Consolidated income statement
CONSOLIDATED INCOME STATEMENT for the nine months ended September 30, 2009
(January 1 to September 30, 2009 and January 1 to September 30, 2008)
IFRS, unaudited
| in € thousands | Sept. 30, 2009 | Sept. 30, 2008 | Change in % | Q3|2009 | Q3|2008 | Change in % |
| Licenses | 171,193 | 184,518 | – 7 | 62,071 | 67,771 | – 8 |
| Maintenance | 228,195 | 191,333 | 19 | 81,137 | 70,197 | 16 |
| Professional Services | 153,498 | 130,463 | 18 | 69,504 | 41,763 | 66 |
| Other | 2,366 | 1,891 | 25 | 873 | 316 | 176 |
| Total revenue | 555,252 | 508,205 | 9 | 213,585 | 180,047 | 19 |
| Costs of sales | – 183,325 | – 147,332 | 24 | – 78,530 | – 48,273 | 63 |
| Gross profit | 371,927 | 360,873 | 3 | 135,055 | 131,774 | 2 |
| Research and development expenses | – 58,996 | – 56,721 | 4 | – 19,623 | – 19,397 | 1 |
| Sales, marketing and distribution expenses | – 129,672 | – 127,957 | 1 | – 45,184 | – 44,086 | 2 |
| General and administrative expenses | – 48,565 | – 47,773 | 2 | – 16,245 | – 15,684 | 4 |
| Operating result | 134,694 | 128,422 | 5 | 54,003 | 52,607 | 3 |
| Other operating income | 28,524 | 21,742 | 31 | 7,738 | 7,576 | 2 |
| Other operating expenses | – 24,442 | – 24,535 | 0 | – 5,311 | – 11,521 | – 54 |
| Eearnings before interest and taxes (EBIT) | 138,776 | 125,629 | 10 | 56,430 | 48,662 | 16 |
| Net financial income/expense | – 1,912 | – 4,459 | – 1,657 | – 1,572 | ||
| Earnings before taxes | 136,864 | 121,170 | 13 | 54,773 | 47,090 | 16 |
| Income taxes | – 42,021 | – 38,899 | 8 | – 16,279 | – 15,590 | 4 |
| Other taxes | – 2,149 | – 1,622 | 32 | – 379 | – 498 | – 24 |
| Net income | 92,694 | 80,649 | 15 | 38,115 | 31,002 | 23 |
| thereof attributable to shareholders of Software AG | 93,627 | 80,649 | 16 | 38,707 | 31,002 | 25 |
| thereof attributable to minority interest | – 933 | 0 | – 592 | 0 | ||
| Earnings per share (EUR, basic) | 3.27 | 2.82 | 16 | 1.35 | 1.08 | 25 |
| Earnings per share (EUR, diluted) | 3.26 | 2.82 | 16 | 1.35 | 1.08 | 25 |
| Weighted average shares outstanding (basic) | 28,674,821 | 28,587,447 | - | 28,692,115 | 28,615,731 | - |
| Weighted average shares outstanding (diluted) | 28,688,234 | 28,621,957 | - | 28,705,528 | 28,650,241 | - |
