Ubisoft 2008 Annual Report Download - page 188

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UBISOFTANNUAL REPORT 2009
2.2 Report for the consolidated account statements
for the scal year ending March 31, 2009
This is a free translation into English of the statutory Auditors’ report on the consolidated account statements issued in the French language and is
provided solely for the convenience of English speaking readers. This report should be read in conjunction with, and construed in accordance with,
French law and professional auditing standards applicable in France.
Dear Shareholders,
Pursuant to the assignment entrusted to us by your Board of Directors, we hereby present our report for the scal year ended
March 31, 2009 with regard to the following:
• the consolidated nancial statements of Ubisoft Entertainment S.A, as attached to this report;
• the basis for our assessment ;
• the specic verication required by law.
The consolidated nancial statements have been prepared by the Board of Directors. It is our task to express an opinion on these
nancial statements on the basis of our audit.
1 - Opinion regarding the consolidated nancial statements
We have conducted our audit in accordance with accepted professional standards in France. These standards require due diligence
in order to ascertain with reasonable certainty that the consolidated nancial statements contain no material anomalies. An audit
consists in verifying, on a test basis or by means of other methods of selection, elements to the amounts and information contained
in the nancial statements. It also involves assessing the accounting principles applied, the signicant estimates reserves and
the global presentation of the nancial statements. It is our view that the elements that we collected are sufcient and adapted to
base our opinion
We hereby certify that, from the standpoint of IFRS standards as adopted in the European Union, the consolidated nancial
statements give a true and fair view of the assets, nancial position and results of the group comprising the consolidated persons
and entities.
Without contesting our opinion above, we draw your attention to the note “Comparability of nancial statements” which describes
the changes in the presentation of nancial statements.
2 - Basis for assessment
Pursuant to the provisions of Article L.823-9 of the French Commercial Code regarding the basis for assessment, we call your
attention to the following items:
Changes in the presentation
The note “Comparability of nancial statements” describes the changes in the presentation of nancial statements issued
during the scal year as there were no disposals of Gameloft shares over the scal year, classied in “Assets held-for-sale” as
of March 31, 2008. Pursuant IAS 8, the comparative information referring the last scal year and presented in the consolidated
nancial statements, was restated at ends of comparability. Therefore, the comparative information is different to the consolidated
nancial statements published for 2007-08 scal year.
As part of our assessment of the accounting principles applied by your company, we have examined the correct last scal year
restatement and of the information provided in the note “comparability of nancial statements”.