INCOME STATEMENT
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2003 |
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2002 |
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€(000) |
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€(000) |
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Total revenue |
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2,954,720 |
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2,773,697 |
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Other operating income |
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676,106 |
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666,876 |
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Cost of services and materials |
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– 864,956 |
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– 790,124 |
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Personnel expenses |
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– 762,170 |
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– 619,455 |
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Depreciation and amortization |
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– 331,307 |
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– 221,319 |
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Other operating expenses |
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– 674,681 |
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– 921,065 |
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Finance income |
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358,173 |
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– 375,805 |
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 |
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Income from ordinary activities |
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1,355,886 |
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512,805 |
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Income taxes |
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– 301,107 |
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– 235,712 |
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 |
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Net income |
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1,054,779 |
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277,093 |
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BALANCE SHEET
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12/31/2003 |
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12/31/2002 |
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€(000) |
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€(000) |
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Intangible assets |
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354,716 |
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585,815 |
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Property, plant and equipment |
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617,653 |
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572,483 |
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Financial assets |
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1,760,120 |
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1,628,773 |
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Fixed assets |
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2,732,489 |
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2,787,071 |
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Inventories |
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2,394 |
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2,952 |
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Accounts receivable |
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1,022,146 |
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961,674 |
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Marketable securities |
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461,631 |
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265,546 |
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Liquid assets |
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453,409 |
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111,324 |
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Non-fixed assets |
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1,939,580 |
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1,341,496 |
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Deferred taxes |
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27,121 |
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22,567 |
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Prepaid expenses and deferred charges |
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17,423 |
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19,902 |
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Total assets |
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4,716,613 |
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4,171,036 |
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Shareholders’ equity |
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3,160,697 |
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2,278,810 |
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Reserves and accrued liabilities |
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627,876 |
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579,896 |
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Other liabilities |
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927,702 |
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1,309,110 |
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Deferred income |
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338 |
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3,220 |
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Total shareholders’ equity and liabilities |
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4,716,613 |
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4,171,036 |
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The complete Financial Statements and unqualified auditors’ report for SAP AG are published in the Bundesanzeiger (German Federal Gazette) and deposited with the Commercial Registry of the Heidelberg Municipal Court. They can be obtained from SAP AG on request. |
