Ubisoft 2014 Annual Report Download - page 156

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Financial statements
2014
151
Committed lines of credit
07/22/14
15,000
10,000
Committed lines of credit
09/27/14
10,000
10,000
Foreign exchange hedges
210,206
112,928
Canadian dollar
Forward purchase
April 2013
13,824
Forward purchase
April 2014
30,213
Forward purchase
April 2014
6,568
Forward purchase
May 2014
6,568
Forward purchase
June 2014
6,568
Forward purchase
July 2014
6,568
Forward purchase
August 2014
6,568
Forward purchase
September 2014
6,568
Forward purchase
October 2014
6,568
Forward purchase
November 2014
6,568
US dollar
Forward purchase
April 2013
67,499
Forward purchase
April 2014
66,652
Forward sale
April 2014
31,783
Pound sterling
Forward purchase
April 2013
16,556
Forward purchase
April 2014
12,074
Forward sale
April 2014
3,381
Swedish krona
Forward purchase
April 2013
3,830
Forward purchase
June 2014
4,694
Danish krona
Forward purchase
June 2014
2,009
Yen
Forward purchase
April 2013
4,137
Forward sale
April 2013
1,390
Forward purchase
June 2014
2,809
Rupee
Forward purchase
October 2013
2,343
Forward purchase
October 2014
1,974
2,343
Singapore dollar
Forward purchase
April 2013
1,006
Forward purchase
April 2014
2,073
(1) Only commitments of over €500 thousand are described.
LEASES
- Finance leases:
Initial value
Amortization
Net amount
Lease payments made
Remaining lease
payments
Residual value
-1 year
+ 1 year
1,380
470
910
147
151
500
-
The finance leases relate to one building and transport equipment.
- Operating leases:
These primarily include €24,116 thousand in property leases, none of which exceed 10 years.
OTHER COMMITMENTS
The Group has no other material off-balance sheet commitments.
1.6.9.4 STAFF
Permanent staff broke down as follows at March 31, 2014:
03/31/14
03/31/13
Americas
3,885
3,593
EMEA/Pacific
5,396
4,684
TOTAL
9,281
8,277
The average headcount in 2013/2014 was 9,023.