Ubisoft 2012 Annual Report Download - page 129

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Financial Statements
2012
124
Transactions carried out by the Company with related parties are concluded under standard market
conditions.
There are no other significant transactions with related parties.
1.6.9.3 OFF-BALANCE SHEET COMMITMENTS
COMMITMENTS RELATED TO COMPANY FINANCING
Type
Description
Expiry at
03/31/12
03/31/11
Commitments given (1)
69,754
60,244
Financial guarantees given by the parent
company to:
Ubisoft Divertissement Inc.
Lease payment guarantee
01/31/23
751
638
Ubisoft Inc.
Guarantee of commercial commitments
End of
commercial
relationship
7,487
7,039
Ubisoft Ltd
Loan guarantee
12/29/11
-
20,000
Ubisoft Ltd
Lease payment guarantee
06/15/16
1,597
1,867
Ubisoft Ltd
Lease payment guarantee
06/15/16
698
795
Ubisoft Reflections Ltd
Lease payment guarantee
12/21/15
853
1,304
Ubisoft Paris SAS
Lease payment guarantee
04/30/18
-
4,483
Ubisoft Paris SAS
Lease payment guarantee
02/28/21
6,281
-
Ubisoft Production Internationale SAS
Payment guarantee for RedLynx Oy
additional price
10/31/14
5,000
-
Ubisoft Entertainment Sweden AB
Lease payment guarantee
12/31/14
565
560
Red Storm Entertainment Inc.
Lease payment guarantee
04/30/19
4,227
4,450
Ubisoft Divertissement Inc.
Lease payment guarantee
07/31/16
631
-
Ubisoft Toronto
Lease payment guarantee
04/30/13
876
1,631
Ubisoft Inc.
Stand-by letter
09/01/12
7,487
7,039
Ubisoft EMEA SAS
Stand-by letter
10/31/12
8,000
10,000
Ubisoft Divertissement Inc.
Loan guarantee
03/31/13
25,000
-
Commitments received (1)
Received and unused credit lines
Syndicated loans
05/18/13
180,000
180,000
Confirmed credit lines
11/20/11
-
10,000
Confirmed credit lines
02/12/12
-
20,000
Confirmed credit lines
05/17/13
50,000
50,000
Confirmed credit lines
05/17/13
20,000
20,000
Confirmed credit lines
04/13/13
25,000
-
Bank credit facilities
74,300
74,500
Foreign exchange hedges
117,089
56,696
Canadian dollar
Forward sale
-
15,823
Forward purchase
April 2012
10,518
7,312
US dollar
Forward purchase
April 2012
71,129
-
Forward purchase
June 2012
7,188
19,597
Forward sale
March 2013
14,975
-
Japanese yen
Forward purchase
-
4,314
Pound sterling
Forward sale
April 2012
1,199
-
Forward purchase
April 2012
9,593
9,091
Swedish krona
Forward purchase
June 2012
2,487
559
(1) Only commitments of over €500 thousand are detailed