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Consolidated Financial Statements U.S. GAAP

SHORT VERSION 

Consolidated Statements of Income
for the years ended December 31,
€ millions, unless otherwise stated

2008 2007 2006
      Software revenue
3,606 3,407 3,003
      Support revenue
4,593 3,838 3,464
      Subscription and other software-related service revenue
258 182 129
   Software and software-related service revenue
8,457 7,427 6,596
      Consulting revenue
2,498 2,221 2,249
      Training revenue
434 410 383
      Other service revenue 107 113 96
   Professional services and other service revenue
3,039 2,744 2,728
   Other revenue
69 71 69
Total revenue 11,565 10,242 9,393
   Cost of software and software-related services
-1,646 -1,310 -1,091
   Cost of professional services and other services -2,296 -2,091 -2,073
   Research and development
-1,631 -1,458 -1,335
   Sales and marketing
-2,540 -2,162 -1,908
   General and administration
-623 -506 -464
   Other operating income/expense, net
11 17 56
Total operating expenses -8,725 -7,510 -6,815
Operating income 2,840 2,732 2,578
       
   Other non-operating income/expense, net
-25 1 -12
   Financial income/expense, net
-62 124 122
Income from continuing operations before income taxes
2,753 2,857 2,688
       
   Income taxes
-825 -921 -805
   Minority interests
-1 -2 -2
Income from continuing operations 1,927 1,934 1,881
       
   Loss from discontinued operations, net of tax
-59 -15 -10
Net income
1,868 1,919 1,871
       
   Earnings per share from continuing operations – basic in €
1.62 1.60 1.53
   Earnings per share from continuing operations – diluted in €
1.62 1.60 1.53
       
   Earnings per share from net income – basic in € 1.57 1.59 1.53
   Earnings per share from net income – diluted in € 1.57 1.59 1.53