Ubisoft 2014 Annual Report Download - page 61

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Management Report
2014
56
2 COMMENTS ON THE UBISOFT ENTERTAINMENT SA
FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH
31, 2014
Sales (in thousands of euros)
Sales basically consist of intra-group invoicing of royalties.
In thousands of euros
March 31, 2014
March 31, 2013
Production/sales
786,733
(1)
933,598
Operating income
(112,581)
39,657
Net financial income
(9,680)
(5,013)
Pre-tax income from continuing
operations
(122,261)
34,644
Non-recurring items
(65,201)
(68,108)
Net income
(184,120)
(30,462)
(1)
Including capitalized production: €409,188 thousand (commercial software: €382,038 thousand and external
software development: €27,150 thousand)
Commercial software
As at March 31, 2014, commercial software came to €435 million compared with €421 million as at
March 31, 2013.
Tax consolidation scope
As at March 31, 2014, the tax group includes all French companies, with the exception of those
created and acquired during the financial year.