Ubisoft 2009 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2009 Ubisoft annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 212

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212

9
1.1.1.3 Key figures
The consolidated financial statements for the year ended March 31, 2010 have been prepared in accordance
with the International Financial Reporting Standards (IFRS) applicable at March 31, 2010, as adopted by the
European Union.
Only the standards approved by the European Commission and published in its official journal before March
31, 2010, and whose application was mandatory as of April 1, 2009, have been applied by the Group to the
consolidated financial statements for the year ended March 31, 2010. No standard or interpretation whose
application has become mandatory since March 31, 2010 has been applied early to the consolidated
financial statements for the year ended March 31, 2010.
The IFRS standards as adopted by the European Union differ in some ways from the IFRS standards
published by the IASB. However, the Group has made sure that the financial information presented would
not have been substantively different if it had applied IFRS standards as published by the IASB.
The Group applied the following for the first time as of April 1, 2009:
- IFRS 8 "Operating Segments”. The application of this standard has very little impact on the segment
reports provided, insofar as these reports were already aligned with the segments monitored operationally by
management.
- IAS 1 (revised) “Presentation of Financial Statements”. The Group has chosen to present two separate
statements: one statement giving a breakdown of components in the net profit (loss) “Consolidated income
statement” and one statement giving a breakdown of losses and gains recognized directly in equity
“Statement of net income and of gains and losses recognized directly in equity”.
The other elements impacting the comparability are detailed in the point « Comparability of financial
statements» in Note to the consolidated financial statements.
In thousands of euros03.31.10 03.31.09
Sales870,954 1,057,926
Operating profit (loss)-72,096 113,464
Net financial income4,750 -4,840
Share in profit of associates 50 15
Income tax (credit)23,624 -39,791
Net income (group share) -43,672 68,848
Equity761,471 751,756
Capital expenditure on internal production260,806 208,748
Staff6,402 5,765