Ubisoft 2012 Annual Report Download - page 107

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Financial Statements
2012
102
Depreciation and
amortization
Opening
balance
Increase
Decrease
Reclassifications
Changes
in scope
Translation
adjustments
Closing
balance
Buildings
373
127
-
-
-
9
509
Fixtures and fittings
11,420
2,630
1,752
3
3
293
12,597
Computer hardware and
furniture
40,089
7,961
3,509
-201
382
1,439
46,161
Development kits
15,330
1,683
595
268
-
122
16,808
Transport equipment
317
110
223
-
-
4
208
Total at 03/31/12
67,529
12,511
6,079
70
385
1,867
76,283
Total at 03/31/11
47,052
12,475
2.782
11,006
424
(646)
67,529
No property, plant or equipment is used to secure any borrowings.
As at March 31, 2012, no impairment test was performed because there was no indicator of
impairment of property, plant and equipment.
Note 4. Investments in associates
Opening
balance
Gross
Increase
Decrease
Reclassifications
Closing
balance
Gross
Goodwill
230
-
-
-
230
Share of equity
163
11
-
-
174
Total investments in associates 03/31/12
393
11
-
-
404
Total Investments in associates 03/31/11
393
-
-
-
393
This is Related Designs Software GmbH in which Ubisoft Entertainment SA indirectly holds a 30%
stake.
Note 5. Non-current financial assets
Non-current financial assets
At 03/31/12
Cumulative
impairment
At 03/31/12
At 03/31/11
Gross
Net
Net
Equity investments in non-consolidated companies
462
253
209
207
Deposits and sureties
3,036
-
3,036
2,982
Other non-current receivables
97
-
97
146
TOTAL
3,595
253
3,342
3,335
Non-current financial assets
Opening
balance
Increase
Decrease
Reclassifications
Changes
in scope
Translation
adjustments
Closing
balance
Equity investments in non-
consolidated companies
460
2
-
-
-
-
462
Deposits and sureties
2,982
907
1,049
39
73
84
3,036
Other non-current receivables
146
5,392
5,406
-37
-
2
97
Total at 03/31/12
3,588
6,301
6,455
2
73
86
3,595
Total at 03/31/11
3,870
16,122
17,003
-
564
35
3,588
The change in other non-current receivables primarily reflects purchases and sales of treasury shares
held under the liquidity agreement.
Write-downs
Opening
balance
Increase
Decrease
Reclassifications
Changes
in scope
Translation
adjustments
Closing
balance
Equity investments in non-
consolidated companies
253
-
-
-
-
-
253
Total at 03/31/12
253
-
-
-
-
-
253
Total at 03/31/11
257
-
-
-
-4
-
253