Atari 2010 Annual Report Download - page 73

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
73
2.29. EARNINGS PER SHARE
The Group reports both basic and diluted earnings per share.
Basic earnings per share correspond to attributable net income for the period divided by the weighted average number of
shares outstanding, net of any treasury shares.
Diluted earnings per share are calculated by dividing the adjusted attributable net income for the year by the weighted
average number of shares outstanding, plus all potentially dilutive ordinary shares. Potentially dilutive ordinary shares
include those to be issued on the exercise of stock options or warrants, grants of free shares and the conversion of
convertible bonds and bonds redeemable in shares (equity notes) issued by the Group.
2.30. BUSINESS TAX – TERRITORY ECONOMIC TAX
The law of Finance for 2010 has created the Territory Economic Tax (“Contribution Economique Territoriale – CET “) in
order to replace, from fiscal year 2010 the Business Tax (“Taxe Professionnelle –TP”).
The « CET » is composed of two taxes: Business Land Tax (“ Cotisation Foncière des Entreprises – CFE") based on the
real estate goods and the Business Value Added Tax (“Cotisation sur la Valeur Ajoutée des Entreprises – CVAE”). The
Company considers that theses two taxes are, by nature, related to its activity and to the different entities of the Group
and recognizes, from the first calendar quarter of fiscal year 2010 both in the line “Taxes” of its income statement.
NOTE 3 – GOODWILL
3.1. CHANGES DURING THE PERIOD
Goodwill arising on business combinations is recognized in the currency of the acquired entity as prescribed in IAS 21
and allocated to cash-generating units (CGUs) at the acquisition date.
A cash-generating unit is the smallest identifiable group of assets that generates cash inflows that are largely
independent of the cash inflows from other assets or groups of assets. The table below shows changes in goodwill for
the period:
(€ million) Total
March 31, 2008 77.9
Changes in scope of consolidation 21.2
Increase -
Impairment for the year (65.1)
Disposals for the year (3.8)
Translation adjustments 4.7
Other changes -
March 31, 2009 34.9
Changes in scope of consolidation -
Increase -
Impairment for the year -
-
Translation adjustments (0.9)
Other changes (9.5)
March 31, 2010 24.5
Reclassification of assets held for sale
Goodwill allocated to the “Online Development / Publishing” cash generating unit was reduced by 9.5 million euro
following a revision of Cryptic Studios’ projected revenue, which is one of the criteria used to determine the earnout
payable to Cryptic’s vendor shareholders.