Ubisoft 2008 Annual Report Download - page 203

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201
UBISOFT ANNUAL REPORT 2009
fI n a n c I a l s t a t e m e n t s 02
14th plan 15th plan 16th plan 17th plan 18th plan Total
3,154,800 24,072 1,804,100 1,362,500 100,160
04.26.08 06.22.08 06.13.09 06.27.09 09.15.09
04.25.12 06.21.12 06.13.13 06.27.13 09.15.13
€17.65 €18.77 €27.75 €27.66 €29.30
(France)
€28.13
(World)
3,067,100 23,572 - - - 7,617,814
- - 1,804,100 1,362,500 100,160 3,266,760
143,246 2,122 - - - 1,188,034
86,706 800 26,200 7,800 -187,072
2,837,148 20,650 1,777,900 1,354,700 100,160 9,509,468
(1) Following the two-for-one stock split on December 11, 2006 and November 14, 2008.
(2) Limitation of the exercise period approved by the Board of Directors on November 2, 2005 to ensure compliance with the maximum period allowed by US law.
The company has not recognised a liability, since the exercise of stock options involves the creation of new shares.
Note 14. Borrowings
Borrowings break down as follows:
03.31.09 03.31.08
Accrued interest 99 272
Bank overdrafts 56,743 52,904
Borrowings 56,842 53,176
Fixed-rate debt - -
Variable-rate debt 56,842 53,176
<1 year 1 to 5 years >5 years
Amounts payable as of March 31, 2009 56,842 -
The breakdown of borrowings by currency was as follows:
03.31.09 03.31.08
Euros 54,945 52,072
US dollar 25 781
Pounds sterling 11 7
Canadian dollar 1,824 242
Danish kroner 36 34
Japanese yen 140
Borrowings 56,842 53,176
The €92,207 thousand in “miscellaneous nancial liabilities” in the balance sheet consists of current account advances by the
subsidiaries to the parent company. These advances all mature in under a year.
Note 15. Other liabilities
These are essentially credit notes to be issued to customers.