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UBISOFT • FINANCIAL REPORT 2008
Changes in the scope of consolidation
Gameloft
Following the deal with Calyon described in Section 2.5.1,
the unsold stock was reclassified from “investments in
associates” to “assets held for sale”. These assets available
for sale are measured at fair value through equity.
The impact of changes in scope is explained in Section 2.5.5
Note 10.
Acquisitions
April 2007: acquisition of the software publisher
Sunflowers GmbH. As a result of this acquisition, Ubisoft
Entertainment SA acquired a 30% share interest in
Related Designs Software GmbH.
January 2008: acquisition of 100% of the Japanese studio
Digital Kids Co. Ltd. Ubisoft Entertainment SA already
distributed the games developed by Digital Kids for the
DS.
The impact of the acquisitions is explained in Section
2.5.7.2 Business combinations.
Creations of new companies:
September 2007: establishment of Ubisoft Operational
Marketing SARL;
September 2007: establishment of the studio Chengdu
Computer Software Co. Ltd.;
December 2007: establishment of Ubisoft Counsel &
Acquisitions SARL;
December 2007: establishment of Ubisoft Studios
Montpellier SARL;
February 2008: establishment of the studio Ubisoft
Singapore Pte Ltd.;
March 2008: establishment of Ubisoft Limited.
Equity investments
August 2007: acquisition of a 25% interest in the German
company Avator Entertainment GmbH, a studio created to
develop the Anno game on line.
March 2008: disposal of the 25% interest in the German
company Avator Entertainment GmbH.
Note 1 Goodwill
Goodwill broke down as follows as of March 31, 2008:
Change in gross amount of goodwill
Notes to the balance sheet
2.5.5
Existing company Gross as of Increases Decreases Translation Gross as of
03.31.07 adjustments 03.31.08
Ubisoft Inc. 178 178
Ubisoft Ltd 1,027 (131) 896
Ubisoft GmbH 12,805 12,805
Red Storm Entertainment Inc. 41,388 (6,527) 34,861
Ubisoft Spa 3,215 3,215
Ubisoft Canada Inc. 1,748 (93) 1,655
Tiwak SAS 760 760
Ubisoft Divertissements Inc. 435 (23) 412
Blue Byte GmbH 3 3
Ubisoft France SAS 10,103 10,103
Ubisoft BV 2,294 2,294
Ubisoft Warenhandels GmbH 442 442
Ubi Games SA 1,270 41 1,311
Ubisoft Entertainment Ltd 1,819 (212) 1,607
Digital Kids 1,176 1,176
Sunflowers Entertainment GmbH 12,753 12,753
Total 77,487 13,929 (6,945) 84,471