The financial statements of Software AG (parent company of the Group) were prepared in accordance with the German Commercial Code (HGB). The revenues of the parent company amounting to €140.6 million resulted primarily from royalty income and management fees from subsidiaries. Income of €8.2 million was due to profit transfers and €11.8 million from dividends from affiliated companies. Net income of the parent company amounted to €39.0 million (prior year: €18 million).