Atari 2009 Annual Report Download - page 65

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
65
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
At April 1, 2007 12.3 952.0 - (891.3) (7.7) 65.3 19.9 85.2
Share issues - (0.3) (0.3) (0.3)
Exercise of stock warrants (1) 0.5 7.3 7.8 7.8
Issue of ORANE bonds (2) - 141.1 141.1 141.1
Translation adjustments (12.0) (12.0) (1.9) (13.9)
Share-based payments 2.7 2.7 (0.1) 2.6
Net income /(loss) for the year (51.1) (51.1) (11.4) (62.5)
Other changes (0.1) (0.1) (0.1)
At April 1, 2008 12.8 1,100.1 (0.1) (939.7) (19.7) 153.4 6.5 159.9
Share issues - -
Exercise of stock warrants 0.1 (0.1) - -
Issue of ORANE bonds and impact of simplified
public exchange offer (3)
36.5 36.5 36.5
Translation adjustments 8.0 8.0 0.2 8.2
Share-based payments 6.3 6.3 6.3
Buyout of minority interests in Atari Inc. (4) 0.5 (0.5) -(5.9) (5.9)
Acquisition de Cryptic Studios (5) 4.4 4.4 -4.4
Sale of 34% of Distribution Partners (6) (0.4) 0.4 -(8.8) (8.8)
Clearance of the “Retained earnings” and “Other
reserves” accounts (7)
(912.2) 912.2 - ---
Profit (loss) for the year (226.1) (226.1) (0.8) (226.9)
Other changes - -
At March 31, 2009 12.9 224.3 (0.1) (242.8) (11.8) (17.5) (8.8) (26.3)
Total equity
Share
premium
Cumulative
translation
adjustments
Capital
stock
(€ million)
Consolidated
reserves
Shareholders'
equity
Minority
interests
Treasury
shares
(1) During the year ended March 31, 2007, 265.331.539 stock warrants were allocated free of consideration to
shareholders with 100 warrants exercisable for one new share at a price of €15 each. A total of 51.886.483 warrants
were exercised during the year ended March 31, 2008, resulting in the issue of 518.865 new shares and generating
issue proceeds of €7.8 million.
(2) On January 4,2008, the Company issued bonds redeemable for new or existing shares (ORANE), maturing on April
1, 2014. The bonds have an aggregate nominal value of €150 million and comprise both an equity and debt component.
The impact of these ORANE bonds on equity and debt can be analyzed as follows:
Equity Debt
- Nominal value 147.1 2.9
- Issuance costs (6.0) -
----------------------- -----------------------
141.1 2.9
The following notes form an integral part of the consolidated financial statements.