Jimmy Butler (Miami Heat) with a dunk vs the Denver Nuggets, 04/14/2021
Jimmy Butler (Miami Heat) with a dunk vs the Denver Nuggets, 04/14/2021
New Delhi [India], May 11 (ANI): Delhi Health Minister, Satyendar Jain on Tuesday informed that the extended facility of Guru Tech Bahadur (GTB) hospital to be operational from tomorrow.
Here are two key headwinds I'd suggest Air Canada (TSX:AC) investors consider before jumping in with both feet today. The post 2 Key Headwinds for Air Canada Stock Investors Should Be Concerned About appeared first on The Motley Fool Canada.
Parker McKenna Posey recently welcomed her first baby with partner Jay Jay Wilson
WASHINGTON (AP) — U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses trying to fine new workers as the country emerges from the pandemic and the economy expands. Yet total job gains increased only modestly, according to a Labor Department report issued Tuesday. The figures follow an April jobs report last week that was far weaker than expected, largely because companies appear unable to find the workers they need, even with the unemployment rate elevated at 6.1%. Job openings rose nearly 8%, to 8.1 million in March, the most on records dating back to December 2000, the government said. Yet overall hiring that month rose less than 4% to 6 million. The hiring number is a gross figure, while the government's jobs report — which said 770,000 jobs were added in March — uses a net total. Tuesday's report is known as the Job Openings and Labor Turnover Survey, or JOLTS. A separate survey of small businesses by the National Federation of Independent Business found that 44% had jobs they couldn't fill, also a record high. The NFIB and JOLTS “add to evidence from the April employment report that labor shortages are widespread, pushing up prices and potentially acting as a brake on the recovery,” said Michael Pearce, an economist at Capital Economics. Job postings rose in most industries, including restaurants, bars and hotels; manufacturing; construction; and retail. They fell in health care and transportation and warehousing. The enormous number of openings will likely add fuel to a political dispute about whether the extra $300 in weekly federal unemployment aid, on top of a state payment that averages about $320, is discouraging those out of work from seeking new jobs. Many Republicans in Congress have argued that it is, and several states have threatened to cut off the $300 payments, with Georgia the latest state to consider such a move. President Joe Biden, who included the extra money in his $1.9 trillion rescue package approved in March, disputed that the $300 supplemental payment is to blame Monday. But he also urged the Labor Department to work with states on renewing requirements that those receiving aid must search for jobs and take a position if offered. The job search rule was suspended during the pandemic, when many businesses were closed. “Anyone collecting unemployment, who is offered a suitable job must take the job or lose their unemployment benefits,” Biden said. Many people out of work are also reluctant to take jobs in service industries that require contact with the public for fear of contracting COVID-19. And many women aren't searching for jobs because they haven't found child care for children that are still at home taking online classes for at least part of the week. Christopher Rugaber, The Associated Press
Spurs were one of the six English clubs who announced they were joining the breakaway league, which quickly folded.
Harry's documentary with Oprah finally has an air date.
