Ubisoft 2010 Annual Report Download - page 81
Download and view the complete annual report
Please find page 81 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.)LQDQFLDO6WDWHPHQWV
,$6UHYLVHG([SRVXUHVTXDOLI\LQJIRUKHGJHDFFRXQWLQJ
,)56UHYLVHG)LUVWWLPHDGRSWLRQRI,)56
,)5,&±$JUHHPHQWIRUWKHFRQVWUXFWLRQRI5HDO(VWDWH
,)5,&±+HGJHVRIDQHW,QYHVWPHQWLQD)RUHLJQ2SHUDWLRQ
,)5,&'LVWULEXWLRQVRIQRQFDVKDVVHWVWRRZQHUV
,)5,&±7UDQVIHUVRIDVVHWVIURPFXVWRPHUV
$PHQGPHQWVWR,)56±*URXSFDVKVHWWOHGVKDUHEDVHGSD\PHQWV
$PHQGPHQWVWR,)56$GGLWLRQDOH[HPSWLRQVIRUILUVWWLPHDGRSWHUV
$PHQGPHQWVWR,$6&ODVVLILFDWLRQRIULJKWVLVVXHV
7KHLPSURYHPHQWVPDGHWRLQWHUQDWLRQDOILQDQFLDOUHSRUWLQJVWDQGDUGVLQ
2SWLRQVXVHGZKHQSUHSDULQJILQDQFLDOLQIRUPDWLRQGXULQJWKHWUDQVLWLRQWR,)56
,QDFFRUGDQFHZLWKWKHSURYLVLRQVRI,)56WKH*URXSRSWHGIRUWKHIROORZLQJH[HPSWLRQVIURPWKH
JHQHUDOSULQFLSOHRIUHWURVSHFWLYHO\DSSO\LQJ,)56ZKHQGUDZLQJXSLWVRSHQLQJEDODQFHVKHHWIRU
DQGSUHSDULQJLWVILUVW,)56DFFRXQWV
6WDQGDUGV
2SWLRQFKRVHQ
,)56
6KDUHEDVHGSD\PHQWV
7KH*URXSKDVFKRVHQWRDSSO\,)56RQO\WRHTXLW\LQVWUXPHQWVLVVXHG
DIWHU1RYHPEHUIRUZKLFKULJKWVKDGQRW\HWYHVWHGDW'HFHPEHU
6LPLODUO\ OLDELOLWLHV UHVXOWLQJ IURP WUDQVDFWLRQV IRU ZKLFK
SD\PHQW LV EDVHG RQ VKDUHV DQG ZKLFK KDG EHHQ VHWWOHG EHIRUH
'HFHPEHUKDYHQRWEHHQUHVWDWHG
,)56
%XVLQHVVFRPELQDWLRQV
7KH *URXS KDV QRW PDGH DQ\ UHWURVSHFWLYH DGMXVWPHQWV IRU EXVLQHVV
FRPELQHGEHIRUH-DQXDU\
,$6
3HQVLRQFRPPLWPHQWVDQGVLPLODU
HPSOR\HHEHQHILWV
7RWDOXQUHFRJQL]HGDFWXDULDOGLIIHUHQFHVOLQNHGWRWKHFRUULGRUH[LVWLQJRQ
WKH WUDQVLWLRQ GDWH KDYH EHHQ IXOO\ UHFRJQL]HG XQGHU EDODQFH VKHHW
OLDELOLWLHVE\ZULWLQJRIIDJDLQVWHTXLW\
,$6
7UDQVODWLRQDGMXVWPHQWVGXHWR
IRUHLJQDFWLYLWLHV
7UDQVODWLRQGLIIHUHQFHVDW-DQXDU\UHODWLYHWRWKHH[FKDQJHUDWHV
XVHGIRURYHUVHDVDFWLYLWLHVLQILQDQFLDOVWDWHPHQWVKDYHEHHQUHERRNHG
XQGHUFRQVROLGDWHGUHVHUYHVLQWKHWUDQVLWLRQDOEDODQFHVKHHW
,$6
)LQDQFLDOLQVWUXPHQWV
&HUWDLQ ILQDQFLDO LQVWUXPHQWV KDYH EHHQ FODVVHG DV ILQDQFLDO DVVHWV
KHOG
IRU
VDOH RU ILQDQFLDO DVVHWV DW IDLU YDOXH WKURXJK SURILW DQG ORVV
IURPWKHDSSOLFDWLRQGDWHRI,$6DQGQRWIURPWKHLULQLWLDOUHFRJQLWLRQ
6WDQGDUGVSXEOLVKHGEXWZKRVHDSSOLFDWLRQLVQRW\HWPDQGDWRU\
