Ubisoft 2004 Annual Report Download - page 69

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67
UBISOFT > 2005 FINANCIAL REPORT
2
FINANCIAL REPORT FOR THE FISCAL YEAR ENDING MARCH 31, 2005
Note 10 Investment securities
Investment securities break down as follows:
Note 11 Cash
The Cash account showed a balance of cash and bank
accounts in the net amount of €141,131 thousand on
March 31, 2005, comparedwith €76,915 thousand on
March 31, 2004.
The cash position is calculated using the gross value of
cash and investment securities, unlike net financial debt
(Note 14), which is calculated on a net basis.
Own shares
The value of own shares was determined using the closing rate:
3.31.05 3.31.04
Nature Gross value Provision Net value Net value
Own shares 374 111 263 793
Investment funds 60,596 - 60,596 42,339
Total 60,970 111 60,859 43,132
Nature Number Average Gross value Closing rate Provision Net value Percentage
purchase price, € K€ K€ K€ K€ of capital
Own shares 8,473144.107 374 31.02 111 263 0.05%
3.31.05 3.31.04
Nature Name Number Average Gross value Closing rate Net value Net value
purchase price, € K€ K€ K€ K€
Mutual fund Étoile 30 101,026.59 3,031 101,026.59 3,031 -
MONE EURIBOR
Open-endedCPR CASH SI 1,200 19.167 23,000 19.167 23,000 18,125
investment trust
Open-endedSOGEMONE 51 226,756.62 11,564 227.119 11,564 4,241
investment trust
Mutual fund Centrale Monétaire 8,127 2,830.18 23,001 2,830.18 23,001 5,605
Mutual fund CLAM EONIA - - - - - 14,368
Total 60,596 60,596 42,339
1- Includes the 5,500 shares in the liquidity contract.
No depreciation was carried to the mutual funds as of March 31, 2005.
Investment funds via UCITS and open-ended investment trusts
Cash breakdown 3.31.05 3.31.04
K€ K€
Cash 141,131 77,076
Investment securities 60,970 43,359
Advances in foreign currencies -40,930 -26,200
Short-term loans - -4,245
Bank overdrafts -70,304 -37,762
Miscellaneous financial debt - -16
Total 90,867 52,212
Note 12 Equity
Capital
On March 31, 2005, Ubisoft Entertainment SA's capital
consisted of 18,044,840 shares with a face value of €0.31
each, i.e., €5,593,900.40.
Number of Ubisoft Entertainment SA shares
Maximum number of shares that may be created: 7,172,031
lby bond conversion 2,598,297
lby exercise of stock options 2,041,714
lby exercise of subscription warrants 2,532,020
As of April 1, 2004 17,582,304
Exercisedoptions 46,888
Bond conversions 20
Exercise of subscription warrants 45,596
Group savings plan 370,032
As of March 31, 2005 18,044,840