Five-Year Summary 1)

 

SAP GROUP
 
€ millions, unless otherwise stated 2010 2009 2008 2007 2006
 
Revenue and income          
Software revenue 3,265 2,607 3,606 3,407 3,003
Thereof EMEA region 1,471 1,304 1,844 1,697 1,492
Thereof Americas region 1,247 855 1,184 1,228 1,133
Thereof Asia Pacific Japan region 547 449 578 482 378
Software and software-related service revenue (IFRS) 9,794 8,198 8,466 7,441 6,605
Non-IFRS adjustments 74 11 157 –14  N/A
Software and software-related service revenue (non-IFRS) 9,868 8,209 8,623 7,427  N/A
Total revenue (IFRS) 12,464 10,672 11,575 10,256 9,402
Non-IFRS adjustments 74 11 157 –14 N/A
Total revenue (non-IFRS) 12,538 10,683 11,732 10,242 N/A
% product revenue 79 77 73 73 70
Operating profit (IFRS) 2,591 2,588 2,701 2,698 2,503
Non-IFRS adjustments 1,357 339 600 95 N/A
Operating profit (non-IFRS) 3,947 2,927 3,301 2,793 N/A
Operating margin in % (IFRS) 21 24 23 26 27
Operating margin in % (non-IFRS) 32 27 28 27 N/A
Operating margin in % (non-IFRS at constant currency) 31 28 N/A N/A N/A
Share-based compensation charges 58 54 63 106 129
Restructuring costs 2) –3 198 60 2 3
Acquisition-related charges 3) 300 271 297 61 43
Financial income, net –67 –80 –50 124 122
Profit before tax 2,338 2,435 2,624 2,824 2,614
Profit sales ratio (profit before tax as a percentage of total revenue) 19 23 23 28 28
Return on equity (net income as a percentage of average equity) 20 22 27 30 31
Income tax expense –525 –685 –776 –916 –778
Profit after tax 1,813 1,750 1,848 1,908 1,836
 
Liquidity and cash flow
Net cash flows from operating activities 2,932 3,015 2,158 1,932 1,847
Net cash flows from investing activities –3,994 –299 –3,766 –1,391 –134
Net cash flows from financing activities 2,510 –2,166 1,281 –1,287 –1,375
Cash and cash equivalents 3,518 1,884 1,280 1,608 2,399
Restricted cash N/A N/A N/A 550 N/A
Short-term investments 10 400 382 498 483
Group liquidity (cash and cash equivalents/short-term investments/restricted cash) 3,528 2,284 1,662 2,656 2,882
Financial liabilities (due to banks, private placements, bonds) 4,378 703 2,321 27 27
Net liquidity –850 1,581 –659 2,629 2,855
Days’ sales outstanding (DSO) 65 79 71 66 68
 
Assets and equity
Trade and other receivables 4) 3,177 2,598 3,219 2,898 2,443
Total current assets 7,143 5,255 5,571 6,184 5,769
Total non-current assets 13,698 8,119 8,329 3,977 3,563
Total current liabilities (including deferred income) 5,149 3,416 5,824 3,184 2,762
Total non-current liabilities (including deferred income and non-controlling interests) 5,868 1,467 905 499 447
Total equity 9,824 8,491 7,171 6,478 6,123
Total assets 20,841 13,374 13,900 10,161 9,332
Equity ratio (total equity as a percentage of the total assets) 47 63 52 64 66
Debt ratio (total liabilities as a percentage of total assets) 53 37 48 36 34
Investment in intangible assets or property, plant, and equipment (incl. capitalizations due to acquisitions) 5,502 299 4,898 1,097 902
Depreciation and amortization 534 499 539 262 214
 
Employees 5) and personnel expenses
Number of employees at year-end 53,513 47,584 51,544 44,023 39,355
Number of employees, annual average 49,970 48,471 51,638 42,302 38,053
Women in % 30 29 29 30 30
Personnel expenses 5,261 4,963 4,894 4,191 3,882
Personnel expenses – excluding share-based compensation 5,203 4,909 4,831 4,085 3,753
Personnel expenses per employee – excluding share-based compensation in thousands of € 104 101 94 97 99
 
Research and development expenses
Research and development expenses 1,729 1,591 1,627 1,461 1,344
As a percentage of total revenue 14 15 14 14 14
As a percentage of total operating expenses 18 20 18 19 19
Number of employees in R&D at year-end 5) 15,884 14,813 15,547 12,951 11,801
 