8ELVRIW KDV QRW RSWHG IRU DQ HDUO\ DSSOLFDWLRQ RI WKHQHZVWDQGDUGV DPHQGPHQWVRU LQWHUSUHWDWLRQV
SXEOLVKHGDW0DUFKDGRSWHGRUEHLQJDGRSWHGE\WKH(XURSHDQ8QLRQDQGSUHVHQWHGEHORZ
6WDQGDUGV
&RQVHTXHQFHVIRUWKH*URXS
,$6
UHYLVHG
5HODWHGSDUWLHV
DSSOLFDEOHWRDFFRXQWLQJSHULRGV
VWDUWLQJIURP-XO\
7KH DPHQGPHQWV IRFXV RQ VLPSOLI\LQJ WKH SURYLVLRQV UHJDUGLQJ
GLVFORVXUHV DERXW HQWLWLHV UHODWHG WR SXEOLF DGPLQLVWUDWLRQ DQGWKH
FODULILFDWLRQRIWKHGHILQLWLRQRIDUHODWHGSDUW\
7KLV WH[W ZLOO KDYH QR HIIHFW RQ WKH *URXSV FRQVROLGDWHG ILQDQFLDO
UHSRUWV
,$6
DPHQGHG
'HIHUUHG7D[5HFRYHU\RI
8QGHUO\LQJ$VVHWV
7KH DPHQGPHQW LQWURGXFHV D SUHVXPWLRQ WKDW UHFRYHU\ RI WKH FDUU\LQJ
DPRXQW ZLOO QRUPDOO\ EH EH WKURXJK VDOH XQOHVV WKH HQWLW\ SURYH
UHFRYHU\ZLOORFFXUE\DQRWKHUZD\
7KLV WH[W ZLOO KDYH QR HIIHFW RQ WKH *URXSV FRQVROLGDWHG ILQDQFLDO
UHSRUWV
,)56
DPHQGHG
/LPLWHGH[HPSWLRQIURP
FRPSDUDWLYH,)56GLVFORVXUHV
IRUILUVW
WLPHDGRSWHUV
DSSOLFDEOHWRDFFRXQWLQJSHULRGV
VWDUWLQJIURP-XO\
7KHDPHQGPHQWVWR,)56LVWRDOORZILUVWWLPHDGRSWHUVWREHQHILWIURP
WKHH[HPSWLRQIURPWKHUHTXLUHPHQWWRSURYLGHFRPSDUDWLYHLQIRUPDWLRQ
XQGHU ,)56 )LQDQFLDO ,QVWUXPHQWV 'LVFORVXUHV” LQ UHODWLRQ WR
DVVHVVPHQWVDWIDLUYDOXHDQGOLTXLGLW\ULVNVIRUDQQXDOSHULRGVSUHVHQWHG
IRUFRPSDULVRQSXUSRVHVHQGLQJEHIRUH'HFHPEHU
7KLV WH[W ZLOO KDYH QR HIIHFW RQ WKH *URXSV FRQVROLGDWHG ILQDQFLDO
UHSRUWV
,)56
)LQDQFLDO,QVWUXPHQWV
FODVVLILFDWLRQDQGPHDVXUHPHQW
RIILQDQFLDODVVHWVDQGOLDELOLWLHV
,)56 XVH D VLQJOH UXOH WR GHWHUPLQH ZKHWKHU D ILQDQFLDO DVVHWLV
PHDVXUHG DW DPRUWLVHG FRVW RU IDLU YDOXH UHSODFLJ WKH PDQ\ GLIIHUHQW
UXOHVLQ,$6
,)5,&
([WLQJXLVKLQJILQDQFLDOOLDELOLWLHV
ZLWKHTXLW\LQVWUXPHQWV
DSSOLFDEOHWRDFFRXQWLQJSHULRGV
VWDUWLQJIURP-XO\
7KLVWH[WFODULILHVWKHDFFRXQWLQJIRUWKHIDLUYDOXHRIHTXLW\LQVWUXPHQWV
LVVXHG
7KLV WH[W ZLOO KDYH QR HIIHFW RQ WKH *URXSV FRQVROLGDWHG ILQDQFLDO
UHSRUWV
,)56
DPHQGHG
3UHSD\PHQWRIPLQLPXPIXQGLQJ
UHTXLUHPHQW
DSSOLFDEOHWRDFFRXQWLQJSHULRGV
VWDUWLQJIURP-DQXDU\
7KHDPHQGPHQWVWR,)5,&SURYLGHVWKDWZKHQDEHQHILWSODQIRUVWDII
UHTXLUHVPLQLPXPFRQWULEXWLRQVVXFKSUHSD\PHQWVVKDOOEHUHFRJQL]HG
DVDQDVVHWDVVKDOODQ\RWKHUSD\PHQWLQDGYDQFH
7KLV WH[W ZLOO KDYH QR HIIHFW RQ WKH *URXSV FRQVROLGDWHG ILQDQFLDO
UHSRUWV