UBISOFT REPORTS FULL-YEAR 2020-21 EARNINGS FIGURES Record net bookings and non-IFRS operating incomeRising value of Ubisoft’s portfolio and technology assetsBack catalog share of net bookings firmly above 50% for the 3rd consecutive year2021-22 targets reflecting growth initiatives Ubisoft FY21 Earnings & Sales Full-year net bookings and non-IFRS operating income in line with targets: In €m Reported change vs. 2019-20 In % of total net bookings 12 months 2020-2112 months 2019-20IFRS 15 sales2,223.8+39.4%NANANet bookings2,240.6+46.1%NANADigital net bookings1,609.0+27.6%71.8%82.2%PRI net bookings780.0+11.0%34.8%45.8%Back-catalog net bookings1,288.4+15.5%57.5%72.7%IFRS operating income289.4NANANANon-IFRS operating income473.3NA21.1%2.2% All time high activity with 141 million unique players on PC and consoles, up 20% Significant progression of Ubisoft’s portfolio value over 12 months: Record performance for the Assassin’s Creed® franchise, with total yearly revenue up 50% vs prior record set in 2012-13Spectacular growth of Just Dance®Rainbow Six®: One of the industry’s top 10 most played games in 20201. Double-digit player acquisition growth. Record viewership for Esports regional leagues. Upcoming release of Rainbow Six Quarantine to broaden audience reachThe Division®: 40 million unique players. Expansion of the universe with The Division Heartland on consoles and PC as well as a mobile game Robust growth for Brawlhalla®, Far Cry®, For Honor®, Rabbids®, The Crew®, Watch Dogs®Solid on-going sales-through trends for Immortals Fenyx Rising™, a player-favorite new IPSignificant portfolio expansion to come: Avatar, Beyond Good & Evil™ 2, Riders Republic™, Skull & Bones™, Star Wars™ Rising value of Ubisoft’s technology assets: Rollout of Ubisoft Connect i3D.net: a fast-growing hosting leader in the video game space 2021-22 targets: Net bookings up single digit. Non-IFRS operating income between 420 & 500 M€ Paris, May 11, 2021 – Today, Ubisoft released its earnings figures for fiscal 2020-21, i.e. the twelve months ended March 31, 2021. Yves Guillemot, Co-Founder and Chief Executive Officer, said “Our teams demonstrated incredible resilience during a challenging year, delivering amazing games and experiences. We also relied on a deep and diversified back-catalog which, again, outperformed our expectations and represented for the third consecutive year more than 50% of our total net bookings, progressively cementing the recurring profile of our business. Our assets have never been so strong. Alongside these successes, we have pursued the transformation of our organization that we had initiated 18 months ago to ensure Ubisoft is positioned to meaningfully grow audience and recurring revenues over the coming years. We have also implemented profound changes to ensure the continued development of an inclusive working environment where our talents can thrive and deliver the game experiences that players will love and share.” Frédérick Duguet, Chief Financial Officer, said “Ubisoft delivered a record year at the top and bottom lines thanks to an underlying performance that was significantly stronger than expected. This reflects the progress achieved in the diversification and recurrence of our revenues. We can rely on a deep portfolio of owned IPs, from our tentpole franchises, Rainbow Six, Assassin’s Creed, The Division, Far Cry, Just Dance, Ghost Recon and Watch Dogs to fan-favorite brands like For Honor, The Crew, Brawlhalla and Mario + Rabbids. Our FY22 line-up will be the most diversified we have ever had, with ambitious post-launch plans as well as premium and F2P new releases. Our financial targets reflect these growth initiatives which are intended to generate significant value over the long term.” Yves Guillemot added “We continue to build our portfolio, notably our biggest brands as demonstrated by the recently announced expansion of The Division’s universe. We also keep enhancing our technology assets, in particular our fast growing i3D.net hosting activity as well as Ubisoft Connect. Thanks to these expanding assets and a solid balance sheet, we are in a strong position to capitalize on the many opportunities offered by the market and are entering an exciting phase of our development.” Note The Group presents indicators which are not prepared strictly in accordance with IFRS as it considers that they are the best reflection of its operating and financial performance. The