Ubisoft 2007 Annual Report Download - page 90

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UBISOFT • FINANCIAL REPORT 2008
3. Breakdown of investments by geographic region
2.5.7.2 Business combinations
On April 6, 2007, Ubisoft Entertainment SA acquired Sunflowers GmbH, the software publisher, and the Anno brand.
The breakdown of net assets and goodwill acquired was as follows:
On April 11, 2008, Ubisoft Entertainment SA acquired Digital Kids Co. Ltd.
The breakdown of net assets and goodwill acquired was as follows:
2.5.7.3 Related party transactions
1. Compensation of managers of the Company and of the controlling and/or controlled companies
Messrs Guillemot are compensated for their duties as CEO and Executive Vice Presidents. They are paid a fixed amount and
do not work under employment contracts.
The total gross compensation paid to managers during the fiscal year by the Company, by controlled companies within the
meaning of IAS 24.16 (Gameloft SA) and by the company controlling the one in which they held their positions (Guillemot
Brothers SA and Guillemot Corporation SA) was €1,381 thousand €546 thousand of which was paid by Ubisoft Entertainment SA.
During the 2007-2008 fiscal year, the managers received €94 thousand in directors’ fees.
The General Shareholders' Meeting of September 25, 2006 authorized the Company to pay total directors’ fees of no more
than €250.000 per annum.
Investments France Germany UK Rest of US and Rest of 03.31.08
Europe Canada world Total
Intangible assets 337,090 1,086 169 33,277 4,887 442 376,950
Property, plant and equipment 3,656 89 324 1,485 2,876 1,584 10,015
Total 340,746 1,174 493 34,762 7,764 2,025 386,965
03.31.08
Amount paid in cash 14,208
Direct costs related to the acquisition 319
Total acquisition cost 14,527
Fair value of net assets acquired (2,725)
Total 17,252
Anno brand 6,000
Goodwill 11,252
Deferred tax on the brand reincorporated into goodwill (IAS 12) 1,500
Total goodwill 12,752
03.31.08
Amount paid in cash 1,553
Direct costs related to the acquisition 112
Total acquisition cost 1,666
Fair value of net assets acquired 490
Total 1,176
Goodwill 1,176