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SAW QB1 2014, englisch

NotestotheInterimFinancialStatements Share buyback Software AG instituted a program for the repurchase of ­treasury shares up to a total value of €110.0 million begin- ning November 12, 2013 and concluded on February 28, 2014. During the period from January 1, 2014 up to and including February  28, 2014 Software  AG repurchased 2,653,845 ­additional treasury shares (based on a value date) at an average price of €26.59 per share—not including trans- action fees (€26.60 including transaction fees)—for a total cost of €70,561 thousand—not including transaction fees (€70,582  thousand including transaction fees). As of March 31, 2014 Software AG held 8,084,101 treasury shares representing an interest in the share capital of €8,084,101 (9.3 percent). Other Disclosures [8] Segment Reporting Segmentation is in accordance with the internal control of the Group. Software AG therefore reports on the following three segments: • Business Process Excellence (BPE: Business Process ­Management) with the webMethods and ARIS product families • Enterprise Transaction Systems (ETS: data management) • Consulting with a focus on implementation of Software AG products The table below shows the segment data for the first quar- ters of 2014 and 2013: Pursuant to IFRS 5 (non-current assets held for sale and discontinued operations), the assets and liabilities likely to be affected by this were recognized as the lower of the carrying amount and the fair value less costs to sell and presented separately in the balance sheet as assets and liabilities held for sale. All affected assets and liabilities were assigned to the Con- sulting segment. [6] Goodwill Goodwill amounted to €820,656 thousand as of March 31, 2014, a decrease of €8,517 thousand compared to Decem- ber 31, 2013. Of that amount, €33 thousand resulted from negative currency translation effects. Furthermore, €8,550 thousand resulted from moving the portion of good- will relating to SAP consulting operations, which—as ­described in Note 5—was reclassified along with the other affected assets and liabilities. [7] Equity Share capital Software AG’s share capital totaled €86,944 thousand (2013: 86,917) as of March 31, 2014, divided into 86,943,945 (2013: 86,917,445) bearer shares. Each share entitles its holder to one vote. Dividend payment Based on the number of shares outstanding as of Febru- ary 28, 2014, the Management Board and Supervisory Board will propose to the Annual Shareholders’ Meeting to distrib- ute the net retained profits of €136,042 thousand reported by Software AG, the controlling Group company, in 2013, as follows: to appropriate €36,276 thousand for dividends and to carry forward €99,766 thousand. This corresponds to a dividend of €0.46 per share. 21 Interim Management Report Interim Financial Statements Notes to the Interim Financial Statements Additional Information General Notes to the consolidated balance sheet Other disclosures