definitions of the non-IFRS indicators as well as a reconciliation table between the IFRS consolidated income statement and the non-IFRS consolidated income statement are provided in an appendix to this press release. Income statement and key financial data In € millions2020-21%2019-20% IFRS 15 sales2,223.8 1,594.8 Deferred revenues related to IFRS 1516.7 (60.8) Net bookings2,240.6 1,534.0 Gross margin based on net bookings1,914.885.5%1,280.983.5% Non-IFRS R&D expenses-784.9-35.0%(680.9)-44.4% Non-IFRS selling expenses-438.1-19.6%(382.2)-24.9% Non-IFRS G&A expenses-218.4-9.7%(183.6)-12.0% Total non-IFRS SG&A expenses-656.6-29.3%(565.8)-36.9% Non-IFRS operating income473.321.1%34.22.2% IFRS operating income289.4 (59.5) Non-IFRS diluted EPS (in €)2.48 (0.09) IFRS diluted EPS (in €) 0.85 (1.12) Non-IFRS cash flows from operating activities(1)169.0 (86.4) R&D investment expenditure1,104.2 909.6 Non-IFRS net cash/(debt) position79.2 (100.6) (1) Based on the consolidated cash flow statement for comparison with other industry players (not audited by the Statutory Auditors). Sales and net bookings IFRS 15 sales for the fourth quarter of 2020-21 came to €501.8 million, up 4.3% (or 8.7% at constant exchange rates2) on the €481.1 million generated in fourth-quarter 2019-20. IFRS 15 sales for full-year 2020-21 totaled €2,223.8 million, up 39.4% (or 42.7% at constant exchange rates) versus the 2019-20 figure of €1,594.8 million. Fourth-quarter 2020-21 net bookings totaled €484.9 million, up 16.2% (or 21.1% at constant exchange rates) on the €417.4 million recorded for fourth-quarter 2019-20.Net bookings for full-year 2020-21 amounted to €2,240.6 million, up 46.1% (or 49.5% at constant exchange rates) on the €1,534.0 million figure for 2019-20, in line with the target of between €2,220 million and €2,280 million. Main income statement items3 Non-IFRS operating income came in at €473.3 million, versus €34.2 million in 2019-20, in line with the target of between €450 and 500 million. Non-IFRS attributable net income amounted to €313.5 million, representing non-IFRS diluted earnings per share (EPS) of €2.48, compared with non-IFRS attributable net loss of €10.2 million and non-IFRS diluted loss per share of €0.09 for 2019-20. IFRS attributable net income totaled €103.1 million, representing IFRS diluted EPS of €0.85 (compared with IFRS attributable net loss of €125,6 million and IFRS diluted loss per share of €1.12 for 2019-20). Main cash flow statement4 items Non-IFRS cash flows from operating activities represented a net cash inflow of €169.0 million in 2020-21 (versus a net cash outflow of €86.4 million in 2019-20). It reflects a positive €64.6 million in non-IFRS cash flow from operations (versus a negative €169.9 million in 2019-20) and an €104.5 million decrease in non-IFRS working capital requirement (compared with an €83.4 million decrease in 2019-20). Main balance sheet items and liquidity At March 31, 2021, the Group’s equity was €1,656 million and its non-IFRS net cash was €79 million versus non-IFRS net debt of €101 million at end of March 2020. IFRS net debt totaled €227 million at March 31, 2021, of which €306 million related to the IFRS16 accounting restatement. Outlook First-quarter 2021-22 Net bookings for the first quarter of 2021-22 are expected to come in at around €320 million. Full-year 2021-22 The Company is introducing its targets for 2021-22: Net bookings single-digit growthNon-IFRS operating income comprised between 420 M€ and 500 M€ The top-line growth will be driven by both back-catalog and new releases. Back-catalog growth will be spurred by its underlying robust dynamic, by a significantly stronger release slate in 2020-21 than in 2019-20 and by bigger post-launch plans, more than compensating for the high comparison 2020-21 base resulting from the lockdown impact on overall engagement. Ubisoft also expects to release a solid and well-diversified line-up, including premium and F2P titles. The year will notably see the release of Far Cry 6, Rainbow Six Quarantine, Riders Republic, The Division Heartland and Roller™ Champions. Skull and Bones will now be released in 2022-23. Transformation of the organization Ubisoft continued to evolve its organization over the past 18 months to adapt to a fast-changing industry and to ensure its culture is stronger than ever. Some of the profound changes notably include: Adding expertise and production acumen