Ubisoft 2002 Annual Report Download - page 42

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2003
42
FINANCIAL
REPORT
2.1.2 Consolidated income statement on March 31, 2003
N.B.:Pro forma accounts
Since no third-party companies were acquired during fiscal
year 2002/2003, no pro forma accounts were drawn up.
The pro forma accounts for FY 2000/2001 included earnings
from subsidiaries acquired during the fiscal year in the period
from April 2000 to March 31, 2001, and were prepared in
accordance with the Group's accounting principles.
This applies to Red Storm Entertainment, Ubi Soft
Edutainment SA, Ludimedia SA, Ludi Factory SARL, 3D Planet
SpA, Blue Byte Software Inc, Blue Byte Software LTD,
and Blue Byte Software GmbH&Co. KG. These 2000/2001
pro forma accounts do not reflect the change in the method
of amortizing business assets that took effect March 31,2002.
Notes K KKPro Forma K
03.31.03 03.31.02 03.31.01 03.31.01
Sales I 452,952 368,961 259,815 283,646
Other operating income II 86,955 93,346 72,169 86,916
Costs of sales (175,637) (151,941) (115,528) (122,831)
Wages and social security costs (99,221) (93,012) (72,950) (81,119)
Other operating expenses III (143,331) (116,200) (91,425) (117,508)
Tax and duty (3,561) (3,477) (3,181) (3,325)
Depreciation and provisions IV (81,100) (66,715) (40,968) (43,806)
Operating income 37,057 30,962 7,932 1,973
Financial expenses and income * V (12,540) (10,560) (3,140) (3,489)
Earnings before taxes,
goodwill amortization and extraordinary items 24,517 20,402 4,792 (1,516)
Extraordinary income/expense VI (6,853) 2,177 (64) (91)
Corporate tax VII (7,298) (9,216) 302 1,013
Net earnings of consolidated companies
(before goodwill amortization) 10,366 13,363 5,030 (594)
Share of earnings of equity affiliates 0 0 0 -
Goodwill amortization (5,512) (5,410) (1,379) (2,698)
Total net earnings of consolidated company 4,854 7,953 3,651 (3,292)
Minority interests 0 0 32 36
Net earnings (Group share) 4,854 7,953 3,619 (3,328)
Net earnings per share 0,28 0.46 0.21
Fully diluted net earnings per share
(calculated according to notice 27 of the OEC) 0.38 0.48 0.22
Earnings before amortization of goodwill
after corporate tax per share 0.99 0.65 0.30
Earnings before amortization of goodwill
after corporate tax per fully diluted share
(calculated according to notice 27 of the OEC) 0.95 0.64 0.29