Ubisoft 2006 Annual Report Download - page 45

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THE GROUP'S ACTIVITY AND RESULTS FOR FISCAL YEAR 2006-2007
33
1
Analysis of activity and comments
on results for fiscal year 2006/2007
February 2007
Ubisoft is honored at the 10th Academy of Interactive
Arts & Sciences Achievement Awards (AIAS), winning
the award for the First-Person Shooter of the Year for
Tom Clancy’s Rainbow Six®Vegas.
Ubisoft announces its new expansion plan in Quebec with
the objective of creating 1,000 additional jobs by 2013
and opening a studio specialized in the creation of digital
cinema content.
€50 million capital increase following the conversion into
shares of 92% of Ubisoft’s 2008 warrants (BSAR).
03.31.07 03.31.06
In K€ In K€
Sales 680,348 547,070
Operating result 34,579 - 1,391
Financial Result 18,047 - 9,110
Share in earnings of associates 3,149 19,109
Income tax expense - 15,217 3,324
Net earnings (Group share) 40,558 11,932
Equity 521,819 381,258
Investment related to production 161,196 130,475
Personnel 3,934 3,441
The following selected financial information related to the fiscal years ended March 31, 2006 and March 31, 2007 is taken
from the consolidated financial statements and presented in accordance with IFRS standards.
Key figures
1.2
1.2.1