Notes to the consolidated balance sheet

2/2 previous

in € thousand Shares


March 31, 2007 Number Share
capital
Capital
reserve
Retained
earnings
Net income
attributable
to shareholders
Equity as of January 1, 2007 28,112,715 84,338 23,576 320,367 0
New shares issued 327,067 981 4,441

Stock options

1,385

Net income for the year



17,731
Currency translation differences




Net gain from fair value
measurement of financial
instruments not
recognized in income





Net gain from fair value
measurement of net
investments in foreign
operations not recognized
in income





Equity as of March 31, 2007 28,439,782 85,319 29,402 320,367 17,731

in € thousands



March 31, 2007 Currency
translation
adjustments
Other
reserves
Minority
interest
Total
Equity as of January 1, 2007 – 41,133 34,446 637 422,231
New shares issued


5,422
Stock options


1,385
Net income for the year

42 17,773
Currency translation differences – 2,809

– 2,809
Net gain from fair value measurement
of financial instruments not
recognized in income

– 37
– 37
Net gain from fair value measurement
of net investments in foreign
operations not recognized in income

919
919
Equity as of March 31, 2007 – 43,942 35,328 679 444,884


The composition of the individual accounts of shareholders’ equity did not change compared to December 31, 2007. The exercise of stock options under the first and second stock option plans increased the number of bearer shares in issue by 36,013 to 28,575,468 shares in the first quarter. This increased the Company’s share capital by €108 thousand and the capital reserve by €549 thousand.

Dividend payment

The Annual Shareholders’ Meeting resolved on April 29, 2008 to transfer an amount of €9,455 thousand from the €113,907 thousand in accumulated profit of the controlling Group company Software AG for 2007 to retained earnings; to appropriate €28,539 thousand for a dividend payout; and to carry forward €75,913 thousand to a new account. This corresponds to a dividend of €1.00 per share.