Ubisoft 2006 Annual Report Download - page 78

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UBISOFT • FINANCIAL REPORT 2007
Change in scope of consolidation
• Change in percentage of holding in Gameloft SA
- Change in percentage of interest in Gameloft SA
Following the exercise of options by Gameloft SA
employees, Ubisoft Entertainment SA’s percentage of
interest decreased from 19.416% to 18.893%.
The effects of the change in scope of consolidation are
explained in section 2.5.4 - Note 4 and section 2.5.5 - Note
26.
• Creation of new companies
- May 2006, creation of Ubisoft Entertainment Ltd (United
Kingdom), wholly-owned subsidiary of Ubisoft Ltd, follo-
wing the acquisition of Reflections Interactive Ltd’s assets
and entire development studio staff.
- Creation of the following French companies
• April 2006: Ubisoft Editorial SARL and Ubisoft
Production Montpellier SARL,
• May 2006: Ubisoft Support Studios SARL and
Ubisoft Production Annecy SARL,
• July 2006: Ubisoft Paris Studio SARL and Ubisoft
Castelnau SARL,
• January 2007: Ubisoft Marketing International SARL.
- June 2006, creation of Ubisoft EOOD (Bulgaria),
wholly-owned subsidiary of Ubisoft Entertainment SA,
- February 2007, creation of Ubisoft Digital Arts Inc
(Quebec), wholly-owned subsidiary of Ubisoft
Divertissements Inc.
• Liquidation
- January 2007, liquidation of Ubi Computer Software
Beijing Company Ltd. (China). The impact of this liquida-
tion on equity is €170, thousand.
Note 1 Goodwill
Goodwill breaks down as follows, as of March 31, 2007:
Change in gross goodwill
Notes to the balance sheet
2.5.4
Existing company As of Increases Decreases Exchange rate As of
03.31.06 differences 03.31.07
Gross Gross
Ubisoft Inc. 178 178
Ubisoft Ltd 1,006 21 1,027
Ubisoft GmbH 12,805 12,805
Red Storm Entertainment Inc. 45,538 - 4,150 41,388
Ubisoft Spa 3,215 3,215
Ubisoft Canada Inc. 1,907 - 159 1,748
Tiwak SAS 760 760
Ubisoft Divertissements Inc. 475 - 40 435
Blue Byte GmbH 3 3
Ubisoft France SAS 10,103 10,103
Ubisoft BV 2,294 2,294
Ubisoft Warenhandels GmbH 442 442
Ubi Games SA 1,306 - 36 1,270
Ubisoft Entertainment Ltd (1) - 1,823 - 4 1,819
Total 80,032 1,823 - 4,368 77,487