Ubisoft 2012 Annual Report Download - page 149

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Financial Statements
2012
144
Note 13. Provisions in the balance sheet
At 03/31/11
Provisions
for the
period
Reversals
for the
period
Reclassificati
ons
At 03/31/12
Provisions for risks
Foreign exchange risks
874
1,518
874
-
1,518
For subsidiary risks
-
1,407
-
-
1,407
For lawsuits
-
270
-
700 *
970
Provisions for impairment
Equity investments
2,140
10
1,024
-
1,126
Other non-current investments
87
87
-
-
TOTAL at 03/31/12
3,101
3,205
1,985
700
5,021
TOTAL at 03/31/11
1,419
2,316
721
-
3,014
* See 1.5.2 Comparability of financial statements
Details of the changes in provisions on equity investments are provided in note 3. Non-current
financial assets.
Note 14. Equity
Capital
At March 31, 2012, Ubisoft Entertainment SA had equity of €7,369,475.16 divided into 95,090,002
shares.
Number of Ubisoft Entertainment SA shares
At 04/01/11
94,727,890
Option exercises
34,646
Bonus share grants
277,000
Group savings scheme
50,466
At 03/31/12
95,090,002
The maximum number of shares to be created is 17,518,199:
- 16,573,169 through the exercising of stock options;
- 945,030 through the allocation of bonus shares.
Stock options
The increase in capital and premiums over the past financial year was partly driven by the exercise of
stock options. For the record, the conditions of exercise, subject to satisfaction of presence and
performance requirements for corporate officers and to the satisfaction of attendance requirements for
employee beneficiaries of stock option plans, are as follows: