Ubisoft 2014 Annual Report Download - page 125

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Financial statements
2014
120
Methods of calculating earnings per share
Earnings per share
Basic earnings per share are equal to earnings divided by the weighted average number of shares in
circulation minus treasury shares.
Diluted earnings per share
Diluted earnings per share are equal to:
- net income before dilution, plus the after-tax amount of any savings in financial expenses
resulting from the conversion of the diluting instruments, divided by
- the weighted average number of ordinary shares in circulation, minus treasury shares, plus
the number of shares that would be created as a result of the conversion of instruments
convertible into shares and the exercise of rights.
Segment reporting
The operating segments reported correspond to the publication/production activities and to
geographical areas in which operational decisions are made.
1.6.6 CONSOLIDATION SCOPE
As at March 31, 2014, 63 entities were consolidated (63 entities as at March 31, 2013).
Only significant entities are presented in the table below. The significance of entities is assessed
according to their contribution to capitalized production costs and their contribution to Group sales.
Other subsidiaries and ad hoc entities whose contribution is not significant are not included in this list.
COMPANY
Country
Percentage
control
Percentage
of capital
Method
Business
UBISOFT ENTERTAINMENT SA
France
Parent
company
Parent
company
FC
UBISOFT LTD
United
Kingdom
100%
100%
FC
Distribution
UBISOFT INC.
United
States
100%
100%
FC
Distribution
UBISOFT GMBH
Germany
100%
100%
FC
Distribution
UBISOFT SRL
Romania
100%
100%
FC
Production
UBISOFT DIVERTISSEMENTS INC.
Canada
100%
100%
FC
Production/distribution
UBISOFT FRANCE SAS
France
100%
100%
FC
Distribution
SHANGHAI UBI COMPUTER SOFTWARE
CO.LTD
China
100%
100%
FC
Production
UBISOFT EMEA SAS
France
100%
100%
FC
Distribution
UBISOFT PRODUCTION INTERNATIONALE
SAS
France
100%
100%
FC
Production
UBISOFT TORONTO INC.
Canada
100%
100%
FC
Production
UBISOFT MONTPELLIER SAS
France
100%
100%
FC
Production
UBISOFT PARIS SAS
France
100%
100%
FC
Production
UBISOFT ENTERTAINMENT SWEDEN AB
Sweden
100%
100%
FC
Production
FC = Full consolidation
The closing date of the annual accounting period for consolidated companies is March 31. Certain
companies use December 31 as their closing date, but draw up financial statements for the period
from April 1 to March 31 for the purposes of consolidated reporting.
Changes in scope
Scope changes and their impact on the comparability of financial statements are described in
paragraph 1.6.3.