Ubisoft 2012 Annual Report Download - page 103

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Financial Statements
2012
98
1.6.6 CONSOLIDATION SCOPE
As at March 31, 2012, 57 entities were consolidated or accounted for using the equity method
(compared to 85 entities at March 31, 2011), mainly because of mergers completed during the legal
reorganization of the French subsidiaries.
Only significant entities are presented in the table below. The significance of entities is assessed
according to their contribution to capitalized production costs and their contribution to Group sales.
Other subsidiaries and ad hoc entities whose contribution is not significant are not included in this list.
COMPANY
Country
Percentage
control
Percentage
of capital
Method
Business
UBISOFT ENTERTAINMENT SA
France
Parent
company
Parent
company
FC
UBISOFT LTD
United
Kingdom
100%
100%
FC
Distribution
UBISOFT INC.
United States
100%
100%
FC
Distribution
UBISOFT GMBH
Germany
100%
100%
FC
Distribution
UBISOFT SRL
Romania
100%
100%
FC
Production
SHANGHAI UBI COMPUTER SOFTWARE CO. LTD.
China
100%
100%
FC
Production
UBISOFT DIVERTISSEMENTS INC.
Canada
100%
100%
FC
Production
UBISOFT FRANCE SAS
France
100%
100%
FC
Distribution
UBISOFT PRODUCTION INTERNATIONALE SAS
France
100%
100%
FC
Production
RED STORM ENTERTAINMENT INC.
United States
100%
100%
FC
Production
UBISOFT CANADA INC.
Canada
100%
100%
FC
Distribution
FC = Full consolidation
The closing date of the annual accounting period for consolidated companies is March 31.Certain
companies use December 31 as their closing date, but draw up accounts for the period from April 1 to
March 31 for the purposes of the consolidated reports.
Changes in scope
Entries into the consolidation scope are described in paragraph 1.6.3.
The contribution to consolidated sales of entities acquired over the financial year (Owlient SAS and
Redlynx Oy) is less than 1%; therefore, no pro forma accounts were prepared.