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UBISOFT • FINANCIAL REPORT 2008
Scope of consolidation
Companies included in the Ubisoft Group consolidated financial statements as of March 31, 2008
2.5.4
Company Country Percentage Percentage Method Business Year founded
control of capital or acquired
UBISOFT ENTERTAINMENT SA France Parent company Parent company FC 1986
UBISOFT Ltd UK 100% 100% FC Marketing 1989
UBISOFT INC. US 100% 100% FC Marketing 1991
UBISOFT GmbH Germany 100% 100% FC Marketing 1991
UBISOFT SRL Romania 100% 99.35% FC Development 1993
and marketing
UBISOFT SA Spain 100% 99.97% FC Marketing 1994
UBISOFT KK Japan 100% 100% FC Marketing 1994
UBISOFT PICTURES SAS France 100% 100% FC Graphics and 1995
computer graphics
UBISOFT SpA Italy 100% 99.99% FC Marketing 1995
UBISOFT DESIGN SAS France 100% 100% FC Interactivity 1995
and ergonomics
UBISOFT BOOKS AND RECORDS SAS France 100% 100% FC Management and 1995
administration
UBISOFT COMPUTING SARL France 100% 100% FC Development 1996
UBISOFT SIMULATIONS SAS France 100% 100% FC Development 1996
UBISOFT PTY Ltd Australia 100% 100% FC Marketing 1996
UBISOFT GRAPHICS SAS France 100% 100% FC Graphics and modeling 1996
SHANGHAI UBI COMPUTER China 100% 100% FC Marketing and 1996
SOFTWARE CO.LTD development
UBISOFT DIVERTISSEMENTS Inc. Canada 100% 100% FC Development 1997
UBISOFT ORGANISATION SAS France 100% 100% FC IT services 1998
UBISOFT WORLD SAS France 100% 100% FC Global marketing 1998
UBISOFT SARL Morocco 100% 99.86% FC Development 1998
UBISOFT NORDIC AS Denmark 100% 100% FC Marketing 1998
UBISOFT LIMITED Hong Kong 100% 99.50% FC Marketing 1998
UBISOFT BV Netherlands 100% 99.98% FC Marketing 1998
UBI STUDIOS SL Spain 100% 99.95% FC Development 1998
UBISOFT STUDIOS SrL Italy 100% 97.50% FC Development 1998
UBISOFT France SAS France 100% 100% FC Marketing 1998
UBISOFT PRODUCTIONS France SAS France 100% 100% FC Development 1999
UBISOFT SWEDEN AB Sweden 100% 98% FC Marketing 1999
UBISOFT MUSIC INC. Canada 100% 100% FC Creation of music 1999
UBISOFT WARENHANDELS GmbH Austria 100% 100% FC Marketing 2000
UBISOFT WORLD STUDIOS SAS France 100% 100% FC Design and storyline 2000
LUDI FACTORY SAS France 100% 100% FC Graphics and 2000
localization studio
IFRIC 12 “Service Concession Arrangements” gives indi-
cations on the accounting method and the valuation
method of concession arrangements from public to pri-
vate sector. IFRIC 12, which will be compulsory for the
2009 group financial statements, would not have any
impact on consolidated statements.
IFRIC 13 “Customer Loyalty Programmes” ,addresses
how companies, that grant their customers loyalty award
credits (often called ‘points’) when buying goods or ser-
vices, should account for their obligation to provide free
or discounted goods or services if and when the cus-
tomers redeem the points. IFRIC 13, which will be com-
pulsory for the 2009 group financial statements, would
not have any impact on consolidated statements.
IFRIC 14 “IAS 19 – The Limit on a Defined Benefit Asset
Minimum Funding Requirements and their Interaction
addresses three issues: how entities should determine
the limit placed by IAS 19 Employee Benefits on the
amount of a surplus in a pension plan they can recognise
as an asset how a minimum funding requirement affects
that limit and when a minimum funding requirement
creates an onerous obligation that should be recognised
as a liability in addition to that otherwise recognised
under IAS 19. IFRIC 11 will be retrospectively compul-
sory in the Group Financial Statements 2009. It might
not have any impact on consolidated statements.