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Software AG GB 2012, englisch

SOFTWARE AG | ANNUAL REPORT 2012 194 The forecasts take into account historical values and estimates of future developments. Costs to sell are assumed to amount to 2 percent of the relevant fair value. The estimated future cash flows for the ETS segment were discounted using a post-tax weighted average cost of capital (WACC) before taxes of 6.5 percent (2011: 6.5 percent). The sustainable growth rate was assumed to be 0 percent (2011: 0 percent). A discount of 20 percent (2011: 20 percent) on the last year of detailed planning was used to determine sustainable cash flows. Even if a discount of 50 percent was used on the last year of detailed planning, the fair value less costs to sell would exceed the carrying amount. We assumed a sustainable growth rate of 1 percent (2011: 1 percent) and a weighted average cost of capital (WACC) after tax of 7.4 percent (2011: 7.4 percent) for the Business Process Excellence segment. For the IDS Consulting segment, the the fair value less costs to sell was derived based on the sale of SAP service activities in Canada and the USA described in Note [13] to offset the carrying amount of the IDS Scheer Consulting segment. Based on this approach, we could verify that the recoverable amount exceeded the segment’s carrying amount. Pursuant to the new (applicable as of the beginning of fiscal year 2013) composition of reportable segments (refer to Note [28] for notes on the changes to reportable segments), the carrying amounts of goodwill and intangible assets with indefinite useful lives would have been allocated as follows: in €thousands Dec. 31, 2012 Segment ETS 310,089 BPE 415,472 Consulting 30,811 Goodwill 756,372 ETS 0 BPE 35,861 Consulting 9,788 Intangible assets with indefinite useful lives 45,649