Ubisoft 2000 Annual Report Download - page 73

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72
>>> 6. ADVANCES AND INSTALLMENTS PAID
These are primarily guaranteed advances paid on licensing contracts totaling FF 237,301,000.
These advances are taken to earnings in proportion to sales made of the licensed products.
>>> 7. TRADE RECEIVABLES
Trade and other receivables break down as follows:
ON 03/31/01 ON 03/31/00
IN ‘000 FF GROSS PROVISIONS NET NET
Trade receivables 458,792 3,440 455,352 450,492
TOTAL 458,792 3,440 455,352 450,492
The stability of this item reflects shorter payment times by our customers.
>>> 8. STATEMENT OF CLAIMS AND DEBTS
STATEMENT OF CLAIMS GROSS AMOUNT < 1 YEAR > 1 YEAR
Claims on fixed assets
Other financial assets 1,539 1,539
Claims on current assets
Doubtful debts 5,530 5,530
Trade receivables 453,263 453,263
State (VAT credit, other) 32,066 32,066
Group and partners 462,256 462,256
Advances and installments 238,707 238,707
Other debtors 34,636 34,636
Prepaid expenses 8,285 8,285
TOTAL 1,236,282 1,229,213 7,069
STATEMENT OF DEBTS GROSS AMOUNT < 1 YEAR > 1 YEAR
Convertible bond debentures 192,030 192,030
Borrowings of maximum 1 year on inception 903,983 827,155 76,828
Trade payables 243,718 243,718
Tax and social security liabilities 3,576 3,576
Other debts 52,609 52,609
Debts on fixed assets 156,116 156,116
Group and partners 325,393 325,393
TOTAL 1,877,425 1,608,567 268,858
Borrowings taken out during the year 229,833
Borrowings repaid during the year 115,941
Debt taken out from individuals 7,780
>>> 9. INCOME RECEIVABLE
CREDITS RECEIVABLE FROM SUPPLIERS 10,722
PRODUCTS NOT YET BILLED 9,947
INTEREST RECEIVABLE 203
TOTAL (FF ’000) 20,872
>>> 10. INVESTMENT SECURITIES
Investment securities are booked at acquisition cost. At the closure any capital losses are provisioned.
NATURE NUMBER AV. PRICE GROSS VALUE PROVISION NET VALUE PERCENTAGE OF
FF (FF ‘000) (FF ‘000) (FF ‘000) CAPITAL
Equity shares 267,000 232.8 63,401 1,244 62,157 1.5%