Ubisoft 2016 Annual Report Download - page 126

Download and view the complete annual report

Please find page 126 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
5Consolidated fi nancial statements asatMarch31, 2016
Non-current assets Opening
balance Increase Decrease
Reclassifi cation
of software
inprogress Reclassifi cations Changes
inscope
Foreign
exchange
gains and
losses Closing
balance
Released commercial
software 697,688 51,818 (318,977) 383,207 - - (21) 813,715
Released external
software developments 119,459 4,549 (49,268) 16,643 (17) (18,720) - 72,646
Commercial software in
production 398,728 381,520 - (383,207) - 5,512 (5,235) 397,318
External software
developments in
progress 28,494 21,803 - (16,643) - (4,677) - 28,977
Offi ce software 60,927 3,194 (3,648) - 4,840 211 (1,507) 64,017
Other intangible assets
in progress 5,667 4,376 (78) - (4,840) - (4) 5,121
Brands 82,441 - (10) - - - (4,756) 77,675
Movies being marketed 10,952 (222) (1,626) - 6,818 - - 15,922
Movies in production 9,353 31,474 - - (6,818) - - 34,009
Other 808 - (334) - - - (7) 467
TOTAL AT 03/31/16
1,414,517
498,512 (373,941) - (17) (17674 ) (11,530)
1,509,867
TOTAL AT 03/31/15
1,395,323
433,403 (426,861) - (161) - 12,814
1,414,517
The increase in commercial software in production of €381,520 thousand and in released commercial software of €51,818 thousand can
be explained by the capitalized production costs of €433,788 thousand, and foreign exchange losses of €(450) thousand. Reclassifi cations
between accounts result mainly from the transfer of intangible assets in progress and from the acquisition of Ivory Tower SAS during
the year.
Depreciation and amortization Opening
balance Increase Decrease Reclassifi cations Changes
inscope
Foreign
exchange
gains and
losses Closing
balance
Released commercial software 633,700 344,302 (318,977) 41,241 - (23) 700,243
Released external software developments 108,463 22,783 (49,268) (17) (17,607) - 64,354
Commercial software in production 47,168 24,065 - (41,241) - - 29,992
External software developments in progress - 6,017 - - - - 6,017
Offi ce software 41,262 9,293 (3,628) - 171 (1,313) 45,785
Brands 1,317 231 (10) - - - 1,538
Movies being marketed 9,756 5,792 (1,626) - - - 13,922
Other 626 111 (316) - - (7) 414
TOTAL AT 03/31/16 842,292 412,594 (373,825) (17) (17436) (1,343) 862,265
TOTAL AT 03/31/15 796,800 468,244 (426,860) - (4) 4,112 842,292
No intangible assets are used to secure any borrowings.
- Registration Document 2016
124