Ubisoft 2003 Annual Report Download - page 58

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FINANCIAL REPORT
2004
58
Note 3 Tangible assets
Tangible fixed assets break down as follows:
(1) Ubi Brazil: -K€20
Tiwak: K€128
Fixed assets 3/31/03 Change in Exchange 3/31/04
Gross Increase Decrease Reclassifications consolidation rate Gross
structure differences
Buildings, plant
and machinery 6,546 694 158 243 8 -20 7,313
Computer equipment
and furniture 23,719 4,367 5,734 -280 111 -662 21,521
Development kits 241 460 - -38 - - 663
Transportation equipment 150 18 1 - -11 -6 150
Leased computer hardware 6,516 13 11 -10 - 2 6,510
Fixed assets in progress 162 56 - -191 - - 27
Total 37,334 5,608 5,904 -276 108 (1) -686 36,184
Note 4 Financial assets
The change in consolidation structure totaling K¤6,479 on non-consolidated investments is primarily attributable to the following:
●The acquisition of Gameloft SA shares for K¤5,780.
●The use of the equity method to account for Gameloft SA shares totaling -K¤13,392.
The reduction totaling K¤683 relates primarily to repayment of deposits and guarantees.
Fixed assets 3/31/03 Change in Exchange 3/31/04
Gross Increase Decrease consolidation rate Gross
structure differences
Non-consolidated investments 10,991 - 181 -6,479 -4 4,327
Other long-term investments 7 200 4 - - 203
Deposits and guarantees 1,233 673 498 - -25 1,383
TOTAL 12,231 873 683 -6,479 -29 5,913
(1) Ubi Brazil: -K€10
Tiwak: K€80
Depreciation 3/31/03 Change in Exchange 3/31/04
Cumulative Increase Decrease Reclassifications consolidation rate Cumulative
structure differences
Plant & machinery 2,285 781 114 - 2 -2 2,952
Computer equipment
and furniture 15,812 4,287 5,442 -142 76 -361 14,230
Development kits 43 179 - -15 - - 207
Transportation equipment 54 25 - - -8 -3 68
Leased computer hardware 5,041 836 7 -7 - -2 5,861
TOTAL 23,235 6,108 5,563 -164 70 (1) -368 23,318