Ubisoft 2010 Annual Report Download - page 180
Download and view the complete annual report
Please find page 180 of the 2010 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.&RUSRUDWH,QIRUPDWLRQ
UHVROYHVWKDWDQ\DPRXQWDFFUXLQJRUWKDWVKRXOGDFFUXHWRWKH&RPSDQ\IRUHDFKRIWKHVKDUHV
DQG VHFXULWLHV JUDQWLQJ HQWLWOHPHQW WR WKH FDSLWDO WKDW DUH RU VKDO
O EH LVVXHG XQGHU WKH SUHVHQW
DXWKRUL]DWLRQ VKDOO DIWHU LQFOXVLRQ RI WKH ZDUUDQW LVVXH SULFH LQ WKH FDVH RI WKH LVVXH RI VKDUH
VXEVFULSWLRQ ZDUUDQWV EH DW OHDVW HTXDO WR WKH PLQLPXP SULFH SURYLGHG IRU XQGHU OHJDO DQGRU
UHJXODWRU\SURYLVLRQVDSSOLFDEOHR
QWKHGDWHRIWKHLVVXHUHJDUGOHVVRIZKHWKHUWKHVHFXULWLHVWREH
LVVXHGLPPHGLDWHO\RULQWKHIXWXUHDUHFRPSDUDEOHWRWKHVKDUHVWKDWKDYHDOUHDG\EHHQLVVXHG
UHVROYHVWKDWWKHPD[LPXPSULQFLSDODPRXQWRIGHEWVHFXULWLHVPD\QRWH[FHHG¼
RU
WKHHTXLYDOHQWRIWKLVDPRXQWLILVVXHGLQDIRUHLJQFXUUHQF\RUDQ\DFFRXQWLQJXQLWVHVWDEOLVKHG
E\UHIHUHQFHWRDEDVNHWRIFXUUHQFLHVRQWKHGDWHWKHGHFLVLRQLVWDNHQLWEHLQJVWDWHGWKDWWKLV
DPRXQW DSSOLHV WR DOO GHEW VHFXULWLHV LVVXHG XQGHU WKH
DXWKRUL]DWLRQ JUDQWHG WR WKH %RDUG RI
GLUHFWRUVE\WKLVVKDUHKROGHUV¶JHQHUDO0HHWLQJDQGVKDOOEHLQFOXGHGLQWKHOLPLWVWLSXODWHGXQGHU
RIWKHHOHYHQWKUHVROXWLRQ
UHVROYHV WKDW WKH %RDUG RI GLUHFWRUV PD\ XVH WKLV DXWKRUL]DWLRQ WR LVVXH RQ RQH R
U PRUH
RFFDVLRQVVKDUHVDQGRUVHFXULWLHV JUDQWLQJ LPPHGLDWHRUIXWXUHHQWLWOHPHQWWRDSRUWLRQRIWKH
&RPSDQ\¶VVKDUHFDSLWDOLQFRQVLGHUDWLRQIRUVKDUHVLQFOXGHGLQDQ\HTXLW\VZDSRIIHUPDGHE\
WKH&RPSDQ\XQGHU$UWLFOH/RIWKH)UHQFK&RPPHUF
LDO&RGHLQYROYLQJWKHVHFXULWLHVRI
DQRWKHUFRPSDQ\OLVWHGRQRQHRIWKHPDUNHWVFRYHUHGE\VDLG$UWLFOH/
RIWKH)UHQFK
&RPPHUFLDO&RGHDQGIXUWKHUUHVROYHVWRZDLYHVKDUHKROGHUV¶SUHIHUHQWLDOVXEVFULSWLRQULJKWVWR
VDLGVKDUHVDQGVHFXULWLHVLQIDYRURIWKHKROGHUVRIVXFKVKDUHVDQGVHFXULWLHV
7KLV DXWKRUL]DWLRQ HQWDLOV DQ H[SUHVV ZDLYHU RI VKDUHKROGHUV¶ SUHIHUHQWLDO VXEVFULSWLRQ ULJKWV
DWWDFKHGWRWKHVKDUHVWRZKLFKWKHVHVHFXULWLHVPD\JUDQWHQWLWOHPHQWZKHWKHULPPHGLDWHO\RULQ
WKHIXWXUHWRWKHVKDUHFDSLWDORIWKH&RPSDQ\
7KH%RDUGRIGLUHFWRUVPD\ZLWKWKHRSWLRQWRIXUWKHUGHOHJDWHZLWKLQOHJDOSUHVFULEHGPDQQHUV
