Annual Report 2002 - Software AG
Annual Report 2002 - Software AG
Annual Report 2002 - Software AG
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Breakdown of costs<br />
in million EUR <strong>2002</strong> 2001 Change in %<br />
Revenue 475.0 588.5 -19.3<br />
Cost of materials 41.4 52.3 -20.8<br />
As a percentage of revenue 8.7 8.9 -<br />
Personnel expenses 258.0 281.5 -8.3<br />
As a percentage of revenue 54.3 47.8 -<br />
Depreciation and amortization<br />
(excluding write-down of financial assets) 32.0 31.3 +2.2<br />
As a percentage of revenue 6.7 5.3 -<br />
Other operating expenses 149.2 156.1 -4.4<br />
As a percentage of revenue 31.4 26.5 -<br />
Balance sheet<br />
in million EUR Dec. 31, <strong>2002</strong> Dec. 31, 2001 Change in %<br />
Assets<br />
Fixed assets 221.1 247.9 -10.8<br />
Cash and cash equivalents 75.4 50.2 +50.2<br />
Other current assets 137.2 194.3 -29.4<br />
Prepaid expenses 7.1 11.6 -38.8<br />
Total 440.8 504.0 -12.5<br />
Equity and liabilities<br />
MAN<strong>AG</strong>EMENT REPORT<br />
Equity 214.5 196.2 +9.3<br />
Provisions 108.7 114.9 -5.4<br />
Liabilities 35.9 77.6 -53.7<br />
Deferred income 81.7 115.3 -29.1<br />
Total 440.8 504.0 -12.5<br />
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