Ubisoft 2006 Annual Report Download - page 122

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UBISOFT • FINANCIAL REPORT 2007
Subsidiaries and affiliated company (March 31, 2007)
3.6.6
Country Currency Capital Reserves and amounts Percentage
carried forward before of capital
allocation of earnings held
In thousands of In thousands of
currency units currency units
SUBSIDIARIES
AT LEAST 50% OF CAPITAL HELD
UBISOFT HOLDINGS INC. United States US dollar 90,405 - 220 100 %
UBISOFT EMEA SARL France Euro 11,960 13,718 100 %
UBISOFT FRANCE SAS France Euro 20,623 - 2,606 100 %
UBISOFT GMBH Germany Euro 9,320 8,416 100 %
UBISOFT DIVERTISSEMENTS INC. Canada Canadian dollar 1,000 17,030 100 %
Total
Currency Gross Net Loans and
value value advances
OTHER SUBSIDIARIES
French subsidiaries Euro 3,125 3,125 -
Foreign subsidiaries Euro 21,393 20,876 7,205
Subtotal 24,518 24,001 7,205
EQUITY INTERESTS
BETWEEN 10 AND 50% OF CAPITAL HELD
Equity interests in French companies Euro 27,344 27,344 -
Subtotal 27,344 27,344 -
GRAND TOTAL 51,862 51,345 7,205
Proposed allocation of earnings
The Board of Directors proposes allocating the fiscal year earnings, which total 16 million forty-seven thousand four
hundred and two euros (€16,047,402) as follows:
- €13,406,663 to settlement of the losses carried forward account.
- €198,186 to the legal reserve, bringing it to 10% of the legal minimum.
- €2,442,553 to the Other Reserves account.