Ubisoft 2006 Annual Report Download - page 87
Download and view the complete annual report
Please find page 87 of the 2006 Ubisoft annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
 |
 |
CONSOLIDATED FINANCIAL STATEMENTS AS OF MARCH 31, 2007
75
2
Consolidated reserves and translation reserves
The reserves break down as follows:
Like the capital, the legal reserve constitutes a guarantee for third parties dealing with the company. Because of this, it can-
not be distributed to shareholders.
The definition and the accounting and valuation principles are presented in section 2.5.2.3 Principles of consolidation –
Employee benefits.
Note 13 Provisions
The provisions break down as follows:
Ubisoft Divertissements Inc (Canada) received a notification project of a significant adjustment from Canadian tax authori-
ties relating to fiscal years 1999 to 2003.
The subsidiary, strengthened by its consultants and lawyer, estimates that the risk is restricted to CAD 3 million, i.e. €2 mil-
lion corresponding to the provision for risk recorded in the Canadian subsidiary accounts.
Note 14 Employee benefits
03.31.07 03.31.06
Legal reserve 505 505
Other reserves 65,237 53,025
Translation reserves - 36,608 - 25,266
Own shares held - 795 - 679
Consolidated reserves and translation reserves 28,339 27,585
As of 03.31.06 Appropriations Write-backs Write-backs Exchange As of 03.31.07
(provision (provision rate
used) not used) differences
Provisions for litigation 4 - 4 - - -
Provisions for tax risk - 2,053 - - - 101 1,952
Total 4 2,053 4 - - 101 1,952
Impact
Current operating result 2,053 4 -
Financial result - - -
As of 03.31.06 Appropriations Write-backs Exchange rate As of 03.31.07
differences
Provisions for retirement 1,156 55 - - 6 1,205
Total 1,156 55 - - 6 1,205