Ubisoft 2014 Annual Report Download - page 144
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Financial statements
2014
139
Reconciliation by accounting class and category
03/31/14
03/31/13
Hierarchy
Amortized
cost
Fair
Amortized
cost
Fair
Notes
IFRS 7
value
value
Assets recognized at fair value
Foreign exchange derivatives
8
2
739
1,236
Stock futures
8
1
793
514
Gameloft shares
8
1
-
5,100
Equity investments in non-consolidated companies
4
2
4
1
Net investment securities
9
1
8,618
42,490
Assets recognized at amortized cost
Trade receivables
6
73,320
36,619
Other trade receivables
7
74,812
105,744
Current tax assets
16,972
15,987
Deposits and sureties
4
3,433
3,756
Other non-current receivables
4
129
87
Cash
9
229,328
195,214
Liabilities recognized at fair value
Foreign exchange derivatives
14
2
(2,151)
(32)
Liabilities recognized at amortized cost
Borrowings
14
(250,611)
(133,184)
Trade payables
16
(93,643)
(75,963)
Other operating liabilities
17
(128,884)
(148,337)
Current tax liabilities
(5,003)
(3,847)
No changes in the fair value hierarchy have been carried out in the measurement of assets and
liabilities at fair value over the past year.
Note 16. Trade payables
Trade payables
At
03/31/13
Gross
Cash flows
from
operating
activities
(result)
Reclassifications
Changes in
scope
Translation
adjustments
At
03/31/14
Gross
Trade payables
75,598
20,541
(451)
142
(3,614)
92,216
Amounts due to suppliers of
non-current assets
365
1,062
-
-
-
1,427
Total at 03/31/14
75,963
21,603
(451)
142
(3,614)
93,643
Total at 03/31/13
80,800
(4,144)
(2,063)
396
974
75,963
Trade payables include commitments made under license agreements for the amount specified in the
agreement including the portion not yet paid.
As at March 31, 2014, these unpaid commitments amounted to €17,105 thousand. These stood at
€13,630 thousand in the previous year.
As these debts are short-term and do not bear interest, a change in interest rates does not represent a
significant interest-rate risk.