to its editorial department in order to continue delivering high quality standards, strong marketability and differentiation between its games; Redesigning processes, HR organization and compensation policy to ensure strong accountability;Appointing a new Chief People Officer as well as coopting a new independent Board member, both of whom bring recognized experience in conducting change within major corporations;Appointing new heads of Diversity & Inclusion and Workplace Culture to formalize Ubisoft’s values and align the organization around them. Recent significant events: Appointment of Anika Grant as Chief People Officer: Ubisoft announced the appointment of Anika Grant as its new Chief People Officer and member of Ubisoft’s Executive Committee. In this role, Anika oversees all aspects of Ubisoft’s people strategy and drives HR excellence at the company. Anika brings immense international experience leading HR transformation in major, fast-paced, and customer-focused organizations across various sectors. Shares purchased from March 22 to April 9: Ubisoft Entertainment SA acquired 596,000 shares at an average price of €65.8 for a total amount of €39.2m which can be allocated to the stock-based compensation program or could be cancelled, as per the regulations in force. New records for Rainbow Six Esports regional leagues: On March 26th Ubisoft announced its best performance to date for Tom Clancy’s Rainbow Six Esports regional leagues, with record-breaking peak concurrent viewers and average minute audience results in each of its four regional leagues. Expansion of the Tom Clancy’s The Division® universe: Ubisoft unveiled its plans for the expansion of the franchise, notably including: The upcoming launch of The Division Heartland in fiscal 2021-22, a PC & consoles free-to-play game currently under development at Red Storm; The development of a game on mobile that will be released beyond fiscal 2021-22; Brand-new content as part of The Division 2 update coming late calendar 2021; The previously announced movie directed by Rawson Marshall Thurber and in development with Netflix, starring Jessica Chastain and Jake Gyllenhaal. Conference call Ubisoft will hold a conference call today, Tuesday May 11, 2021, at 6:15 p.m. Paris time/12:15 p.m. New York time.The conference call can be accessed live and via replay by clicking on the following link: https://edge.media-server.com/mmc/p/a6fvyu29 Contacts Investor RelationsJean-Benoît RoquetteSVP Investor Relations+ 33 1 48 18 52 39Jeanemail@example.comPress Relations Michael Burk Senior Director of Corporate Public Relations + 33 1 48 18 24 03 Michael.firstname.lastname@example.org Alexandre Enjalbert Senior Investor Relations Manager + 33 1 48 18 50 78 Alexandre.email@example.com DisclaimerThis press release may contain estimated financial data, information on future projects and transactions and future financial results/performance. Such forward-looking data are provided for information purposes only. They are subject to market risks and uncertainties and may vary significantly compared with the actual results that will be published. The estimated financial data have been approved by the Supervisory Board on May 11, 2021, and have not been audited by the Statutory Auditors. (Additional information is provided in the most recent Ubisoft Registration Document filed on June 5, 2020 with the French Financial Markets Authority (l’Autorité des Marchés Financiers)). About UbisoftUbisoft is a leading creator, publisher and distributor of interactive entertainment and services, with a rich portfolio of world-renowned brands, including Assassin’s Creed, Far Cry, For Honor, Just Dance, Watch Dogs, and Tom Clancy’s video game series including Ghost Recon®, Rainbow Six and The Division. The teams throughout Ubisoft’s worldwide network of studios and business offices are committed to delivering original and memorable gaming experiences across all popular platforms, including consoles, mobile phones, tablets and PCs. For the 2020-21 fiscal year, Ubisoft generated net bookings of €2,241 million. To learn more, please visit: www.ubisoftgroup.com. © 2021 Ubisoft Entertainment. All Rights Reserved. Ubisoft and the Ubisoft logo are registered trademarks in the US and/or other countries. APPENDICES Definition of non-IFRS financial indicators Net bookings corresponds to the sales excluding the services component and integrating the unconditional