SAP FY 2010 Earnings Report — SAP SE Revenue & Financial Results | Market Cap Arena

FY 2010 Earnings

Reported March 18, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$14.6B	—	—	—	—
Op. Income	$3.0B	—	—	—	—
Gross Margin	68.8%	—	—	—	—
Net Margin	14.5%	—	—	—	—
EPS (Diluted)	$1.79	—	—	—	—
Free Cash Flow	$3.1B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$14.6B
Cost of Revenue	$4.6B
GROSS PROFIT	$10.0B
R&D Expenses	$2.0B
Selling & Marketing	$3.1B
General & Administrative	$745M
SG&A Expenses	$3.8B
Other Expenses	$1.1B
Operating Expenses	$7.0B
Cost & Expenses	$11.6B
OPERATING INCOME	$3.0B
Interest Income	$66M
Interest Expense	$144M
Other Income/Expenses	-$296M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$615M
Net Income from Continuing Ops	$2.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.1B
D&A	$625M
EBIT	$2.9B
EBITDA	$3.5B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$14.6B
Cost of Revenue	$4.6B
GROSS PROFIT	$10.0B
R&D Expenses	$2.0B
Selling & Marketing	$3.1B
General & Administrative	$745M
SG&A Expenses	$3.8B
Other Expenses	$1.1B
Operating Expenses	$7.0B
Cost & Expenses	$11.6B
OPERATING INCOME	$3.0B
Interest Income	$66M
Interest Expense	$144M
Other Income/Expenses	-$296M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$615M
Net Income from Continuing Ops	$2.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.1B
D&A	$625M
EBIT	$2.9B
EBITDA	$3.5B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$2.1B
Depreciation & Amortization	$625M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$276M
Change in Working Capital	$984M
OPERATING CASH FLOW	$3.5B
Capital Expenditure	-$391M
Acquisitions (Net)	-$4.9B
Purchases of Investments	-$985M
Sales/Maturities of Investments	$1.6B
Other Investing Activities	$50M
NET CASH FROM INVESTING	-$4.7B
Net Debt Issuance	$3.7B
Common Stock Repurchased	-$258M
Common Dividends Paid	-$696M
Other Financing Activities	-$12M
NET CASH FROM FINANCING	$2.9B
FREE CASH FLOW	$3.1B
Net Change in Cash	$1.9B

Balance Sheet

Item	Amount
Cash & Equivalents	$4.1B
Short-Term Investments	$185M
Net Receivables	$3.9B
Inventory	$14M
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$8.4B
PP&E (Net)	$1.7B
Goodwill	$9.8B
Intangible Assets	$2.8B
Long-Term Investments	$556M
Tax Assets	$1.0B
Other Non-Current Assets	$44M
TOTAL NON-CURRENT ASSETS	$15.9B
TOTAL ASSETS	$24.3B
Account Payables	$1.1B
Short-Term Debt	$1M
Deferred Revenue	$1.1B
Other Current Liabilities	$2.1B
TOTAL CURRENT LIABILITIES	$6.0B
Long-Term Debt	$1.3B
Deferred Revenue NC	$74M
Deferred Tax Liabilities	$1.1B
Other Non-Current Liabilities	$4.3B
TOTAL NON-CURRENT LIABILITIES	$6.8B
TOTAL LIABILITIES	$12.8B
Common Stock	$0
Additional Paid-In Capital	$1.8B
Retained Earnings	$11.4B
Treasury Stock	-$1.6B
Accum. Other Comp. Income	$0
Other Equity	-$166M
TOTAL STOCKHOLDERS' EQUITY	$11.4B
Minority Interest	$20M
TOTAL EQUITY	$11.4B
TOTAL LIABILITIES & EQUITY	$24.3B
Total Debt	$59M
Net Debt	-$4.1B