Financial performance measures
Shares outstanding at year-end in millions 6) 1,227 1,226 1,226 1,246 1,268
Weighted average shares, basic in millions 6) 1,188 1,188 1,190 1,207 1,226
Earnings per share in € 6) 1.52 1.47 1.55 1.58 1.50
Weighted average shares, diluted in millions 6) 1,189 1,189 1,191 1,210 1,231
Earnings per share, diluted in € 6) 1.52 1.47 1.55 1.58 1.49
Dividend per common share in € 6), 7) 0.60 0.50 0.50 0.50 0.46
Dividend distributions 7) 713 594 594 594 556
Dividend distributions as a percentage of net income 7) 39 34 32 31 30
Stock prices at year-end – common share in € 6) 38.10 33.00 25.24 35.53 40.26
Stock prices – common share – peak in € 6) 38.40 35.26 39.93 42.27 46.86
Stock prices – common share – lowest in € 6) 31.12 25.01 23.45 33.37 34.56
Market capitalization in billions of € 46.7 40.5 30.9 44.3 51.0
Return on SAP common shares 1-year investment period in % 8) 17.00 32.90 –27.90 –10.60 6.00
Return on SAP common shares 5-years investment period in % 8) 1.20 1.30 –4.40 14.50 2.60
Return on SAP common shares 10-years investment period in % 8) 3.20 –1.20 –1.10 5.20 16.90
 
Non-financial key performance indicators
Carbon emissions in kilotonnes 425 450 530 565 505 9)
Women in top management 10) in % 11.5 11.0 8.7 11.0 11.4
Women managing managers 10) in % 13.7 14.9 14.6 14.7 11.9
Women managing teams 10) in % 19.5 19.0 19.9 19.8 21.5
Total female managers in % 17.8 17.7 18.1 18.2 18.8
Employee turnover in % 9 11 11 10 10
1) Amounts for 2006 to 2010 according to IFRS, unless otherwise stated.
2) Includes € –5 million (2010) and €4 million (2009) acquisition-related charges
3) Amounts for 2010, 2009, 2008 and 2007 according to IFRS; amounts for 2006 according to U.S. GAAP.
4) Includes other receivables in 2008 and later
5) Based on full-time equivalents		 6) All amounts shown reflect the issuance of bonus shares at a 1-to-3 ratio under the capital increase in 2006.
7) 2010 numbers are based on the proposed dividend for 2010 and on 2010 closing level of treasury stock.
8) Assuming all dividends are reinvested
9) Carbon data for 2006 is calculated based on measurements in later years; carbon data do not include Sybase.
10) Relates to different levels of management position
Overview
  • Total revenue €12,464 million Total revenue increased from €10,672 million in 2009 to €12,464 million in 2010, representing an increase of €1,792 million or 17 %.
    Letter from the Co-CEOs
  • Dividends paid out €713 million If the shareholders approve the recommendation that the dividend be increased 20 % to €0.60 per share (2009: €0.50) and if treasury stock remains at the 2010 closing level, the total amount distributed in dividends would be €713 million.
    To Our Shareholders
  • Green house gases 425 kilotonnes GHG emissions for 2010 totaled approximately 425 kilotonnes. This represents a decrease of 6 % compared to the 450 kilotonnes level in 2009.
    Sustainability
  • Employees 53,513 At the end of 2010, our total worldwide headcount expressed in full-time equivalents (FTEs) was 53,513 (December 31, 2009: 47,584 FTEs). This represents an increase in headcount of 5,929 in comparison to 2009.
    Management Report
  • Operating Margin 20,8% Our operating margin was 20.8 % (2009: 24.3 %), a decrease of 3.5 percentage points. Acquisition-related charges and effects from discontinued TomorrowNow activities negatively impacted our operating margin by 10.3 percentage points in 2010 (2009: 3.1 percentage points).
    Financial Statements
  • SSRS Revenue €9,794 million In 2010, software and software-related service revenue increased from €8,198 million in 2009 to €9,794 million, representing an increase of 19 %.
    Additional Information
  • Interactive Charts
    The key data comparator visualizes various corporate key indicators as they progressed from 2006 to 2010. You can choose to view information in bar chart or line chart formats.
    Chart Generator