,150 2,150 783
Wages and social security costs 741 710 710 674
Other expenses 294 422 422 677
Depreciation and provisions 21 116,798 110,610 110,610 71,113
Total operating expenses 288,181 262,282 183,482 138,753
Operating result 19,060 -3,365 -3,365 6,517
Financial income from equity holdings 81 201 201 -
Income from other securities and claims on fixed assets - 50 50 49
Other interest and related income11,348 4,696 4,696 2,465
Write-back of provisions 12,024 1,827 1,827 3,424
Positive exchange differences 8,910 10,406 10,406 12,049
Net proceeds from sales of investment securities 254 8 8 202
Total financial proceeds 22,617 17,188 17,188 18,189
Provisions 2,396 5,352 5,352 11,112
Other interest and related expenses211,026 6,852 6,852 7,694
Negative exchange differences 7,055 9,291 9,291 6,742
Net expenses on sales of investment securities
Total financial expenses 20,477 21,495 21,495 25,548
Financial result 22 2,140 -4,307 -4,307 -7,359
Operating result 21,200 -7,672 -7,672 -842
Extraordinary result 23 -2,375 9,073 9,073 6,694
Earnings before tax 18,825 1,401 1,401 5,852
Income tax 24 -1,260 96 96 -48
Net income for fiscal year 20,085 1,305 1,305 5,900
1- Including revenue from affiliated companies 1,121 1,235 1,235 2,329
2- Including expenses from affiliated companies 806 931 931 485
Ubisoft Entertainment SA income statement
2.2.2