Atari 2010 Annual Report Download - page 80

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
80
No single customer accounted for more than 22.9% of trade receivables at March 31, 2010, or for more than 23.1% at
March 31, 2009.
The table below shows changes in provisions for impairment in value:
(€ million)
Year ended March
31, 2010
Year ended March
31, 2009
At beginning of year 3.4 2.8
Charges 0.6 4.2
Reversals (3.6)
Translation adjustments -
Other (2.9) -
At end of year 1.1 3.4
NOTE 9 – OTHER CURRENT ASSETS
Other assets consist of the following:
Prepaid and recoverable taxes and employee-related receivables 2.4 5.4
Prepaid expenses 1.4 1.3
Other 1.7 0.9
Other current assets 5.5 7.6
March 31, 2010(€ million) March 31, 2009
NOTE 10 – CASH AND CASH EQUIVALENTS
Cash and cash equivalents reported in the consolidated cash flow statement respectively include (i) cash on hand and
demand deposits for €10.2 million, and (ii) highly liquid short-term investments (measured at market value at balance
sheet date) that are readily convertible to a known amount of cash and are subject to an insignificant risk of changes in
value.
At March 31, 2010 and 2009, there were no cash balances that could not be freely used.
NOTE 11 – EQUITY
11.1. CAPITAL STOCK
C
OMMON STOCK
At March 31, 2010, the Company had 21,113,623 common shares outstanding, fully paid up, with a nominal value of €1
each.
All shares are of the same class and may be held in either identifiable bearer (TPI) or registered form, at the holder's
option. Each share entitles its holder to one vote on resolutions submitted to the Company’s shareholders. All paid-up
shares held in registered form by the same shareholder for at least two years carry double voting rights, as do any
additional shares acquired pursuant to rights attached to registered shares carrying double voting rights.
D
IVIDENDS
The Board of Directors may recommend to the Company's shareholders that dividends be paid representing up to the
amount of the Company's distributable earnings and reserves. Decisions regarding dividends are made by the
Company's shareholders in a Shareholders' Meeting. The Group has not paid any dividends for the past three fiscal
years.