Ubisoft 2007 Annual Report Download - page 73

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CONSOLIDATED FINANCIAL STATEMENTS AS OF MARCH 31, 2008
69
2
No property, plant or equipment was used to guarantee any liabilities.
As of March 31, 2008, no impairment provisions had been recognized as a result of depreciation testing.
Gameloft
Following the exercise of options by Gameloft SA employees, Ubisoft Entertainment SA’s percentage interest was reduced
from 18.893% to 18.733% as of June 30, 2007.
In addition, the stock was disposed of to Calyon on July 12, 2007 for €6.08 per share, although Ubisoft retained the impact
of all share price fluctuations until the date Calyon disposed of the stock to a third party: the impact is described in Section
1.5.3 Scope of consolidation – Changes in scope.
As of March 2008, Calyon hold 12.56% of Gameloft.
Related Designs Software GmbH
Following the acquisition of Sunflowers GmbH, Ubisoft Entertainment SA holds a 30% interest in Related Designs Software
GmbH.
The €328 thousand in investments in associates includes:
- €70 thousand for the Group’s share of equity,
- €28 thousand for the Group’s share of profit,
- €230 thousand in goodwill.
Non-current assets Gross as of Increase Decrease Changes Translation Gross as of
03.31.07 in scope adjustments 03.31.08
Assets available for sale 692 65 407 1,164
Other financial assets 153 (153) 0
Deposits and sureties 1,813 314 318 27 (78) 1,758
Other non-current receivables 2 23,418 23,417 7 10
Total 2,660 23,797 23,735 288 (78) 2,932
Non-current assets Gross as of Increase Decrease Reclassification Gross as of
03.31.07 03.31.08
GGaammeelloofftt
Goodwill 25,654 217 (25,437) 0
Share of equity 8,344 758 (9,102) 0
RReellaatteedd DDeessiiggnnss SSooffttwwaarree GGmmbbHH(
(11))
Goodwill 230 230
Share of equity 98 98
Total investments in associates 33,998 1,086 217 (34,539) 328
Note 4 Investments in associates
Note 5 Other financial assets
(1) See details in Note 2.5.4 Scope of consolidation.
Depreciation Gross Increases Decreases Reclassi- Changes Trans- Gross
as of fications in scope lation as of
03.31.07 adjustments 03.31.08
Plant and machinery 3,439 1,576 293 (3) 119 (255) 4,583
Computer hardware
and furniture 13,624 6,812 2,751 (10) 464 (1,055) 17,084
Development kits 3,429 3,205 - - - - 6,634
Transportation equipment 135 68 147 (10) - (5) 41
Leased computer hardware
and transportation
equipment 902 69 623 (153) - 18 214
Total 21,530 11,730 3,814 (176) 583 (1,297) 28,556