This table provides a recent history of SAP capital operations and stock splits. For a history of SAP share capital dating to 1976, access the Capital Operations & Stock Splits report (PDF, 57 KB).

(Note: the tables provided do not yet take the 2006 change in share capital into consideration.)

Explanation	Ordinary shares no. of shares	Capital stock € (thousands)**
Status, December 31, 2003	315,413,553	315,413
Contingent capital increase of €420,960 by resolution of General Shareholders' Meeting on June 22, 1994 as amended by resolution of General Shareholders' Meeting on May 3, 2002 (original resolution of General Shareholders' Meeting on May 5, 2000 and May 3, 2001)	+ 420,960	421
Contingent capital increase of €169,087 by resolution of General Shareholders' Meeting on May 3, 2002 (original resolution of General Shareholders' Meeting on January 18, 2000 and May 5, 2000)	+ 169,087	169
Status, December 31, 2004	316,003,600	316,004
Contingent capital increase of €169,218 by resolution of General Shareholders' Meeting on January 18, 2000 as amended by resolution of General Shareholders' Meeting on May 3, 2001 (CR* April 7, 2006)	169,218	169
Contingent capital increase of €285,003 by resolution of General Shareholders' Meeting on May 3, 2002 (CR* April 7, 2006)	285,003	285
Status, December 31, 2005	316,457,821	316,458
Contingent capital increase of €204,959,000 by resolution of General Shareholders' Meeting on January 18, 2000 as amended by resolution of General Shareholders' Meeting on May 3, 2001	204,959	204
Contingent capital increase of €221,532,000 by resolution of General Shareholders' Meeting on May 3, 2002	221,532	221
Capital increase from the company's own resources: conversion of a part amount of €134,768,000 from the capital reserves and a part amount of €815,884,936 from the "other revenue reserves" listed under revenue reserves by issuing 950,652,936 new shares (CR* December 15, 2006) (CR* April 7, 2006)	950,652,936	950,652
Status, December 31, 2006	1,267,537,248	1,267,537
Authorized and contingent capital (Status: December 31, 2006)
Authorized capital I + II each of €60,000,000
Authorized capital Ia + IIa each of €180,000,000
Authorized capital III of €15,000,000
Contingent capital III €2,061,992
Contingent capital IIIa €35,943,188
Contingent capital IV of €25,000,000
Contingent capital IVa of €75,000,000
Contingent capital VI of €74,135,520
*CR = entry in the commercial register
** Conversion from Deutsche Mark to Euro based on exchange rate of 1.95583DM/€, fixed on January 1, 1999
Contingent capital represents shares that had been authorized in conjunction with a convertible bond or stock option program and that were not yet issued or outstanding.