SAP FY 2007 Earnings Report — SAP SE Revenue & Financial Results | Market Cap Arena

FY 2007 Earnings

Reported April 2, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$12.0B	—	$11.0B	—	9.2%
Op. Income	$3.2B	—	$3.0B	—	6.2%
Gross Margin	66.8%	—	66.3%	—	0.5pp
Net Margin	18.7%	—	19.9%	—	-1.2pp
EPS (Diluted)	$1.86	—	$1.78	—	4.6%
Free Cash Flow	$1.8B	—	$1.7B	—	4.0%

Revenue Flow

Item	Amount
REVENUE	$12.0B
Cost of Revenue	$4.0B
GROSS PROFIT	$8.0B
R&D Expenses	$1.7B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.1B
Other Expenses	-$20M
Operating Expenses	$4.8B
Cost & Expenses	$8.8B
OPERATING INCOME	$3.2B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$146M
INCOME BEFORE TAX	$3.4B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$2.3B
Net Income from Discontinued Ops	-$18M
Other Adjustments	$2M
NET INCOME	$2.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.3B
D&A	$306M
EBIT	$3.2B
EBITDA	$3.5B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$12.0B
Cost of Revenue	$4.0B
GROSS PROFIT	$8.0B
R&D Expenses	$1.7B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.1B
Other Expenses	-$20M
Operating Expenses	$4.8B
Cost & Expenses	$8.8B
OPERATING INCOME	$3.2B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$146M
INCOME BEFORE TAX	$3.4B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$2.3B
Net Income from Discontinued Ops	-$18M
Other Adjustments	$2M
NET INCOME	$2.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.3B
D&A	$306M
EBIT	$3.2B
EBITDA	$3.5B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$2.3B
Depreciation & Amortization	$306M
Stock-Based Compensation	$0
Deferred Income Tax	$10M
Other Non-Cash Items	$25M
Change in Working Capital	-$348M
OPERATING CASH FLOW	$2.3B
Capital Expenditure	-$471M
Acquisitions (Net)	-$844M
Purchases of Investments	-$924M
Sales/Maturities of Investments	$1.2B
Other Investing Activities	-$614M
NET CASH FROM INVESTING	-$1.6B
Net Debt Issuance	-$1M
Common Stock Repurchased	-$1.2B
Common Dividends Paid	-$651M
Other Financing Activities	$91M
NET CASH FROM FINANCING	-$1.5B
FREE CASH FLOW	$1.8B
Net Change in Cash	-$927M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$701M
Net Receivables	$3.8B
Inventory	$6M
Other Current Assets	$1.0B
TOTAL CURRENT ASSETS	$7.5B
PP&E (Net)	$1.5B
Goodwill	$1.7B
Intangible Assets	$473M
Long-Term Investments	$0
Tax Assets	$171M
Other Non-Current Assets	$785M
TOTAL NON-CURRENT ASSETS	$4.6B
TOTAL ASSETS	$12.2B
Account Payables	$838M
Short-Term Debt	$30M
Deferred Revenue	$560M
Other Current Liabilities	$2.3B
TOTAL CURRENT LIABILITIES	$3.8B
Long-Term Debt	$2M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$86M
Other Non-Current Liabilities	$689M
TOTAL NON-CURRENT LIABILITIES	$777M
TOTAL LIABILITIES	$4.5B
Common Stock	$0
Additional Paid-In Capital	$1.9B
Retained Earnings	$8.4B
Treasury Stock	-$2.0B
Accum. Other Comp. Income	-$604M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.6B
Minority Interest	$803.1K
TOTAL EQUITY	$7.6B
TOTAL LIABILITIES & EQUITY	$12.2B
Total Debt	$32M
Net Debt	-$1.9B