Ubisoft 2007 Annual Report Download - page 77

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CONSOLIDATED FINANCIAL STATEMENTS AS OF MARCH 31, 2008
73
2
1) Cash
Cash on hand includes cash and bank account balances for a net K€ 120,973 as of March 31, 2008, compared to K€ 95,766
as of March 31, 2007.
2) Investment securities comprised of UCITS, investment companies and certificates of deposit:
Note 12 Equity
Capital
As of March 31, 2008, the Company share capital amounted
to K€ 7,164, consisting of 46,224,592 shares with a par value
of €0.15 each, all fully paid up.
Each share gives a right to ownership of the corporate assets
and the liquidation dividend equal to the proportion of the
equity that it represents.
Voting rights double those conferred on other shares, based
on the proportion of the share capital they represent, are
granted to all fully paid-up shares that are shown to have been
registered in the name of the same shareholder for at least
two years.
In the event of a share capital increase via the capitalization of
reserves, earnings or issue premiums, this right is also con-
ferred at the date of issue on registered shares granted free
of charge to a shareholder on the basis of old shares that
enjoyed this right.
Number of Ubisoft Entertainment SA shares
The number of potential shares that may be created as a
result of the exercise of stock options is 3,808,907.
The change in net cash breaks down as follows:
03.31.08 03.31.07
Type Name Number Gross value Fair value Gain (loss) Fair value
in K€ in K€ in K€ in K€
Mutual fund UCITS liquidity agreement 443 954 958 4 1,359
Mutual fund Etoile Mone Euribor 82 8,149 8,149 0 21,040
Investment company CPR Cash SI 877 18,491 18,494 3 5,199
Mutual fund Euribor Gestion 389 15,032 15,034 2
Mutual fund Sécurité Plus 22 5,528 5,529 1 1,932
Mutual fund SGAM 17 1,847 1,853 6 1,256
Mutual fund Centrale Pibor 5,961 18,776 18,778 2 -
Mutual fund SGAM Invest Cash 2,043 22,098 22,148 50 -
Mutual fund BNP Paribas Mois 555 11,995 11,997 2
Certificate of deposit SG EUR 5,000 5,000
Total - 107,870 107,940 70 30,786
Type of cash item 03.31.08 03.31.07
Cash and cash equivalents 228,913 126,552
Foreign currency advances - (6,508)
Bank overdrafts and short-term loans (55,732) (41,391)
Total 173,181 78,653
As of 04.01.07 45,397,276
Options exercised 467,989
Capital increase reserved for former BSAR holders 235,328
Group/Company employee savings plans:
reserved capital increase 123,999
As of 03.31.08 46,224,592