Ubisoft 2016 Annual Report Download - page 123

Download and view the complete annual report

Please find page 123 of the 2016 Ubisoft annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 216

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216

Financial statements
5
Consolidated fi nancial statements asatMarch31, 2016
SCOPE OF CONSOLIDATION
As at March 31, 2016, 63 entities were consolidated (62 entities as
at March 31, 2015).
Only signifi cant entities are presented in the table below.
The signifi cance of entities is assessed according to their contribution
to capitalized production costs and their contribution to Group sales.
Other subsidiaries and special purpose entities whose contribution
is not signifi cant are not included in this list.
Company Country Percentage
control Percentage of
capital Method Business
Ubisoft EntertainmentSA France Parent company Parent company FC
Ubisoft Ltd United Kingdom 100% 100% FC Distribution
UbisoftInc. United States 100% 100% FC Distribution
Ubisoft GmbH Germany 100% 100% FC Distribution
Ubisoft Srl Romania 100% 100% FC Production
Ubisoft EntertainmentInc. Canada 100% 100% FC
Production/
Distribution
Ubisoft FranceSAS France 100% 100% FC Distribution
Shanghai Ubi Computer Software Co. Ltd China 100% 100% FC Production
Ubisoft EMEASAS France 100% 100% FC Distribution
Ubisoft Production InternationaleSAS France 100% 100% FC Production
Ubisoft TorontoInc. Canada 100% 10 0% FC Production
Ubisoft MontpellierSAS France 100% 100% FC Production
Ubisoft ParisSAS France 100% 100% FC Production
Ubisoft Entertainment Sweden AB Sweden 100% 100% FC Production
FC = Full consolidation
The closing date of the annual accounting period for consolidated
companies is March 31. Certain companies use December 31 as
their closing date, but draw up fi nancial statements for the period
from April 1 to March 31 for the purposes of consolidated reporting.
Changes in scope
Scope changes and their impact on the comparability of fi nancial
statements are described in paragraph 5.1.6.
- Registration Document 2016 121