Atari 2012 Annual Report Download - page 125

Download and view the complete annual report

Please find page 125 of the 2012 Atari annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 140

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140

ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
125
reaching transformation over the past few years. As of the date of the present document, the excom team is
composed as follows:
Jim Wilson - Chief Executive Officer
Robert Mattes - Chief Financial Officer
Lee Jacobson – SVP, Licensing & Distribution
Kristen Keller - EVP, General Counsel
Maria Pacheco – VP, Marketing
Alexandra Fichelson - General Secretary
STATUTORY AUDITORS' FEES
This information is presented Note 28 to the Annual Statutory Accounts “Statutory auditors’ fees” on page 108
and 109 of the present document.
INFORMATION CONCERNING EMPLOYEE PROFIT SHARINGPROFIT-SHARING PLAN
This information can be found in section 9 “Information concerning the workforce/information concerning
employee profit sharing” of the “Information on management and the financial statements / Board of directors’
report on the Group’s management” on page 40 of the present document.
RELATED PARTY AGREEMENTS
The special report below contains information on related party agreements.
STATUTORY AUDITORS' SPECIAL REPORT ON RELATED PARTY AGREEMENTS
AND COMMITMENT YEAR ENDED MARCH 31, 2012
This is a free translation into English of the statutory auditors’ special report on regulated agreements and commitments that is
issued in the French language and is provided solely for the convenience of English speaking readers. This report on regulated
agreements and commitments should be read in conjunction and construed in accordance with, French law and professional
auditing standards applicable in France. It should be understood that the agreements reported on are only those provided by the
French Commercial Code (Code de Commerce) and that the report does not apply to those related party transactions described
in IAS 24 or other equivalent accounting standards.
To the Shareholders,
In our capacity as Statutory Auditors of your Company, we hereby report to you on regulated agreements and
commitments.
The terms of our engagement require us to communicate to you, based on information provided to us, the
principal terms and conditions of those agreements and commitments brought to our attention or which we may
have discovered during the course of our audit, without expressing an opinion on their usefulness and
appropriateness or identifying such other agreements and commitments, if any. It is your responsibility, pursuant
to Article 225-31 of the French Commercial Code (Code de Commerce), to assess the interest involved in respect
of the conclusion of these agreements and commitments for the purpose of approving them.
Our role is also to provide you with the information stipulated in Article R. 225-31 of the French Commercial Code
relating to the implementation during the past year of agreements and commitments previously approved by the
Shareholders’ Meeting, if any.
We conducted the procedures we deemed necessary in accordance with the professional guidelines of the
French National Institute of Statutory Auditors (Compagnie Nationale des Commissaires aux Comptes) relating to
this engagement. These procedures consisted in agreeing the information provided to us with the relevant source
documents.
Agreements and commitments submitted to the approval of the Shareholders' Meeting
Pursuant to Article 225-40 of the French Commercial Code, the following agreements and commitments, which
were previously authorized by the Board of Directors, have been brought to our attention.
Approval of Addendum No. 13 and 14 to the BlueBay Credit Facility Agreement
The Board of Directors authorized, as of June 29, 2011, the signature of Addendum No. 12 to the Credit
Agreement governing the BlueBay Receivable between Atari Europe SAS, the Company and the BlueBay
Guarantee Fund with a view to (i) postponing the Credit Agreement ultimate maturity date from June 30, 2011 to
December 30, 2011 and (ii) to enable to reduce the amount of the credit facility to approximately €34 million after
the closing of the sale of Cryptic Studios. This transaction was authorized by the Shareholders meeting approving
the accounts closing as of March 31, 2011.
The Board of Directors authorized, as of December 20, 2011, the signature of Addendum No. 13 to the Credit
Agreement governing the BlueBay Receivable between Atari Europe SAS, the Company and the BlueBay
Guarantee Fund with a view to (i) postponing the Credit Agreement ultimate maturity date from December 30,