Ubisoft 2007 Annual Report Download - page 118
Download and view the complete annual report
Please find page 118 of the 2007 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
 |
 |
Special Auditor’s report fiscal year
ended March 31, 2008 on regulated
agreements and commitments
UBISOFT • FINANCIAL REPORT 2008
Dear Shareholders:
In our capacity as auditors of your company, we hereby present our report on regulated agreements and commitments.
I - Agreements and commitments authorized during the fiscal year and until the date of this report
Pursuant to Article L. 225-40 of the French Commercial Code, we have been advised of the agreements and commitments
for which prior authorization was granted by your Board of Directors.
It is not our responsibility to look for other agreements and commitments that may exist, but to inform you, on the basis of
the information provided to us, of the basic features and terms of those of which we have been advised, without passing judg-
ment on their usefulness and validity. According to the provisions of Article R. 225-31 of the French Commercial Code, it
is your responsibility to assess whether it is in your interest to enter into these agreements and commitments before appro-
ving them.
We have carried out our work in accordance with accepted professional standards in France. These standards require due
diligence in order to ascertain that the information provided to us is consistent with the source documents from which it was
derived.
We were informed about no more new agreement neither new commitment.
II - Agreements and commitments approved in previous fiscal years and remaining in force during
the past fiscal year
Moreover, pursuant to the French Commercial Code, we have been informed that the following agreements, approved du-
ring previous fiscal years, remained in force during the past fiscal year.
1) Authorization to lease and construction permit
Nature and purpose:
On May 31, 2006, your Board of Directors authorized your company to guarantee commitments made by its subsidiary,
Ubisoft Ltd., with Sun Life Pension Management Limited in connection with the lease of the premises located at Chertsey Gate,
East London Street, Chertsey, Surrey, England, and the construction permit related to said premises.
Terms:
The surety bond issued by your company totaled €2,520,907 at March 31, 2008.
3.8