Ubisoft 2013 Annual Report Download - page 167

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Financial Statements
2013
162
NOTES TO THE INCOME STATEMENT
3.5.6
Note 18. Production for the period
Production for the period comprises:
- Revenue, essentially made up of intra-group invoicing of royalties.
- Capitalized production reflecting development costs outsourced to subsidiaries and external
developers.
03/31/13
03/31/12
Revenue
548,202
427,134
Capitalized production costs for commercial software
362,006
324,140
Capitalized production costs for external developments
23,390
31,273
Production for the period
933,598
782,547
The breakdown of revenue by geographic region was as follows:
03/31/13
03/31/12
€ thousand
Percentage
€ thousand
Percentage
Europe
214,432
39%
155,850
36%
North America
302,225
55%
244,882
58%
Asia
19,008
4%
17,377
4%
Rest of the world
12,537
2%
9,025
2%
Revenue
548,202
100%
427,134
100%
Note 19. Other operating income and reinvoiced costs
03/31/13
03/31/12
Reversals of provisions on commercial software developments*
204,977
247,191
Provisions for risks and charges
970
-
Reinvoiced costs
7,303
14,151
Income from other ordinary revenue transactions
13
9,683
TOTAL
213,263
271,025
* See details in note 21
Reinvoiced costs essentially include overheads, travel and similar costs reinvoiced to Group
companies.
Note 20. Other purchases and external expenses
03/31/13
03/31/12
Production services
subcontracted to subsidiaries
421,333
368,027
Production services subcontracted to external developers
24,086
32,774
Other purchases and external expenses
101,238
125,786
TOTAL
546,657
526,587
Other purchases and external expenses consist mainly of advertising expenses, royalties and property
and equipment lease payments.