amounts related to license contracts recognized independently of the performance obligation realization. Player Recurring Investment (PRI) corresponds to sales of digital items, DLC, season passes, subscriptions and advertising. Non-IFRS operating income calculated based on net bookings corresponds to operating income less the following items: Stock-based compensation expense arising on free share plans, group savings plans and/or stock options. Depreciation of acquired intangible assets with indefinite useful lives. Non-operating income and expenses resulting from restructuring operations within the Group. Non-IFRS operating margin corresponds to non-IFRS operating income expressed as a percentage of net bookings. This ratio is an indicator of the Group’s financial performance. Non-IFRS net income corresponds to net income less the following items: The above-described deductions used to calculate non-IFRS operating income. Income and expenses arising on revaluations, carried out after the measurement period, of the potential variable consideration granted in relation to business combinations. OCEANE bonds’ interest expense recognized in accordance with IFRS9. The tax impacts on these adjustments. Non-IFRS attributable net income corresponds to non-IFRS net income attributable to owners of the parent. Non-IFRS diluted EPS corresponds to non-IFRS attributable net income divided by the weighted average number of shares after exercise of the rights attached to dilutive instruments. The adjusted cash flow statement includes: Non-IFRS cash flow from operations which comprises: The costs of internally developed software and external developments (presented under cash flows from investing activities in the IFRS cash flow statement) as these costs are an integral part of the Group's operations.The restatement of impacts (after tax) related to the application of IFRS 15.The restatement of commitments related to leases due to the application of IFRS 16.Current and deferred taxes. Non-IFRS change in working capital requirement which includes movements in deferred taxes and restates the impacts (after tax) related to the application of IFRS 15, thus cancelling out the income or expenses presented in non-IFRS cash flow from operations.Non-IFRS cash flows from operating activities which includes: the costs of internal and external licenses development (presented under cash flows from investing activities in the IFRS cash flow statement and included in non-IFRS cash flow from operations in the adjusted cash flow statement);the restatement of lease commitments relating to the application of IFRS 16 presented under IFRS in cash flow from financing activities. Non-IFRS cash flows from investing activities which excludes the costs of internal and external licenses development that are presented under non-IFRS cash flow from operations. Free cash flow corresponds to cash flows from non-IFRS operating activities after cash inflows/outflows arising on the disposal/acquisition of other intangible assets and property, plant and equipment. Free cash flow before working capital requirement corresponds to cash flow from operations after cash inflows/outflows arising on (i) the disposal/acquisition of other intangible assets and property, plant and equipment and (ii) commitments related to leases recognized on the application of IFRS 16. Cash flow from non-IFRS financing activities, which excludes lease commitments relating to the application of IFRS16 presented in non-IFRS cash flow from operation. IFRS net cash/(debt) position corresponds to cash and cash equivalents and cash management financial assets less financial liabilities excluding derivatives. Non-IFRS net cash/(debt) position corresponds to the net cash/(debt) position as adjusted for commitments related to leases (IFRS 16). Breakdown of net bookings by geographic region Q42020-21 Q42019-20 12 months 2020-21 12 months 2019-20 Europe36%31%36%33%Northern America48%49%49%49%Rest of the world16%20%15%18%TOTAL100%100%100%100% Breakdown of net bookings by platform Q42020-21 Q42019-20 12 months 2020-21 12 months 2019-20 PLAYSTATION®4 &PLAYSTATION®5*27%26%33%30%XBOX One™ &XBOX Series X/S™*23%14%21%16%PC21%30%23%28%NINTENDO SWITCH™13%10%11%9%MOBILE9%16%8%11%Others** 7%4%4%6%TOTAL100%100%100%100% * Backwards compatibility allows users of new-generation consoles to continue playing games previously purchased on the older generation