Please activate JavaScript!
Please install Adobe Flash Player, click here for download

SAG QB3 2013, englisch

16 SOFTWARE AG | INTERIM REPORT 3/2013 Due to the reduction of Software AG’s trade receivables and reduced income tax payments, operating cash flow was up by 28 percent to €36.6 million (2012: €28.7 million) in the third quarter of 2013, despite lower net income of €31.1 mil- lion (2012: €40.7 million). Free cash flow performed more encouragingly yet, with a 35-percent increase to €33.3 mil- lion (2012: €24.6 million). Free cash flow per share rose accordingly to €0.40 (2012: €0.28). 3.1 CASH FLOW Cash flow Q3 2013 / YTD 2013 (9 months) * Cash flow from investing activities except acquisitions and except investments in debt instruments ** Based on average shares outstanding: Q3 2013: 83.0 mn / Q3 2012: 86.8 mn 9m 2013: 84.2 mn / 9m 2012: 86.8 mn in € millions Q3 2013 Q3 2012 ∆% YTD 2013 YTD 2012 ∆% Operating cash flow 36.6 28.7 28 115.4 133.5 − 14 ./. CapEx* − 3.3 − 4.1 − 9.8 − 8.0 Free cash flow 33.3 24.6 35 105.6 125.5 − 16 as % of revenue 14.0 9.6 15.1 16.3 Free cash flow per share** 0.40 0.28 43 1.25 1.45 − 14 3 FINANCIAL POSITION

Pages