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SAW QB2 2014, englisch - Notes to the Interim Financial Statements

General [1] Basis of Presentation ­Software AG's condensed and unaudited consolidated finan- cial statements (interim financial statements) as of June 30, 2014 have been prepared in accordance with International Financial Reporting Standards (IFRS) applicable on the bal­ ance sheet date, as endorsed by the EU. The IASs/IFRSs applicable as of June 30, 2014 were observed, as were the corresponding interpretations of the International Financial Reporting Interpretations Committee (IFRIC—formerly SIC). ­Software AG is a registered stock corporation under German law with registered offices in Darmstadt. ­Software AG is the parent company of a Group that is globally active in the fields of software development, licensing and maintenance as well as IT services. The consolidated interim financial statements of ­Software AG are expressed in thousands of euros unless otherwise stated. ­Software AG waived a voluntary audit and a review of the consolidated interim financial statements (half-year report). [2] Changes in the Consolidated Group The following changes occurred in the consolidated Group in the first six months of fiscal 2014. The disposals relate to the sale of IDS Scheer entities in Germany, Austria and Switzerland as well as to the merger of a company in the USA. [3] Accounting Policies The same accounting policies have been applied to the con- solidated interim financial statements as were applicable to the consolidated financial statements as of December 31, 2013. For more detailed information on accounting policies, please see Note 3 of the consolidated financial statements for fiscal 2013. These quarterly financial statements have been prepared in accordance with IAS 34: Interim Financial Reporting. First-time application of new accounting rules The accounting rules to be applied in fiscal 2014 regarding IAS 32 "Financial Instruments" (description of balancing fi- nancial assets and financial liabilities) had no significant effect on ­Software AG's half-year financial statements. Germany Foreign Total Jan. 1, 2014 12 77 89 Additions – – – Disposals (including mergers) 1 3 4 June 30, 2014 11 74 85 Notes to the Interim Financial Statements Software AG | Interim Report 2 | 2014 24