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SAG QB3 2013, englisch

17 05 INTERIM MANAGEMENT REPORT 20 INTERIM FINANCIAL STATEMENTS 28 NOTES TO THE INTERIM FINANCIAL STATEMENTS 44 SERVICE 3.2 TOTAL ASSETS Assets in € millions Liabilities in € millions total 05001000150020000500100015002000 PassivaAktiva Farben 05001000150020000500100015002000 PassivaAktiva Farben Cash and cash equivalents Securities Trade receivables Inventories & other assets Fixed assets (goodwill 827.8 / 756.4) 1,125.2 1,039.0 315.7 51.5 448.4 1,771.91,994.3 341.3 292.6 75.9 76.6 Sept. 30, 2013 Dec. 31, 2012 total 0500100015002000 Passiva 0500100015002000 Passiva Sept. 30, 2013 Dec. 31, 2012 Financial liabilities Other liabilities Deferred income Shareholders’ equity (ratio 48.9 % / 59.8 %) 975.6 1,060.1 266.0 609.9 1,771.91,994.3 333.9 280.4 111.9 128.4 Software AG’s total assets reflect its new financing structure, which includes taking advantage of low interest rates to increase liquid assets while keeping costs down. As of ­September 30, 2013, Software AG’s total assets had risen to €1,994.3 million and were thus significantly above the €1,771.9 million at the close of the fiscal year on Decem- ber 31, 2012. Shareholders’ equity decreased to €975.6 million (Decem- ber 31, 2012: €1,060.1 million) but was stable as compared with the level on June 30, 2013. As a result, equity ratio fell from 59.8 percent at the end of 2012 to 48.9 percent as of September 30, 2013. The decrease was primarily due to the share buyback plan that was successfully concluded in the first quarter. In July of the current fiscal year, Software AG successfully placed promissory notes worth a total volume of €300 million. Due to such a high level of interest among investors, the transaction was heavily oversubscribed and the original volume totaling €150 million was increased to €300 million. This result confirms the confidence of promissory note ­investors in Software AG’s business model. A loan from the Software AG Foundation in the amount of €45 million was also paid back. In total, the Company’s financial liabilities increased to €609.9 million (2012: €266.0 million). Cash and cash and cash equivalents grew to €448.4 million (€315.7 million). The Company also held securities worth €51.5 million. This lays a solid foundation for securing the flexibility needed to finance further global expansion. SIGNIFICANT EVENTS DURING THE REPORTING PERIOD 05 FINANCIAL PERFORMANCE 07 FINANCIAL POSITION 16 EMPLOYEES 18 OPPORTUNITIES AND RISKS 18 EVENTS AFTER THE BALANCE SHEET DATE 18 OUTLOOK 19

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