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SAG QB1 2013, englisch

24 Software AG | Interim Management Report 1/2013 General [1] Basis of presentation Software AG’s condensed and unaudited consolidated financial statements (interim financial statements) as of March 31, 2013 have been prepared in accordance with International Financial Reporting Standards (IFRS) applicable on the balance sheet date, as endorsed by the EU. The IASs/IFRSs applicable as of March 31, 2013 were observed, as were the corresponding interpretations of the International Financial Reporting Interpretations Committee (IFRIC—formerly SIC). Software AG is a registered stock corporation under German law with registered offices in Darmstadt. Software AG is the parent company of a Group that is globally active in the fields of software development, licensing and maintenance as well as IT services. The consolidated interim financial statements of Software AG are expressed in thousands of euros unless otherwise stated. [2] Changes in the consolidated group The following changes in the consolidated Group took place in the first three months of fiscal 2013: Germany Foreign Total Dec. 31, 2012 10 85 95 Additions 1 0 1 Disposals (including mergers) 0 1 1 March 31, 2013 11 84 95 The addition relates to the acquisition of the German company, Metaquark, as described in Note 4. The disposal relates to the merger of a company in Italy. [3] Accounting policies The same accounting policies have been applied to the consolidated interim financial statements as were applicable to the consolidated financial statements as of December 31, 2012. For more detailed information on accounting policies, please see Note 3 of the consolidated financial statements for fiscal 2012. These quarterly financial statements have been prepared in accordance with IAS 34: Interim Financial Reporting. Notes to the Interim Financial Statements