Ubisoft 2002 Annual Report Download - page 77

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2003
77
FINANCIAL
REPORT
Accounts on March 31, 2003
03.31.03 03.31.02
Euros 263,588 195,705
US dollars 11,457 24,285
Pounds sterling 1,578 153
Canadian dollars 1,108 -
Yen 397 -
Others 1 -
Financial Debt 278,129 220,143
XVI.Financial Debt
Financial debt breaks down as follows:
The breakdown of financial debts by currency is as follows:
Chief characteristics of the second convertible bonds issue:
Number and face value: 314,815 bonds, each with a face value of 164.64 (FF 1,080)
As a consequence of the 5-for-1 stock split, one bond allows five shares to be subscribed,each with a face value of 0.31
Issue price: 164.64 (FF 1,080) per bond
Dated date and settlement day: July 16, 1988
Term of bond: 7 years
Annual yield: 3.80% per year,or 6.26 (FF 41.04) per bond, payable on July 16 of each year
Gross redemption yield: 3.80% on July 16, 1998
Normal redemption: amortized in full on July 16, 2005 by redemption at a price of 164.64 (FF 1,080),
or 100% of the issue price.
163,721 bonds were converted during preceding fiscal periods; no bonds were converted during the current period.
151,094 bonds remain to be converted.
03.31.03 03.31.02
Bond debentures (1) 127,605 190,882
Borrowings from credit institutions (1) -152
Miscellaneous financial debts (2) 10,406 3,261
Accrued interest 1,940 2,108
-
Advances in foreign currencies 85,877 18,674
Bank overdrafts 59,793 8,289
Government Advances - 38
Financial Debt 285,621 223,404
(1) fixed rate
(2) including K2,914 of other financial revenues
< 1 an > 1 year and < 5 years > 5 years.
Maturities outstanding on 03/31/03 158,016 127,605 -