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Software AG interim report 2 2013

19 04 SOFTWARE AG’S SHARE 09 Interim Management Report 22 interim Financial Statements 30 Notes to the Interim Financial Statements 44 Service 3.1 Cash flow Q2 2013 / YTD 2013 (6 months) * Cash flow from investing activities adjusted for acquisitions **Weighted average shares outstanding (basic) Q2 2013: 83.8 mn / Q2 2012: 86.8 mn Following strong cash flow in the first quarter of 2013, free cash flow in the second quarter decreased to €9.6 million (2012: €41.8 million). Accordingly, free cash flow per share was €0.11 (2012: €0.48) in the second quarter. This was primarily due to time differences between the recognition of income and payment flows. Free cash flow for the first half-year totaled €72 million (2012: €101 million). Thus, free cash flow developed in line with net income. in € millions Q2 2013 Q2 2012 ∆% YTD 2013 YTD 2012 ∆% Operating cash flow 13.3 43.8 − 70 % 78.7 104.8 − 25 % . / . CapEx* − 3.7 − 2.0 − 6.4 − 3.9 Free cash flow 9.6 41.8 − 77 % 72.3 100.9 − 28 % % of revenue 4.0 % 16.2 % 15.6 % 19.7 % Free cash flow per share** in € 0.11 0.48 − 77 % 0.85 1.16 − 27 % 3 Financial Position SIGNIFICANT EVENTS DURING THE REPoRTING PERIOD 09 FINANCIAL PERFORMANCE 12 FINANCIAL POSITION 19 EMPLOYEES 20 OPPORTUNITIES AND RISKS 20 EVENTS AFTER THE BALANCE SHEET DATE 21 OUTLOOK 21

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