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SAW QB1 2014, englisch

[9] Contingent Liabilities As in 2013, there were no reportable contingent liabilities as of March 31, 2014. The carrying amount of collateral received was €32 thou- sand (2013: €28 thousand). Disclosures on leases The Group’s rental agreements and operating leases relate chiefly to office space, vehicles and IT equipment. Lease payments under operating leases are recognized as an ex- pense over the term of the lease. [10] Seasonal Influences Revenues and pre-tax earnings were distributed over fiscal year 2013 as follows: in € thousands Up to 1 year > 1 to 5 years > 5 years Total Contractually agreed payments (gross amount) 16,721 41,382 8,276 66,379 Estimated income from subleases 2,038 5,055 366 3,459 Contractually agreed payments (net amount) 14,683 36,327 7,910 58,920 in € thousands Q1 2013 Q2 2013 Q3 2013 Q4 2013 2013 License revenue 63,581 75,799 79,875 110,883 330,138 as % of license revenue for the year 19 23 24 34 100 Total revenue 224,911 237,748 238,500 271,533 972,692 as % of revenue for the year 23 24 25 28 100 Earnings before taxes 38,479 41,457 45,739 64,337 190,012 as % of net earnings for the year 20 22 24 34 100 Software AG | Interim Report 1 | 2014 24

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