Ubisoft 2008 Annual Report Download - page 53
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51
UBISOFT ANNUAL REPORT 2009
ma n a G e m e n t r e p o r t 01
1.1.4.3.1.6•Processingwaste 73
1.1.4.3.1.7•Processingandrecyclingunmarketableproducts 73
1.1.4.3.1.8•Involvingsuppliersinaresponsible,environmentallyfriendlyapproach 73
1.1.4.3.2•Raisingawarenessandsharingsoundenvironmentalpractices 73
1.1.4.3.2.1•Applyingsoundecologicalpracticesatagrouplevel 73
1.1.4.3.2.2•Promotinginitiatives 74
1.1.4.3.2.3•Raisingawarenessofenvironmentalissuesamongthegeneralpublic 74
1.1.5 • Subsidiaries and equity investments 75
1.1.5.1•OrganisationchartasofMarch31,2009 75
1.1.5.2•Equityinvestmentsmadeduringthenancialyear 77
1.1.5.3•Businessactivitiesofthesubsidiaries 77
1.1.6 • General information 78
1.1.6.1•Capitalexpenditurepolicy 78
1.1.6.2•Researchanddevelopmentpolicy 78
1.1.6.3•Property,plantandequipment 78
1.1.7 • Risk factors 78
1.1.7.1•Business-relatedrisks 78
1.1.7.1.1•Risksassociatedwithproductstrategy,positioningandbrandmanagement 78
1.1.7.1.2•Risksassociatedwithmarketchanges 79
1.1.7.1.3•Risksofadelayorpoorstarttothereleaseofaagshipgame 79
1.1.7.1.4•Employee-relatedrisks 80
1.1.7.1.5•Risksassociatedwiththeacquisitionandintegrationofnewentities 80
1.1.7.1.6•Riskofdependencyoncustomers 81
1.1.7.1.7•Riskofdependencyonsuppliersandsubcontractors 81
1.1.7.1.8•Risksassociatedwithinformationsystemsandcomputersecurity 81
1.1.7.2•LegalRisks 82
1.1.7.2.1•Lawsuits–Legalproceedingsandarbitration 82
1.1.7.2.2•Regulatoryenvironment 82
1.1.7.2.3•Risksassociatedwithintellectualpropertyrights 82
1.1.7.2.4•Licensingagreementrisks 82
1.1.7.3•Industrialorenvironment-relatedrisks 83
1.1.7.4•Marketrisks 83
1.1.7.4.1•Financialrisk 83
1.1.7.4.2•Counterpartyrisk
84
1.1.7.4.3•Securitiesrisk
84
1.1.7.5•Insuranceandriskcoverage
84
1.1.8 • Commitments 85
1.1.9 • Recent events, outlook and strategy 86
1.1.9.1•Recentdevelopments 86
1.1.9.2•Marketoutlook 86