Ubisoft 2005 Annual Report Download - page 105

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3
103
UBISOFT • 2006 ANNUAL REPORT
FINANCIER
Corporate accounts of Ubisoft Entertainment SA as of March 31, 2006
The increase in equity holdings is primarily due to the capi-
tal increase of Ubisoft Music INC. in the amount of €280
thousand. The decrease is essentially related to the sale of
Gameloft SA shares for €4,840 thousand and to the sale of
Ubisoft SPRL shares for €1,622 thousand.
The change in other long-term investments reflects the
purchases and sales of directly held shares within the scope
of the liquidity contract (cf § 3.5.2). As of March 31, 2005,
directly held shares were recorded under short-term
investments for a net value of €263 thousand.
General information on exchange-listed companies:
Note 2. Tangible assets
Tangible fixed assets break down as follows:
Fixed assets As of 03.31.05 As of 03.31.06
Gross Increase Decrease Reclassification Gross
Fittings and fixtures 3,743 83 - - 3,826
Transportation equipment 11 - - - 11
Computer equipment and furniture 2,781 15 37 - 2,759
Tangible fixed assets in progress 40 48 - -45 43
Total 6,575 146 37 -45 6,639
Fixed assets As of 03.31.05 Increase Decrease As of 03.31.06
Gross Gross
Equity holdings 244,697 294 6,462 238,529
Other long-term investments - 4,809 4,129 680
Deposits and guarantees 342 7 - 349
Total 245,039 5,110 10,591 239,558
Depreciation As of 03.31.05 As of 03.31.06
Cumulative Increase Decrease Cumulative
Fittings 1,582 371 - 1,953
Transportation equipment 3 2 - 5
Computer equipment and furniture 2,731 31 33 2,729
Total 4,316 404 33 4,687
Listed company Gameloft SA
Book value on 03.31.06 (€) 27,343,883
Number of shares 13,367,923
Value of one share as of 03.31.06 (€) 6.12
Write-back over fiscal year -
Depreciation over fiscal year -
Provisions As of 03.31.05 As of 03.31.06
Cumulative Increase Decrease Cumulative
Equity holdings 743 134 499 378
Total 743 134 499 378
Note 3. Financial assets
Financial assets break down as follows: