Ubisoft 2004 Annual Report Download - page 51

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49
UBISOFT > 2005 FINANCIAL REPORT
2
FINANCIAL REPORT FOR THE FISCAL YEAR ENDING MARCH 31, 2005
€K Notes K € K€ K€
3.31.05 3.31.04 3.31.03
Sales 16 538,048 508,444 452,952
Other operating income 17 127,767 100,111 86,955
Cost of sales -180,015 -178,515 -175,637
Wages and social security costs -135,702 -115,730 -99,221
Other operating expenses 18 -177,496 -176,648 -143,331
Tax and duty -5,559 -4,769 -3,561
Depreciation and provisions 19 -125,693 -131,365 -81,100
Operating result 41,350 1,528 37,057
Financial result 20 -11,672 -12,082 -12,540
Current result of consolidated companies 29,678 -10,554 24,517
Extraordinary result 21 151 8,938 -6,853
Income tax 22 -2,827 -1,420 -7,298
Net income of consolidated companies
(before goodwill amortization) 27,002 -3,036 10,366
Share in results of companies using the equity 202 34 -
method of accounting
Goodwill amortization -7,182 -6,021 -5,512
Total net income of consolidated companies 20,022 -9,023 4,854
Minority interests ---
Net earnings (group share) 20,022 -9,023 4,854
Net earnings per share 1.13 -0.51 0.28
Diluted net earnings per share (calculated according to Notice 27 of the OEC) 1.02 -0.51 0.38
€K Capital Premiums Consolidated Fiscal year Grants Total
reserves and earnings received equity
translation
reserves
Situation as of March 31, 2003 5,437 268,954 25,490 4,854 94 304,829
Allocation of consolidated earnings N-1 4,854 -4,854 -
Change in capital of mother company 13 634 647
Fiscal year earnings (group share) -9,023 -9,023
Change in exchange gains & losses1-2,737 -2,737
Impact of revaluations -5 -5
Grants -61 -61
Situation as of March 31, 2004 5,450 269,588 27,602 -9,023 33 293,650
Allocation of consolidated earnings N-1 -9,023 9,023 -
Change in capital of mother company 144 6,418 6,562
Fiscal year earnings (group share) 20,022 20,022
Change in exchange gains & losses1-2,315 -2,315
Grants -33 -33
Increase in capital for companies using the 1,220 1,220
equity methodof accounting (not subscribed)
Other 33 33
Situation as of March 31, 2005 5,594 276,006 17,517 20,022 - 319,139
1- The gains and losses impacts primarily reflect the fall in the dollar from historical rates to the closing rate on March 31, 2005, totaling €2,132 thousand.
Consolidated income statement
2.1.2
Reconciliation of movement in equity
2.1.3