Ubisoft 2001 Annual Report Download - page 45

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FINANCIAL REPORT
Consolidated accounts
45
3.1.3 Consolidated cash flow statement on March 31, 2002
03.31.02 03.31.01
Flows arising from operating activities
Net income 7,953 3,619
Depreciation of tangible and intangible fixed assets 62,241 39,003
Net amortization of goodwill write backs 5,401 1,379
Changes in provisions 3,168 (208)
Change in deferred taxation 6,347 (5,032)
Grants (49) /
Flows arising from the disposal of fixed assets 325 129
Total cash flow arising from operating activities 85,386 (38,890)
Increase in operating fund requirements (20,101) (14,513)
Decrease in non-operational requirements 1,685 4,517
Total flows (18,416) (9,996)
Flows arising from investments
Acquisitions of intangible assets (105,522) (134,975)
Acquisitions of tangible assets (7,457) (6,826)
Acquisition of equity holding (448) (5,058)
Acquisition of other financial fixed assets (11,611) (310)
Charges to be spread over several years (4,400) /
Disposal of fixed assets 236 834
Proceeds from long-term loans and other financial assets 621 623
Change in consolidation structure (1) / (64,752)
Total des flux liés aux investissements (128,581) (210,464)
Flows arising from financial transactions
New long-and medium-term loans 166,550 39,288
Repayments of loans (56 671) (19,823)
Increase in capital 141 101
Increase in issue premium 2,087 464
Increase in conversion premium 3,771 6,840
Increase in share issue premium 27
Increase in issue premium on shares with warrants 1,242 /
Grants received 182 124
Reimbursement of shareholders’ current accounts / (7,196)
Other flows (601) 430
Total flows arising from financial transactions 116,703 20,235
Impact of translation differential 168 (95)
Net cash flow 55,60 (161,430)
Net cash position at the beginning of the financial year (17,637) 143,793
Net cash position at the end of the financial year 37,623 (17,637)
(1) including cash position of acquired companies / 5,363
In K