Ubisoft 2000 Annual Report Download - page 51

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50
The financial year of all consolidated companies ends on March 31.
For companies in which a majority stake is held, the thresholds of
significance are set at:
>FF 500,000 for “the balance sheet total” in the case of production
companies;
>FF 2,000,000 for the “sales” figure in the case of distribution
companies.
b) Change in consolidation structure
New companies added to the consolidation structure on March 31,
2001:
UBI SOFT ENTERTAINMENT SARL incorporation date: December 1997 (1)
UBI VOICES INC incorporation date: February 1998 (2)
UBI MUSIC PUBLISHING INC incorporation date: June 1998 (2)
UBI SOFT PUBLISHING OEM INC incorporation date: January 1999 (2)
UBI STUDIOS KK incorporation date: April 1999 (2)
UBI SOFT ENTERTAINMENT SWEDEN AB incorporation date: June 1999 (2)
UBI MUSIC INC incorporation date: June 1999 (2)
GAMEBUSTERS GMBH incorporation date: March 2000
UBI EMEA SARL incorporation date: June 2000
UBI ADMINISTRATION SARL incorporation date: September 2000
UBI SOFT HOLDINGS INC incorporation date: September 2000
RED STORM ENTERTAINMENT acquisition date: September 2000
UBI SOFT EDUTAINMENT SA takeover date: September 2000
LUDIMEDIA SA takeover date: September 2000
LUDI FACTORY SARL takeover date: September 2000
SINISTER GAMES INC acquisition date: March 2000
3D PLANET SPA acquisition date: September 2000
BLUE BYTE SOFTWARE INC acquisition date: February 2001
BLUE BYTE SOFTWARE LTD acquisition date: February 2001
BLUE BYTE SOFTWARE GMBH CO.KG acquisition date: February 2001
Company not previously consolidated due to:
(1) the timescale for drawing up accounts. This year the accounts of
this company were submitted within the deadline required for
sending consolidated accounts to the Statuory Auditors;
(2) its insignificant impact. This year these companies exceeded the
thresholds of significance set by the Group.
>Financing of companies being consolidated:
In the case of Ubi Soft Edutainment, Ubi Soft increased its holdings
by FF 5 million (cash financing), which increased its percentage
share from 9 to 85%.
Ludimedia and Ludi Factory are subsidiaries of Ubi Soft Edutainment
and thus are now held indirectly by Ubi Soft.
Ubi Soft Entertainment used cash financing for Blue Byte, Red Storm
and 3D Planet.