Ubisoft 2008 Annual Report Download - page 204

202
UBISOFTANNUAL REPORT 2009
Note 16. Accrued expenses and deferred income
Deferred income (1) Translation
adjustment
(liability)
03.31.09 03.31.08
Opening balance 3,857 850 4,707 3,918
Increases 62 221 283 850
Decreases -850 850 61
Closing balance 3,919 221 4,140 4,707
(1) Consists of prepaid revenue.
2.3.5.6 Notes to the income statement
Note 17. Production for the period
The breakdown of sales by geographic region was as follows:
03.31.09 03.31.08
in K€ Percentage in K€ Percentage
Europe 185,521 53% 180,691 49%
North America 166,247 47% 185,662 50%
Rest of world 238 - 656 1%
Sales 352,006 100% 367,009 100%
Capitalized production costs 224,470 204,025
Total 576,476 571,034
Revenue basically consists of royalties invoicing to subsidiaries.
The capitalized production costs reect development costs outsourced to subsidiaries.
Note 18. Other operating income and reinvoiced costs
03.31.09 03.31.08
Reversal of depreciation, amortisation and provisions 195 341
Reinvoiced costs 10,599 9,941
Income from other ordinary revenue transactions 433 1
Total 11,227 10,283
Reinvoiced costs primarily include overhead, travel, trade show and similar costs reinvoiced to Group companies.
Note 19. Other purchases and external expenses
03.31.09 03.31.08
Other purchases and external expenses 320,963 295,861
Total 320,963 295,861
Other external expenses primarily include:
• €245.4 million in intra-group services, including €224 million in production outsourced to the subsidiaries
(€204 million at March 31, 2008),
• Advertising expenses, royalties and property and equipment lease payments.