of consoles. **Ancillaries, etc. Title release schedule1st quarter (April - June 2021) DIGITAL ONLY ANNO® 1800: Tourist Season PCASSASSIN’S CREED® VALHALLA: Wrath of the Druids AMAZON LUNA, PC, PLAYSTATION®4, PLAYSTATION®5, STADIA, XBOX ONE, XBOX SERIES X/S FOR HONOR®: Year 5 – Season 2 AMAZON LUNA, PC, PLAYSTATION®4, STADIA, XBOX ONE IMMORTALS FENYX RISING™: The Lost Gods AMAZON LUNA, NINTENDO SWITCH™, PC, PLAYSTATION®4, PLAYSTATION®5, STADIA, XBOX ONE, XBOX SERIES X/S TOM CLANCY’S RAINBOW SIX®: Siege Year 6 – Season 2 AMAZON LUNA, PC, PLAYSTATION®4, PLAYSTATION®5, STADIA, XBOX ONE, XBOX SERIES X/S TOM CLANCY’S THE DIVISION® 2: Season 6 AMAZON LUNA, PC, PLAYSTATION®4, STADIA, XBOX ONE UNO®: 50th Anniversary NINTENDO SWITCH™, PC, PLAYSTATION®4, STADIA, XBOX ONE WATCH DOGS®: LEGION – Bloodline AMAZON LUNA, PC, PLAYSTATION®4, PLAYSTATION®5, STADIA, XBOX ONE, XBOX SERIES X/S WATCH DOGS®: LEGION – Update 1 & 2 AMAZON LUNA, PC, PLAYSTATION®4, PLAYSTATION®5, STADIA, XBOX ONE, XBOX SERIES X/S EXTRACTS FROM THE CONSOLIDATED FINANCIAL STATEMENTS ATMARCH 31, 2021 Consolidated income statement (IFRS, extract from the accounts which have undergone an audit by Statutory Auditors). In € millions 03.31.2021 03.31.2020 IFRS 15 Sales 2,223.8 1,594.8 Cost of sales(325.7) (253.1)Gross Margin 1,898.1 1,341.8 Research and Development costs(827.1) (720.8)Marketing costs(442.8) (386.6)General and Administrative costs(228.4) (193.0)Current operating income 399.8 41.3 Other non-current operating income & expense(110.4) (100.8)Operating income 289.4 (59.5)Net borrowing costs(17.4) (13.9)Net foreign exchange gains/losses(8.2) (3.8)Other financial income 1.0 0.1 Other financial expenses(27.0) (1.5)Net financial income(51.6) (19.1)Income tax(132.6) (45.7)Consolidated net income 105.2 (124.2)Net income attributable to owners of the parent company 103.1 (125.6)Net income attributable to non-controlling interests 2.1 1.4 Earnings per share attributable to parent company Basic earnings per share (in €) 0.87 (1.12)Diluted earnings per share (in €) 0.85 (1.12)Weighted average number of shares in issue118 980 402 112 050 132Diluted weighted average number of shares126 286 728 112 050 132 Reconciliation of IFRS Net income and non-IFRS Net income In millions of euros, except for per share data 2020-212019-20IFRSAdjustmentNon-IFRSIFRSAdjustmentNon-IFRSIFRS15 Sales2,223.8 2,223.81,594.8 1,594.8Deferred services/other differences between the 2 standards 16.716.7 (60.8)(60.8)Net bookings 2,240.6 1,534.0Total Operating expenses(1,934.5)167.2(1,767.2)(1,654.3)154.6(1,499.7)Stock-based compensation(56.8)56.80.0(53.8)53.80.0Non-current operating income & expense(110.4)110.40.0(100.8)100.80.0Operating Income289.4184.0473.3(59.5)93.734.2Net Financial income(51.6)32.4(19.2)(19.1)8.2(10.9)Income tax(132.6)(5.9)(138.6)(45.7)13.5(32.2)Consolidated Net Income105.2210.4315.6(124.2)115.5(8.8)Net income attributable to owners of the parent company103.1 313.5(125.6) (10.2)Net income attributable to non-controlling interests2.1 2.11.4 1.4Diluted weighted average number of shares 126 286 728 126 286 728112 050 132 112 050 132Diluted earnings per share0.851.642.48(1.12)1.03(0.09) Consolidated balance sheet (IFRS, extract from the accounts which have undergone an audit by Statutory Auditors) ASSETSNetNet In € millions31.03.202131.03.2020Goodwill220.7334.6Other intangible assets1,453.21,115.3Property, plant and equipment199.8174.4Right of use assets282.1229.9Investments in associates0.00.0Non-current financial assets16.113.7Deferred tax assets173.1169.3Non-current assets2,345.02,037.2Inventory23.112.4Trade receivables342.7307.1Other receivables260.6127.5Other current financial assets0.00.5Current tax assets45.741.0Cash management financial assets*239.90.0Cash and cash equivalents1,627.71,079.2Current assets2,539.81,567.6Total assets 4,884.8 3,604.8 LIABILITIES AND EQUITYNetNet In € millions31.03.202131.03.2020Capital9.69.4Premiums556.0475.4Consolidated reserves987.1955.4Consolidated earnings103.1(125.6)Equity attributable to owners of the parent company1,655.71,314.6Non-controlling interests9.37.2Total equity1,665.01,321.7Provisions5.03.1Employee benefit21.615.8Long-term borrowings and other financial liabilities1894.91176.2Deferred tax liabilities158.5109.5Other non-current liabilities34.459.6Non-current liabilities2,114.31,364.2Short-term borrowings and other financial liabilities200.0246.9Trade payables152.0139.2Other