Ubisoft 2004 Annual Report Download - page 92

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90
UBISOFT > 2005 FINANCIAL REPORT
3.31.05 3.31.04
Euros 231,936 203,261
US dollars 23,058 18,455
Pounds sterling 5,932 -
Canadian dollars 15,429 5,388
Yen 759 -
Australian dollars 2,309 4,361
Swiss francs 1,505 -
Danish krone 771 -
Other 4 15
Financial debt 281,703 231,480
The other financial debts, totaling €50,831 thousand, consist of current account advances made by subsidiaries to the parent
company. These advances have a maturity of less than one year.
The breakdown of financial debt by currency is as follows:
Bond debentures
Chief characteristics of the 3.80% bond issue
lNumber: 314,815 bonds
As a result of the 5-for-1 stock split and the adjustment made in connection
with the issue of warrants for the purchaseof existing shares and/or subscription
of new shares in May 2003, one bond entitles its holder to subscribe 5.191 shares,
each with a par value of €0.31.
lIssue price: €164.64
lDated date and settlement date: July 16, 1998
lTerm of bond: 7 years
lAnnual yield: 3.80% per year, or €6.26 per bond, payable on July 16 of each year.
lGross yield to maturity: 3.80% on July 16, 1998
lNormal redemption: Amortized in full by July 16, 2005, by redemption at a price of €164.64, or
100% of the issue price.
163,732 bonds were converted, four during this fiscal year.
As of March 31, 2005, 151,083 bonds remain to be converted.
Chief characteristics of the OCEANE (bonds convertible/exchangeable into new and/or existing shares)
lNumber: 3,150,000 bonds
As a result of the adjustment made in connection with the issue of warrants
for the purchaseof existing shares and/or subscription for new shares in
May 2003, one bond entitles its holder to subscribe for 1.037 shares, each
with a par value of €0.31.
lIssue price: €47.50
lDated date and settlement date: November 30, 2001
lTerm of bond: Five years from the settlement date
lAnnual yield: 2.5% per year, payable in arrears on November 30 of each year.
lGross yield to maturity: 4.5% on settlement date (if there is no conversion and/or exchange of shares,
and in the absence of early redemption).
lNormal redemption: Redemption in full on November 30, 2006, at a price of €52.70, or 110.94%
of face value.
The company bought back 1,400,699 bonds. These bonds were cancelled.
As of March 31, 2005, 1,749,301 bonds remain to be converted.