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Software AG GB 2013. englisch

NotestotheConsolidatedFinancialStatements Disclosures on remuneration paid to related parties pursuant to IAS 24 Parties related to Software AG consist of the members of the Management Board and the Supervisory Board. Remuneration paid to the Management Board can be bro- ken down as follows: Pension provisions for Management Board members amounted to €4,815 thousand (2012: €4,699 thousand). Gross pension liabilities for Management Board members amounted to €8,364 thousand (2012: €7,743 thousand). Furthermore, liabilities from the Phantom Share Plan totaled €6,843 thousand (2012: €14,100 thousand). Remuneration paid to the members of the Supervisory Board in fiscal year 2013 totaled €723 thousand (2012: €728 thou- sand). This remuneration included a fixed short-term com- ponent and compensation for committee work. Remuneration of the Management and Supervisory Boards is outlined in detail in the Remuneration Report. The Remu- neration Report presents the structure and amount of the individual components. It is part of the Management Report within this Annual Report. No other business transactions took place between Software AG and the members of the Management Board or the Supervisory Board in fiscal year 2013. in € thousands 2013 2012 Short-term benefits 7,023 7,017 Post-service benefits 621 3,046 Share-based compensation -1,740 5,686 5,904 15,750 [37] Auditors’ fees Software AG’s general and administrative expenses include expenses for auditors’ fees paid to BDO AG, the Group au- ditor, totaling €921 thousand (2012: €822 thousand). Of this amount, €844 thousand (2012: €714 thousand) relates to the audit of the domestic entities’ and the Group’s financial statements, €6 thousand (2012: €7 thousand) to tax advi- sory services, €71 thousand (2012: €76 thousand) to other testation services, and €0 thousand (2012: €25 thousand) to other services. [38] Events after the balance sheet date Software AG instituted a program for the repurchase of trea- sury shares up to a total value of €110 million beginning November 12, 2013 and concluded on February 28, 2014. During the period from January 1, 2014 up to and including February 28, 2014 Software AG repurchased 2,653,845 ad- ditional treasury shares (based on a value date) at an aver- age price of €26.59 per share—not including transaction fees (€26.60 including transaction fees)—for a total cost of €70,561 thousand, not including transaction fees (€70,582 thousand including transaction fees). As of Febru- ary 28, 2014 Software AG held 8,084,101 treasury shares representing an interest in the share capital of €8,084,101 (9.3 percent). There were no other events of material significance for the consolidated financial statements that occurred between the balance sheet date and the release of the consolidated financial statements for publication. 201 Corporate Governance Report of the Supervisory Board Group Management Report Consolidated Financial Statements Additional Information Notes General Notes to the Consolidated Income Statement Notes to the Consolidated Balance Sheet Other Disclosures Responsibility Statement Auditors’ Report

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