Ubisoft 2001 Annual Report Download - page 51

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FINANCIAL REPORT
Consolidated accounts
51
b) Change in consolidation structure
■New companies added to the consolidation structure on March 31, 2002:
UBI SOFT CANADA Inc. consolidation structure date : april 2001
UBI.COM S.A. acquisition date: june 2001
UBI SOFT ENTERTAINMENT NORWAY AS acquisition date: july 2001
UBI.COM Inc. acquisition date: august 2001
UBI MANUFACTURING SARL acquisition date: september 2001
■Mergers realised during the fiscal year 2001/2002 :
UBI SOFT SPA (Italy) take over 3D Planet SPA on April 1st, 2001
UBI SOFT ENTERTAINMENT S.A. take over UBI VENTURES S.A. on April 1st, 2001
UBI SOFT ENTERTAINMENT GmbH take over BLUE BYTE SOFTWARE GmbH & Co.KG on October 1st, 2001
3.1.4.3 Notes on the balance sheet
I. GOODWILL, BUSINESS ASSETS, TRADEMARKS
a) Goodwill
Goodwill breaks down as follows as of March 31, 2002:
Acquisition On 03.31.01 Acquisition On 03.31.02
Acquired company date Gross Increase Decrease costs Gross
UBI Studios S.A. 02.02.96 16 / / / 16
UBI Pictures S.A. 02.02.96 77 / / / 77
Ubi Soft Inc. 02.02.96 302 / / / 302
Ubi Soft Entertainment Ltd. 12.31.94 236 / / / 236
Ubi Soft Entertainment GmbH 08.01.95 153 / / / 153
Ubi Soft Holdings Inc. 09.28.00 / 95 95
Sinister Games Inc. 03.31.00 4,855 1,618 / (30) 6,443
3D Planet SPA 09.30.00 2,357 1,522 / (27) 3,852
Blue Byte Software Ltd. 02.06.01 1,082 / / 1,082
Blue Byte Software GmbH CO.KG 02.06.01 7,229 / (74) 7,155
Blue Byte Software Inc. 02.06.01 13,174 / / 13,174 Red
Storm Entertainment 28.09.00 34,768 / (116) 34,652
Ubi Soft Canada Inc. 10.02.00 / 266 / 266
Total 64,249 3,406 / (152) 67,503
Goodwill is reviewed for each set of Annual Accounts in the light of changes in the net sales of a subsidiary and its contribution
to the net income of the consolidated entity as a whole. Such goodwill may therefore be subject to exceptional amortization
or write-down, where applicable.