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SAG QB1 2013, englisch

26 Software AG | Interim Management Report 1/2013 The goodwill capitalized in connection with this acquisition was allocated in full to the Business Process Excellence segment. The recognition of goodwill resulted from the fact that synergies and staff are not separable intangible assets within the meaning of IAS 38. The goodwill arising from this acquisition is not tax deductible. Software AG considers the impact of this acquisition on the Group’s financial position, financial performance and cash flows to be immaterial. Software AG acquired cloud platform provider LongJump (Relational Networks Inc.) with headquarters in Santa Clara, California (USA) in April, and thus after the balance sheet date but before the release of the quarterly financial statements. The LongJump digital platform enables end users to develop applications independently and without the help of the IT department. This will allow Software AG to extend its offering to include IT projects for small and medium-sized companies as well as individual departments. The company currently has 18 employees. The consideration due for this acquisition is anticipated to amount to approximately €20 million. Due to the short period of time between the time of acquisition and the publication release of this interim report, a preliminary purchase price allocation could not take place. Software AG considers the impact of this acquisition on the Group’s financial position, financial performance and cash flows to be immaterial.­ NOTES TO THE CONSOLIDATED BALANCE SHEET [5] Disposal group Software AG signed an agreement with itelligence AG (Bielefeld/Germany) on January 8, 2013 to sell its SAP-related service activities in Canada and USA. The transfer took place on January 16, 2013. The transaction covered all Software AG services related to SAP products that were coordinated in Toronto for Canada and in Reston, Virginia for the U.S. The transaction resulted in earnings of about €3 million for the first quarter, which were reported as “other income.” [6] Goodwill Goodwill amounted to €769,135 thousand as of March 31, 2013, an increase of €12,763 thousand compared to Decem- ber 31, 2012. Of the rise in goodwill, €10,229 thousand resulted from currency translation gains, due in particular to the strong U.S. dollar, and €2,534 thousand from the Company’s acquisition of metaquark (Berlin/Germany).

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