Ubisoft 2010 Annual Report Download - page 39

)LQDQFLDO5HSRUW





),1$1&,$/$1'$&&2817,1*5,6.6

7KHUHOLDELOLW\RIILQDQFLDODQGDFFRXQWLQJLQIRUPDWLRQULVNPDQDJHPHQWDQGWKHUHODWHGLQWHUQDOFRQWURO
V\VWHPDUHH[SODLQHGLQWKHUHSRUWE\WKH&KDLUPDQRIWKH%RDUGRI'LUHFWRUVRQWKHLQWHUQDOFRQWURO
SURFHGXUHVLPSOHPHQWHGE\WKH&RPSDQ\

&+$//(1*(6,1+(5(17,1,1)250$7,216(&85,7<

/LNH DQ\ RWKHULQWHUQDWLRQDO&RPSDQ\ ZLWK D VWURQJ SUHVHQFH RQ WKH,QWHUQHW8ELVRIW LVH[SRVHG WR
PXOWLSOH SUHUHTXLVLWHV VXFK DV FKDQJHV LQ UHJXODWLRQV DQG VWDQGDUGV UHODWHG WR GDWD SURWHFWLRQ
PDQDJHPHQW RI VHQVLWLYH GDWD DQG DOVR IDFHV QXPHURXV WKUHDWV LQ PDQ\ DUHDV PRELOLW\ VROXWLRQV
VRFLDOQHWZRUNLQJRQOLQHVHUYLFHVDQGJDPHVSDUWQHUVKLSVIRUGHYHORSPHQWWRPHQWLRQMXVWDIHZ
,QIRUPDWLRQLVDVWUDWHJLFUHVRXUFHWKDWUHSUHVHQWVFRQVLGHUDEOHYDOXHIRU8ELVRIWDQGPXVWEHVXLWDEO\
SURWHFWHG+HQFH8ELVRIW¶VVHFXULW\GHSDUWPHQWLVUHVSRQVLEOHIRUSURWHFWLQJLQIRUPDWLRQIURPH[WHUQDO
DQG LQWHUQDO WKUHDWV LQ RUGHU WR JXDUDQWHH LWV FRQILGHQWLDOLW\ LQWHJULW\ DQG DYDLODELOLW\ DQG WR HQVXUH
EXVLQHVVFRQWLQXLW\7RDFKLHYHWKLV8ELVRIWLVLQYHVWLQJPRUHDQGPRUHKHDYLO\LQVSHFLDOLVWUHVRXUFHV
WRUHGXFHFXUUHQWULVNVDQGWRLQFUHDVHRXUDELOLW\WRDQWLFLSDWHIXWXUHWKUHDWV
(IIRUWV KDYH EHHQ FRQWLQXHG ZLWK UHJDUG WR SROLFLHV DQG VWDQGDUGV DQG ERWK WHFKQLFDO DQG KXPDQ
UHVRXUFHVGHGLFDWHGWRYDULRXVLQLWLDWLYHVLQSURJUHVVVHFXULW\UHOD\SRLQWVDUHQRZLQSODFHDWDOOWKH
*URXS¶V VXEVLGLDULHV WR KDQGOH ORFDO SUREOHPV DQG UHOD\ LQIRUPDWLRQ $ FHQWUDOL]HG LQFLGHQW
PDQDJHPHQW V\VWHP LV LQ SODFH D VHFXUH DQG VWDQGDUGL]HG VROXWLRQ IRU WHOHZRUNLQJ HQDEOLQJ
HQKDQFHPHQW RI WKH FROODERUDWLRQ ZLWKLQ WKH *URXS DQG ZLWK RXU QXPHURXV SDUWQHUV ,QWHUQDO DQG
H[WHUQDO DXGLWV DUH FRQGXFWHG UHJXODUO\ IRU WKH SXUSRVHV RI YDOLGDWLQJ WKH YDULRXV DUFKLWHFWXUHV DQG
WHFKQRORJLFDO FKRLFHV ZLWKLQ RXU SURMHFW SRUWIROLR8ELVRIW LV FOHDUO\ DGDSWLQJ DQG SURJUHVVLQJ E\
PRGLI\LQJ LWV DSSURDFK WR ULVN PDQDJHPHQW LQ RUGHU WR PHHW IXWXUH FKDOOHQJHV LQ DQ HQYLURQPHQW
ZKHUHWHFKQRORJLHVDUHFRQVWDQWO\HYROYLQJ

 0$5.(75,6.6
),1$1&,$/5,6.6
,Q WKH FRXUVH RI LWV EXVLQHVV WKH *URXS LV H[SRVHG WR YDU\LQJ GHJUHHV RI ILQDQFLDO ULVN IRUHLJQ
H[FKDQJHILQDQFLQJOLTXLGLW\LQWHUHVWUDWHFRXQWHUSDUW\ULVNDQGHTXLW\ULVN
*URXSSROLF\FRQVLVWVRI
x PLQLPL]LQJ WKH LPSDFW RI LWV H[SRVXUH WR PDUNHW ULVNV RQ ERWK LWV LQFRPH DQG WR D OHVVHU
H[WHQWLWVEDODQFHVKHHW
x WUDFNLQJ DQG PDQDJLQJ WKLV H[SRVXUH FHQWUDOO\ ZKHQHYHU UHJXODWRU\DQGPRQHWDU\
FLUFXPVWDQFHVDOORZ
x XVLQJGHULYDWLYHVIRUKHGJLQJSXUSRVHVRQO\

7KH ULVN PDQDJHPHQW SROLF\ DQG LWV RUJDQL]DWLRQ ZLWKLQ WKH *URXS ± QRWDEO\ WKURXJK WKH 7UHDVXU\
'HSDUWPHQW DWWDFKHG WR WKH )LQDQFH 'HSDUWPHQW ± DUH GHVFULEHG LQ WKH &KDLUPDQ¶V LQWHUQDO DXGLW
UHSRUW
$GGLWLRQDOLQIRUPDWLRQDQGILJXUHVRQH[SRVXUHWRWKHVHGLIIHUHQWULVNVDUHGHWDLOHGLQ1RWHWRWKH
FRQVROLGDWHGILQDQFLDOVWDWHPHQWV