Software AG

1. Quarterly Report 2008



Consolidated balance sheet

CONSOLIDATED BALANCE SHEET AS OF MARCH 31, 2008
IFRS, unaudited

Assets

in € thousands March 31, 2008 Dec. 31, 2007 March 31, 2007
Current assets


Cash on hand and
bank balances
64,286 80,822 199,034
Securities 478 472 12,142
Inventories 81 90 328
Trade receivables 213,452 209,311 191,692
Other receivables
and other assets
12,311 10,125 8,593
Prepaid expenses 7,286 5,794 6,257

297,894 306,614 418,046




Non-current assets


Intangible assets 146,118 139,265 4,608
Goodwill 420,865 431,596 188,150
Property, plant
and equipment
49,694 49,847 43,712
Financial assets 8,387 8,232 1,755
Trade receivables 12,763 15,704 6,338
Other receivables
and other assets
10,139 16,582 0
Prepaid expenses 41 0 0
Deferred taxes 54,187 55,484 21,385

702,194 716,710 265,948

1,000,088 1,023,324 683,9


Equity and liabilities

in € thousands March 31, 2008 Dec. 31, 2007 March 31, 2007
Current liabilities


Financial liabilities 36,717 46,652 1,268
Trade payables 32,410 31,300 27,807
Other liabilities 42,050 64,199 38,386
Other provisions 29,920 42,802 23,492
Tax provisions 5,357 11,485 15,511
Deferred income 121,625 83,878 82,660

268,079 280,316 189,124




Non-current liabilities


Financial liabilities 167,011 167,648 24
Trade payables 62 64 4
Other liabilities 2,331 2,966 1,103
Pension provision 16,543 17,229 24,328
Other provisions 10,204 9,686 5,623
Deferred taxes 77,782 79,621 18,046
Deferred income 3,241 3,332 858

277,174 280,546 49,986




Equity


Share capital 85,726 85,618 85,319
Capital reserve 32,763 31,933 29,402
Retained earnings 387,907 299,532 320,367
Net income
attributable to
shareholders of
Software AG
22,538 88,375 17,731
Currency translation
differences
– 106,846 – 80,008 – 43,942
Other reserves 32,747 36,343 35,328
Minority interest 0 669 679

454,835 462,462 444,884





1,000,088 1,023,324 683,994