VHWWKHH[FKDQJHUDWLRDQGZKHUHDSSURSULDWHWKHDPRXQWRIDQ\EDODQFHWREHSDLGLQFDVK
UHFRUGWKHQXPEHURIVKDUHVJLYHQLQH[FKDQJH
VHW WKH DPRXQWV WR EH LVVXHG GHWHUPLQH WKH SURFHGXUHV IRU WKH LVVXH DQG WKH IRUP RI WKH
VHFXULWLHV
UHFRUG WKH GLIIHUHQFH EHWZHHQ WKH LVVXH SULFH RI WKH QHZ VKDUHVDQGWKHLUSDUYDOXHLQD
ʊ&RQWULEXWLRQ SUHPLXP” DFFRXQW XQGHU EDODQF
H VKHHW OLDELOLWLHV LQ ZKLFK DOO VKDUHKROGHUV
ULJKWVVKDOOYHVW
ZKHUHDSSOLFDEOHFKDUJHDOOH[SHQVHVDQGIHHVVWHPPLQJIURPWKHDXWKRUL]HGWUDQVDFWLRQWR
VDLGʊ&RQWULEXWLRQSUHPLXP”DFFRXQW
LQJHQHUDOGR ZKDWHYHULVQHFHVVDU\DQGHQWHU LQWRZKDWHYHU
DJUHHPHQWV DUHQHFHVVDU\WR
VXFFHVVIXOO\FRPSOHWHWKHDXWKRUL]HGWUDQVDFWLRQ
UHVROYHV WKDW LQ DFFRUGDQFH ZLWK WKH SURYLVLRQV RI $UWLFOH /
RI WKH )UHQFK
&RPPHUFLDO&RGHWKLVDXWKRUL]DWLRQLVJUDQWHGWRWKH%RDUGRIGLUHFWRUVIRUDSHULRGR
IWZHQW\
VL[PRQWKVDQGLQUHVSHFWRIWKHXQXVHGSRUWLRQVXSHUVHGHVDQ\SUHYLRXVDXWKRUL]DWLRQKDYLQJ
WKHVDPHSXUSRVH
7KH%RDUGRIGLUHFWRUVVKDOOEHIXOO\HPSRZHUHGZLWKWKHRSWLRQWRIXUWKHUGHOHJDWHZLWKLQOHJDO
SUHVFULEHGPDQQHUVWRLPSOHPHQWWKL
VDXWKRUL]DWLRQDQGLQSDUWLFXODUWRGHFLGHRQWKHGDWHV
WHUPVDQGSURFHGXUHVIRUVXFKLVVXHVDVZHOODVWKHIRUPDQGIHDWXUHVRIWKHVHFXULWLHVWREH
FUHDWHGDSSURYHWKHSULFHWHUPVDQGFRQGLWLRQVDSSOLFDEOHWRWKHLVVXHVVHWWKHDPRXQWVWREH
LVVXHGVHWWKHVXEVFULSWLRQGDWHVDQGFXPULJKWVGDWHV±HYHQEDFNGDWHG±
RIWKHVHFXULWLHVWR
EHLVVXHGGHFLGHRQWKHPDQQHULQZKLFKWKHVKDUHVRURWKHUVHFXULWLHVLVVXHGZLOOEHSDLGXS
WKH OLVWLQJ RI WKH FUHDWHG VHFXULWLHV WKH VHUYLFLQJ RI WKH QHZVKD
UHV DQG WKH H[HUFLVH RI WKH
ULJKWV DWWDFKHG WKHUHWR ZKHUH DSSURSULDWH WR VHW WKHLU VWRFN PDUNHW EX\EDFN WHUPV DQG LQ
JHQHUDO GR ZKDWHYHU LV QHFHVVDU\ DQG HQWHU LQWR DQ\ DJUHHPHQWV LQ RUGHU WR VXFFHVVIXOO\
FRPSOHWHWKHSODQQHGLVVXHVUHFRUGWKHFDSLWDO
LQFUHDVHVUHVXOWLQJIURPDQ\LVVXHVFDUULHGRXW
XQGHUWKLVDXWKRUL]DWLRQDQGDPHQGWKH$UWLFOHVRI$VVRFLDWLRQDFFRUGLQJO\0RUHRYHUWKH%RDUG
RI GLUHFWRUV RU LWV &KDLUPDQ PD\ FKDUJH DQ\ FRVWV LQFXUUHG WR WKH LVVXH SUHPLXPV LQ
SDUWLFXODUH[SHQVHVGXWLHVDQGIHHVVWHPPLQJIURPWKHFDUU\LQJRXWRIWKHLVVXHV