Ubisoft 2004 Annual Report Download - page 80

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78
UBISOFT > 2005 FINANCIAL REPORT
ASSETS 3.31.05 3.31.04 3.31.03
Notes Gross Depreciation Net Net Net
K€ K€ K€ K€ K€
Intangible assets 1 459,501 297,075 162,426 153,183 168,728
Business assets - - - 1,524 1,524
Tangible assets 2 6,575 4,316 2,259 2,749 4,400
Financial assets 3 245,040 743 244,297 216,951 199,132
Fixed assets 711,116 302,134 408,982 374,407 373,784
Inventory and work-in-progress - - - 22 118
Advances and installments paid 4 15,520 - 15,520 20,491 44,576
Trade receivables 5 124,271 - 124,271 58,465 96,648
Other receivables 32,038 - 32,038 11,760 38,178
Investment securities 8 60,970 111 60,859 43,131 24,211
Cash 39,897 - 39,897 13,035 2,730
Current assets 272,696 111 272,585 146,904 206,461
Bond redemption premium 9 2,825 - 2,825 4,518 7,437
Other receivables and adjustment accounts 10 2,791 - 2,791 4,106 4,524
Total assets 989,428 302,245 687,183 529,935 592,206
LIABILITIES Notes 3.31.05 3.31.04 3.31.03
K€ K€ K€
Capital 5,594 5,451 5,437
Premiums 274,795 268,377 267,743
Reserves -13,185 -14,491 -20,390
Income for fiscal year 20,085 1,305 5,900
Net investment grants - 33 94
Equity 14 287,289 260,675 258,784
Provisions for risk and charges 30 817 905
Bond debentures 15 173,494 173,490 129,046
Borrowings12 15 108,209 57,990 149,083
Miscellaneous financial debts315 50,831 3,905 7,492
Trade creditors and related accounts payable 20,421 10,221 19,056
Tax and social security liabilities 9,894 3,070 6,921
Debts on fixedassets 20,239 17,411 17,592
Other debts 16 12,811 2,120 2,678
Total debts 395,899 268,207 331,868
Accrued expenses (adjustment accounts) 17 3,967 236 649
Total liabilities 687,183 529,935 592,206
1- Payable at less than one year 108,209 57,990 84,083
Payable at more than one year - - - 65,000
2- Current bank credit facilities and credit balances 108,209 57,990 146,169
3- Current accounts
Corporate accounts of Ubisoft
Entertainment SA as of March 31, 2005
2.2
Ubisoft Entertainment SA balance sheet
2.2.1