- Software AG
- Management Report for the Quarter Ending June 30, 2007
- Consolidate Financial Statements for the Quarter Ending June 30, 2007
- Consolidated Income Statement
- Consolidated Balance Sheet
- Consolidated Statement of Cash Flows
- Consolidated Statement of Recognized Income and Expense
- Segment Reporting
- Notes to the Consolidated Income Statement
- Notes to the Consolidated Balance Sheet
- Consolidated Statement of Changes in Equity
- Other Disclosures
- Responsibility Statement
- Financial Calendar
Consolidated Statement of Changes in Equity
Shareholders' equity
The change in shareholder’s equity is shown in the following Statement of Changes in Equity as of
June 30, 2007.
Statement of changes in equity for the six months
|
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| € thousands |
|
Capi- tal re- serve |
Retained earnings |
Conso- lidated income |
Curren- cy transla- tion diffe- rences |
Other reserves |
Mino- rity in- terest |
Total | |||||
| Equity as of January 1, 2007 |
28,112,715 | 84,338 | 23,576 | 320,367 | 0 | -41,133 | 34,446 | 637 | 422,231 | ||||
| Cash proceeds from issuing shares |
367,756 | 1,103 | 5,037 | 6,140 | |||||||||
| Stock Options | 1,482 | 1,482 | |||||||||||
| Consolidated income of the period |
42,228 | 102 | 42,330 | ||||||||||
| Dividend payment | -25,302 | -25,302 | |||||||||||
| Currency translation differences |
-6,562 | -6,562 | |||||||||||
| Net result from the fair value valuation of securities not recognized in income statement |
-37 | - 37 | |||||||||||
| Net result from the fair value valuation of net investments in foreign operations not recognized in income statement |
851 | 851 | |||||||||||
| Equity as of June 30, 2007 |
28,480,471 | 85,441 | 30,095 | 295,065 | 42,228 | -47,695 | 35,260 | 739 | 441,133 | ||||
|
|
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| Equity as of January 1, 2006 |
28,036,009 | 84,108 | 20,428 | 269,768 | 0 | -15,203 | 33,506 | 381 | 392,988 | ||||
| Cash proceeds from issuing shares |
76,706 | 230 | 1,927 | 2,157 | |||||||||
| Stock Options | 660 | 660 | |||||||||||
| Consolidated income of the period |
33,797 | 33,797 | |||||||||||
| Dividend payment | -22,429 | -22,429 | |||||||||||
| Currency translation differences |
-18,444 | -18,444 | |||||||||||
| Net result from the fair value valuation of securities not recognized in income statement |
19 | 19 | |||||||||||
| Net result from the fair value valuation of net investments in foreign operations not recognized in income statement |
8,263 | 8,263 | |||||||||||
| Equity as of June 30, 2006 |
28,112,715 | 84,338 | 23,015 | 247,339 | 33,797 | -33,647 | 41,788 | 381 | 397,011 | ||||
The composition of the individual accounts of shareholders’ equity did not change compared to December 31, 2006. The exercise of stock options from the first and second stock option plans increased the number of bearer shares in issue by 327,067 to 28,480,471 shares in the first and second quarters. This increased the Company’s share capital by €1,103 thousand and the capital reserve by €5,037 thousand. Due to recognition of the issued stock options as personnel expenses pursuant to IFRS 2, the capital reserve increased in the first half of 2007 by €1,482 thousand.
Dividend Payment
The Annual Shareholders' Meeting resolved on May 11, 2007 to appropriate €25,302 thousand of the unappropriated profit of €77,080 thousand for 2006 of Software AG, the parent company of the Group, for the payment of dividends – corresponding to a dividend of €0.90 per share – and to carry forward €51,779 thousand of such amount.