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Consolidated Statements of Income

for the years ended December 31,

€ millions, unless otherwise stated Note 2007 2006 2005
   Software revenue   3,407 3,003 2,743
   Support revenue   3,838 3,464 3,170
    Subscription and other software-related service revenue   182 129 42
   Software and software-related service revenue   7,427 6,596 5,955
   Consulting revenue   2,221 2,249 2,071
   Training revenue   410 383 342
   Other service revenue   113 96 71
   Professional services and other service revenue   2,744 2,728 2,484
   Other revenue   71 69 70
Total revenue (5) 10,242 9,393 8,509
   Cost of software and software-related services   – 1,310 – 1,091 – 983
   Cost of professional services and other services   – 2,091 – 2,073 – 1,925
   Research and development   – 1,458 – 1,335 – 1,089
   Sales and marketing (6) – 2,162 – 1,908 – 1,746
   General and administration   – 506 – 464 – 435
   Other operating income, net (7) 17 56 6
Total operating expenses   – 7,510 – 6,815 – 6,172
Operating income   2,732 2,578 2,337
         
   Other non-operating income/expense, net (8) 1 – 12 – 25
   Financial income, net (9) 124 122 11
Income from continuing operations before income taxes   2,857 2,688 2,323
         
   Income taxes (10) – 921 – 805 – 818
   Minority interests   – 2 – 2 – 3
Income from continuing operations   1,934 1,881 1,502
         
   Loss from discontinued operations, net of tax (11) – 15 – 10 – 6
Net income   1,919 1,871 1,496
         
   Earnings per share from continuing operations – basic in € (12) 1.60 1.53 1.21
   Earnings per share from continuing operations – diluted in € (12) 1.60 1.53 1.21
         
   Earnings per share from net income – basic in € (12) 1.59 1.53 1.21
   Earnings per share from net income – diluted in €  (12) 1.59 1.52 1.20

The accompanying Notes are an integral part of these Consolidated Financial Statements.