Software AG

1. Quarterly Report 2008



Consolidated income statement

CONSOLIDATED INCOME STATEMENT FOR THREE MONTHS ENDED MARCH 31, 2008
IFRS, unaudited

in € thousands Q1|2008 Q1|2007 Change
in %
Licenses 55,395 46,906 18
Maintenance 59,356 44,470 33
Professional Services 43,920 32,556 35
Other 720 804 – 10
Total revenue 159,391 124,736 28
Costs of sales – 47,743 – 38,159 25
Gross profit 111,648 86,577 29
Research and development
expenses
– 18,867 – 12,158 55
Sales, marketing and
distribution expenses
– 40,078 – 32,667 23
General and administrative
expenses
– 15,413 – 11,784 31
Operating result 37,290 29,968 24
Other operating income 11,484 2,282 403
Other operating expenses – 8,691 – 7,235 20
Earnings before interest and
taxes and amortization (EBITA)
40,083 25,015 60
Amortization – 4,052 0
Earnings before interest
and taxes (EBIT)
36,031 25,015 44
Net financial income – 1,469 3,148
Earnings before taxes 34,562 28,163 23
Income taxes – 11,805 – 9,911 19
Other taxes – 219 – 479 – 54
Net income 22,538 17,773 27




thereof attributable to
shareholders of Software AG
22,538 17,731 27
thereof attributable to
minority interest
0 – 42




Earnings per share (EUR, basic) 0,79 0,63 25
Earnings per share (EUR, diluted) 0,79 0,62 27
Weighted average
shares outstanding (basic)
28,577,462 28,276,249
Weighted average
shares outstanding (diluted)
28,645,139 28,406,761