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Software AG GB 2012, englisch

193 06 HIGHLIGHTS 08 LETTER FROM THE MANAGEMENT BOARD 12 THE COMPANY 38 SOFTWARE AG SHARE 46 CORPORATE GOVERNANCE 58 REPORT OF THE SUPERVISORY BOARD 68 GROUP MANAGEMENT REPORT 155 CONSOLIDATED FINANCIAL STATEMENTS 245 FURTHER INFORMATION CONSOLIDATED INCOME STATEMENT 156 STATEMENT OF COMPREHENSIVE INCOME 157 CONSOLIDATED BALANCE SHEET 158 CONSOLIDATED STATEMENT OF CASH FLOWS 160 CONSOLIDATED STATEMENT OF CHANGES 162 IN EQUITY NOTES TO THE CONSOLIDATED FINANCIAL 164 STATEMENTS RESPONSIBILITY STATEMENT 243 AUDITORS‘ REPORT 245 The brand names indicated above are not subject to amortization. Any changes in the carrying amounts result from currency translation effects. Pursuant to the applicable composition of reportable segments as of December 31, the carrying amounts of goodwill and of intangible assets with indefinite useful lives were allocated as follows: in €thousands Dec. 31, 2012 Dec. 31, 2011 Segment ETS 320,771 320,590 Business Process Excellence 426,914 421,651 IDS Consulting 8,687 9,982 Goodwill 756,372 752,223 ETS 0 0 Business Process Excellence 36,849 37,233 IDS Consulting 8,800 8,800 Intangible assets with indefinite useful lives 45,649 46,033 The segments represent the smallest cash-generating units in the Group. Goodwill as well as intangible assets with an indefinite useful life are tested for impairment at least once per year by comparing the carrying amount of the cash-generating unit to which the goodwill or the intan- gible asset is allocated with the recoverable amount. Testing for impairment involves regularly checking the recoverable amount with regard to fair value less costs to sell. Fair value less costs to sell for the BPE and ETS segments is calculated using discounted cash flows based on strategic budgets calculated and approved by management, which are for a four-year period. The budgets are designed on the basis of past experience, information derived from current operating results, and management estimates of future developments. Revenue trends at country level, for instance, is one element of management estimates of future developments that is particularly prone to uncertainty.