Ubisoft 2016 Annual Report Download - page 130

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Financial statements
5Consolidated fi nancial statements asatMarch31, 2016
NOTE9 CASH AND CASH EQUIVALENTS
03/31/16 03/31/15
Cash and bank balances 422,123 423,969
Investments of less than 3 months* 39,252 232,692
TOTAL 461,375 656,661
* UCITS measured at fair value (level 1, IFRS7 hierarchy)
The amounts presented in cash and cash equivalents are immediately available to the Group and have a negligible risk of changes in value.
The change in net cash breaks down as follows:
03/31/16 03/31/15
Cash and cash equivalents 461,375 656,661
Bank overdrafts (205,687) (151,445)
CASH AND CASH EQUIVALENTS ON THE CASH FLOW STATEMENT* 255,688 505,215
* See section5.1.5
NOTE10 EQUITY
Capital
As at March 31, 2016, the capital of Ubisoft Entertainment SA was
€8,710,056 divided into 112,387,818 shares with a nominal value
of €0.0775.
Each share gives rights to ownership of the corporate assets and
the liquidation dividend equal to the proportion of the share capital
that it represents.
Voting rights double those conferred on other shares, based on the
proportion of the share capital they represent, are granted to all
fully paid-up shares that are shown to have been registered in the
name of the same shareholder for at least two years.
In the event of a share capital increase via the capitalization of
reserves, earnings or issue premiums, this right is also conferred
at the date of issue on registered shares granted free of charge to
a shareholder on the basis of old shares that enjoyed this right.
NUMBER OF UBISOFT ENTERTAINMENTSA SHARES:
AT 04/01/15 109,396,612
Option exercises 2,549,595
Free share grants 128,195
Group savings scheme 134,116
Reserved capital increase 179,300
AT 03/31/16 112,387,818
The maximum number of shares to be created is 7,283,147:
♦ 2,634,721 through the exercising of stock options;
♦ 4,648,426 through the allocation of free shares.
The details of stock options and free shares are given in Note 13.
- Registration Document 2016
128