liabilities737.8517.7Current tax liabilities15.815.1Current liabilities1,105.5918.9Total liabilities3,219.82,283.1Total liabilities and equity4,884.83,604.8 *Shares of UCITS invested in short-term maturity securities, which do not meet the criteria for qualification as cash equivalents defined by IAS 7.Consolidated cash flow statement for comparison with other industry players (non-audited) In € millions03.31.202103.31.2020Non-IFRS Cash flows from operating activities Consolidated earnings105.2(124.2)+/- Net Depreciation on internal & external games & movies433.4422.5+/- Other depreciation on fixed assets225.3196.9+/- Net Provisions(16.1)2.3+/- Cost of share-based compensation56.853.8+/- Gains / losses on disposals0.90.7+/- Other income and expenses calculated32.610.7+/- Cost of internal development and license development(753.2)(651.2)+/- IFRS 15 Impact15.4(45.6)+/- IFRS 16 Impact(35.7)(35.6)NON-IFRS CASH FLOW FROM OPERATION64.6(169.9)Inventory10.920.2Trade receivables(45.7)182.9Other assets(126.7)25.0Trade payables1.2(49.2)Other liabilities264.8(95.4)+/- Non-IFRS Change in working capital104.583.4Non-IFRS CASH FLOW GENERATED BY OPERATING ACTIVITIES169.0(86.4)Cash flows from investing activities - Payments for the acquisition of intangible assets and property, plant and equipment(96.8)(104.9)+ Proceeds from the disposal of intangible assets and property, plant and equipment0.10.2Free Cash-Flow72.3(191.1)+/- Payments for the acquisition of financial assets(200.4)(216.7)+ Refund of loans and other financial assets198.1211.5+/- Changes in scope (1)(16.0)(143.7)NON-IFRS CASH GENERATED BY INVESTING ACTIVITIES(114.9)(253.7)Cash flows from financing activities + New borrowings1,139.6935.2- Refund of borrowings(506.8)(584.9)+ Funds received from shareholders in capital increases80.781.5+/- Cash management financial assets(239.9)0.0+/- Sales / purchases of own shares25.835.3CASH GENERATED BY FINANCING ACTIVITIES499.5467.1Net change in cash and cash equivalents553.6127.0Cash and cash equivalents at the beginning of the fiscal year986.9878.6Foreign exchange losses/gains24.7(18.7)Cash and cash equivalents at the end of the period1,565.2986.9(1) Including cash in companies acquired and disposed of0.020.2 RECONCILIATION OF NON-IFRS NET CASH POSTION Cash and cash equivalents at the end of the period1,565.2986.9Bank borrowings and from the restatement of leases(1,938.8)(1,220.6)Commercial papers (93.5)(110.0)IFRS 16306.4243.0Cash management financial assets239.90.0NON-IFRS NET CASH POSITION79.2(100.6) Consolidated cash flow statement (IFRS, extract from the accounts which have undergone an audit Statutory Auditors) In € millions03.31.202103.31.2020Cash flows from operating activities Consolidated earnings105.2(124.2)+/- Net amortization and depreciation on property, plant and equipment and intangible assets 658.7619.4+/- Net Provisions(16.1)2.3+/- Cost of share-based compensation56.853.8+/- Gains / losses on disposals0.90.7+/- Other income and expenses calculated32.610.7+/- Income Tax Expense132.645.7TOTAL CASH FLOW FROM OPERATING ACTIVITIES970.7608.2Inventory10.920.2Trade receivables(45.7)182.9Other assets(131.4)58.2Trade payables1.2(49.2)Other liabilities316.8(51.8)Deferred income and prepaid expenses (81.1)(96.5)+/- Change in working capital70.663.7+/- Current Income tax expense (83.4)(71.6)TOTAL CASH FLOW GENERATED BY OPERATING ACTIVITIES 958.0600.4Cash flows from investing activities - Payments for the acquisition of internal & external developments(753.2)(651.2)- Payments for the acquisition of intangible assets and property, plant and equipment(96.8)(104.9)+ Proceeds from the disposal of intangible assets and property, plant and equipment0.10.2+/- Payments for the acquisition of financial assets(200.4)(215.7)+ Refund of loans and other financial assets198.1210.5+/- Changes in scope (1)(16.0)(143.7)CASH GENERATED BY INVESTING ACTIVITIES(868.2)(904.9)Cash flows from financing activities + New borrowings1,139.6935.2- Refund of leases(35.7)(35.6)- Refund of borrowings(506.8)(584.9)+ Funds received from shareholders in capital increases80.781.5+/- Cash management financial assets(239.9)0.0+/- Sales / purchases of own shares25.835.3CASH GENERATED BY FINANCING ACTIVITIES463.8431.5Net change in cash and cash equivalents553.6127.0Cash and cash equivalents at the beginning of the fiscal year986.9878.6Foreign exchange losses/gains24.7(18.7)Cash and cash equivalents at the end of the