Ubisoft 2002 Annual Report Download - page 87

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2003
87
FINANCIAL
REPORT
Report by the Statutory Auditors
1-17Transfer of shares in Ubi.com Inc
Associates concerned: Mr. Yves, Michel, Gérard, Claude and
Christian Guillemot
Nature and purpose: Transfer of no par value shares held in
Ubi.com Inc for the amount of US$999 to Ubi Soft Holdings Inc.
This agreement was authorized at the Board meeting held
on March 28,2003.
1-18 Leasing management for the benefit of Ubi
EMEA SARL
Associate concerned:Mr.Yves Guillemot
Nature and purpose: Leasing-management agreement
concluded with an effective date of April 1,2002 for the branch
of business assets concerned with the production of Ubisoft
products and their distribution in Europe (with the exception
of France),in Asia and in the Middle East;part of the business
assets of Ubi Soft Entertainment SA for the benefit of Ubi
EMEA SARL.
The fixed monthly royalties amount to 30,000 (excl. tax).
The royalties paid for this fiscal year amount to 180,000 (excl.tax).
This agreement was authorized at the Board meeting held
on March 22,2002.
1-19 Leasing management for the benefit of Ubi Soft
France SA
Associates concerned: Mr. Yves, Michel, Gérard, Claude and
Christian Guillemot
Nature and purpose: Leasing-management agreement
concluded with an effective date of April 1,2002 for the branch
of business assets concerned with the distribution of Ubisoft
products in France; part of the business assets of Ubi Soft
Entertainment SA for the benefit of Ubi Soft France SA.
The fixed monthly royalties amount to 15,000 (excl. tax).
The royalties paid for this fiscal year amount to 90,000 (excl.tax).
This agreement was authorized at the Board meeting held
on March 22,2002.
2 - Agreement approved during the course of prior fiscal periods remaining force
during this fiscal year
Pursuant to the decree of March 23, 1967, we have been informed that the following agreement, approved during a previous
fiscal period, remained in force during the past fiscal year:
Licensing agreement with the Ludimedia company
Associates concerned:Mr. Michel, Gérard,Claude and Christian Guillemot
Nature and purpose: Payment of the sum of 800,012.01 (excl. tax) for the fiscal year ending March 31, 2003 by virtue
of the licensing agreement for educational and cultural software.
This agreement was authorized at the Board meeting held on December 1,1998.
Rennes and Paris, August 1, 2003
BY THE STATUTORY AUDITORS
André METAYER COMPAGNIE CONSULAIRE
D’EXPERTISE COMPTABLE JEAN DELQUIE
Benoît FLECHON