SAP fourth quarter net profit 1.471 billion dollar cloud service develops rapidly

Beijing Time January 23 News, German software manufacturers SAP Tuesday released its as of December 31, 2012 http://www.aliyun.com/zixun/aggregation/30439.html "> Preliminary financial reports for the quarter and 2012. According to International Financial Reporting Standards (IFRS), SAP's fourth-quarter revenue was € 5.022 billion (about 6.693 billion U.S. dollars), 4.499 billion euros (about 5.996 billion US dollars) a year earlier, up 12% per cent year-on-year. Net profit of € 1.104 billion (about 1.471 billion US dollars), 1.197 billion euros (about 1.595 billion US dollars) a year earlier, down 8% per cent year-on-year.

According to IFRS, SAP revenue for fiscal year 2012 reached 16.222 billion euros, 14.233 billion euros a year earlier, 14% per cent, net profit of 2.826 billion euros, and 3.439 billion euros a year earlier, down 18% per cent year-on-year.

The following are the highlights of SAP's fourth-quarter and 2012 financial year earnings:

-based on non-international Financial Reporting Standards (NON-IFRS), revenue from SAP software and software-related services has achieved double-digit growth for 12 consecutive quarters.

-Revenue exceeded expectations: in constant price, based on non-international Financial Reporting Standards (NON-IFRS), SAP software and software-related services revenue increased by 13% throughout 2012.

-based on non-IFRS (NON-IFRS), revenue from software and cloud subscriptions has reached € 5 billion in the year 2012, up 21% over the same period (up to 17% per cent).

SAP's software innovation business has grown strongly in the--2012 fiscal year: Revenue from SAP HANA Business is € 392 million, with revenue from the mobile sector at € 222 million.

-Cloud services are booming: revenue from services is close to 850 million euros in fiscal 2012.

Operating profit for the--2012 fiscal year rose 11% to 5.21 billion euros (€ 5.02 billion at unchanged price, up 7% per cent). The guidance range is 50.5-5.25 billion euros).

--based on IFRS, SAP's net profit for the fourth quarter was € 1.104 billion, down 8% per cent, and a share of 0.93 euros, down 8% year-on-year. SAP's net profit for the 2012 fiscal year was 2.826 billion euros, down 18% per cent, and a share of € 2.37, down 18% year-on-year.

-based on non-international Financial Reporting Standards (NON-IFRS), SAP's fourth quarter net profit was € 1.359 billion, an increase of 6% per cent, with a diluted earnings of € 1.14, year-on-year growth of 2012 fiscal year net profit of 3.608 billion euros, and a year-on-year increase of 7% Diluted earnings per share of 3.03 euros, an increase of 7% year-on-year.

Business outlook:

Based on non-international Financial Reporting Guidelines (NON-IFRS): Revenue for software and cloud subscriptions is expected to increase by 14% to 20% in 2013; Cloud subscription and support business revenue will reach € 750 million; software and related services revenue growth between 11% to 13% , operating profit for 2013 is expected to reach between 5.85 billion and 5.95 billion euros.

Based on IFRS, the effective tax rate for fiscal year 2013 is expected to be 25.5% to 26.5%; Based on non-IFRS (NON-IFRS), the effective tax rate is expected to be 27% to 28%. (Compile/Joshui)

(Responsible editor: The good of the Legacy)