Ubisoft 2016 Annual Report Download - page 124

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Financial statements
5Consolidated fi nancial statements asatMarch31, 2016
NOTES TO THE BALANCE SHEET
NOTE1 GOODWILL
Goodwill Opening
balance Increase Decrease Changes
inscope
Foreign
exchange gains
and losses Closing
balance
Net 129,906 - (20,777) - (2,935) 106,194
NET AT 03/31/16 129,906 - (20,777) - (2,935) 106,194
NET AT 03/31/15 138,335 - (19,154) - 10,725 129,906
The change in goodwill, at constant exchange rates, can be attributed to impairments recognized as a result of impairment tests on
March 31, 2016 (See Note 21).
The net carrying amount of goodwill as at March 31, 2016 is allocated as follows:
CGU
At 03/31/15
Increase Decrease
Foreign
exchange gains
and losses
At 03/31/16
Gross Gross
Publishing/production 59,606 (1,410) 58,196
Distribution 26,537 (8,817) (202) 17,518
Distribution Germany 12,718 (6,929) 5,789
Distribution France 10,103 10,103
Distribution Switzerland 1,972 (1,888) (84) -
Distribution Canada 1,744 (118) 1,626
Production/distribution 43,763 (1,323) 42,440
TOTAL 129,906 - (8,817) (2,935) 118,154
CGU
At 03/31/15
Increase Decrease
Foreign
exchange gains
and losses
At 03/31/16
Impairment Impairment
Publishing/production - -
Distribution - 10,279 (8,817) 1,462
Distribution Germany - 6,929 (6,929) -
Distribution France - 1,462 1,462
Distribution Switzerland - 1,888 (1,888) -
Distribution Canada - -
Production/distribution - 10,498 10,498
TOTAL - 20,777 (8,817) 11,960
- Registration Document 2016
122