period1,565.2986.9(1) Including cash in companies acquired and disposed of0.020.2 RECONCILIATION OF NET CASH POSTION Cash and cash equivalents at the end of the period1,565.2986.9Bank borrowings and from the restatement of leases(1,938.8)(1,220.6)Commercial papers (93.5)(110.0)Cash management financial assets239.90IFRS NET CASH POSITION(227.2)(343.6) 1 Consoles premium and free-to-play scope. Internal estimates.2 Sales at constant exchange rates are calculated by applying to the data for the period under review the average exchange rates used for the same period of the previous fiscal year.3 See the presentation published on Ubisoft’s website for further information on movements in the income and cash flow statement. 4 Based on the consolidated cash flow statement for comparison with other industry players (non-audited) Attachment Ubisoft FY21 Earnings & Sales
SentinelOne, the autonomous cybersecurity platform company, today announced that Gartner has positioned SentinelOne with the highest scores in all three use cases; Type A, B, & C in Gartner’s 2021 Critical Capabilities for Endpoint Protection Platforms report1.
Expel, a managed detection and response (MDR) provider, is pleased to announce the addition of Johanna Flower to its board of directors.
The actor has been sober since 1990
In tea-growing countries such as Kenya and Ceylon, tea growers fear for their livelihoods, as climate change will cut optimal conditions for tea production in Kenya by 26% by 2050.
A world-wide network of athletes’ unions published research Tuesday aimed at better protecting young people in sports following sexual abuse scandals in gymnastics and soccer. About 300 international athletes, including some Olympians, shared their experiences of abuse and intimidation they suffered and witnessed as minors for the Census of Athlete Rights Experiences report. The document, which details how government and sports bodies can help safeguard children, was presented at an online conference hosted by the World Players Association and National Basketball Players Association.
Financial Conduct Authority boss Nikhil Rathi said some allegations about Greensill could be ‘potentially criminal in nature’.
Sir Keir Starmer delivered his response to the proposed measures.
Today's market action in Plug Power (NASDAQ: PLUG) stock looked similar to how it has traded in recent months -- up and down. In March, Plug Power told investors that it will need to restate its financial statements dating back to 2018. The company added that there will be "no expected impact on cash position, business operations or economics of commercial arrangements."
Ebay Inc on Tuesday allowed the sale of non-fungible tokens for digital collectibles like trading cards, images or video clips on its platform, the first e-commerce company to tap into the recent frenzy around NFTs. NFTs, virtual assets that exist on a blockchain ledger, have exploded in popularity this year, as enthusiasts spend enormous sums of money on artwork and other items that exist only online, with some selling for tens of millions of dollars recently at auction houses Christie's and Sotheby's. While multi-million dollar deals, including the $69 million sale of a digital artwork by Beeple in March, have created ripples in the art world, a market for digital collectibles such as NFT trading cards, images or video clips have also thrived alongside.
CrushGlobal founder Kristin Braswell is helping travelers discover Black-owned and female-owned businesses all over the US with new road trip guides.
“The trauma never goes away — you constantly have to work on yourself when it comes to loss and depression,” Morales tells PEOPLE
The U.S. dollar dropped to a fresh 2-1/2-month low on Tuesday as investors bet that rising inflation could erode the currency's value, ahead of Wednesday's release of closely watched consumer price data. In recent years, rising inflation expectations have helped the dollar because investors have assumed interest rates would be increased in response to higher prices. A disappointing employment report last week triggered a widespread sell-off in the greenback, and though surging commodity prices have raised concerns of higher inflation in coming months, markets believe the U.S. Federal Reserve will keep rates low and continue purchasing assets.
Laura Murray told a High Court libel trial she had been ‘shocked and outraged’ by the TV star’s post