Skip to Content

Primary Consolidated Financial Statements

Consolidated Income Statements of SAP Group for the Years Ended December 31

Consolidated Income Statements of SAP Group
for the Years Ended December 31

€ millions, unless otherwise stated   Notes   2015   2014   2013
Cloud subscriptions and support       2,286   1,087   696
Software licenses       4,835   4,399   4,516
Software support       10,093   8,829   8,293
Software licenses and support       14,928   13,228   12,809
Cloud and software       17,214   14,315   13,505
Services       3,579   3,245   3,310
Total revenue   (5)   20,793   17,560   16,815
                 
Cost of cloud subscriptions and support       -1,022   -481   -314
Cost of software licenses and support       -2,291   -2,076   -2,056
Cost of cloud and software       -3,313   -2,557   -2,370
Cost of services       -3,313   -2,716   -2,660
Total cost of revenue       -6,626   -5,272   -5,031
Gross profit       14,167   12,288   11,784
Research and development       -2,845   -2,331   -2,282
Sales and marketing       -5,401   -4,304   -4,131
General and administration       -1,048   -892   -866
Restructuring   (6)   -621   -126   -70
TomorrowNow and Versata litigation   (23)   0   -309   31
Other operating income/expense, net       1   4   12
Total operating expenses       -16,541   -13,230   -12,336
Operating profit       4,252   4,331   4,479
                 
Other non-operating income/expense, net   (8)   -256   49   -17
Finance income       241   127   115
Finance costs       -246   -152   -181
Financial income, net   (9)   -5   -25   -66
Profit before tax       3,991   4,355   4,396
                 
Income tax TomorrowNow and Versata litigation       0   86   -8
Other income tax expense       -935   -1,161   -1,063
Income tax expense   (10)   -935   -1,075   -1,071
Profit after tax       3,056   3,280   3,325
Attributable to owners of parent       3,064   3,280   3,326
Attributable to non-controlling interests       -8   0   -1
                 
Earnings per share, basic (in €)   (11)   2.56   2.75   2.79
Earnings per share, diluted (in €)   (11)   2.56   2.74   2.78

 

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

Collapse
Consolidated Statements of Comprehensive Income of SAP Group for the Years Ended December 31

Consolidated Statements of Comprehensive Income of
SAP Group for the Years Ended December 31

€ millions   Notes   2015   2014   2013
Profit after tax       3,056   3,280   3,325
Items that will not be reclassified to profit or loss                
Remeasurements on defined benefit pension plans   (18)   -19   -30   16
Income tax relating to items that will not be reclassified   (10)   2   7   -3
Other comprehensive income after tax for items that will not be reclassified to profit or loss       -17   -23   13
Items that will be reclassified subsequently to profit or loss   (20)            
Exchange differences       1,845   1,161   -576
Available-for-sale financial assets   (26)   128   128   60
Cash flow hedges   (25)   15   -38   0
Income tax relating to items that will be reclassified   (10)   10   31   -8
Other comprehensive income after tax for items that will be reclassified to profit or loss       1,997   1,282   -524
Other comprehensive income net of tax       1,980   1,259   -511
Total comprehensive income       5,036   4,539   2,814
Attributable to owners of parent       5,044   4,539   2,815
Attributable to non-controlling interests       -8   0   -1

 

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

Collapse
Consolidated Statements of Financial Position of SAP Group as at December 31

Consolidated Statements of Financial Position of SAP Group
as at December 31

€ millions   Notes   2015   2014
Cash and cash equivalents       3,411   3,328
Other financial assets   (12)   351   678
Trade and other receivables   (13)   5,275   4,342
Other non-financial assets   (14)   468   435
Tax assets       235   215
Total current assets       9,739   8,999
Goodwill   (15)   22,689   21,000
Intangible assets   (15)   4,280   4,604
Property, plant, and equipment   (16)   2,192   2,102
Other financial assets   (12)   1,336   1,021
Trade and other receivables   (13)   87   100
Other non-financial assets   (14)   332   164
Tax assets       282   231
Deferred tax assets   (10)   453   343
Total non-current assets       31,651   29,566
Total assets       41,390   38,565
             
€ millions   Notes   2015   2014
Trade and other payables   (17)   1,088   1,032
Tax liabilities       230   339
Financial liabilities   (17)   841   2,561
Other non-financial liabilities   (17)   3,407   2,811
Provisions   (18)   299   150
Deferred income   (19)   2,001   1,680
Total current liabilities       7,867   8,574
Trade and other payables   (17)   81   55
Tax liabilities       402   371
Financial liabilities   (17)   8,681   8,980
Other non-financial liabilities   (17)   331   219
Provisions   (18)   180   151
Deferred tax liabilities   (10)   448   603
Deferred income   (19)   106   78
Total non-current liabilities       10,228   10,457
Total liabilities       18,095   19,031
Issued capital       1,229   1,229
Share premium       558   614
Retained earnings       20,044   18,317
Other components of equity       2,561   564
Treasury shares       -1,124   -1,224
Equity attributable to owners of parent       23,267   19,499
             
Non-controlling interests       28   34
Total equity   (20)   23,295   19,534
Total equity and liabilities       41,390   38,565

 

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

Collapse
Consolidated Statements of Changes in Equity of SAP Group for the Years Ended December 31

Consolidated Statements of Changes in Equity of SAP Group
for the Years Ended December 31

€ millions   Equity Attributable to Owners of Parent   Non-Controlling Interests   Total Equity
Issued Capital   Share Premium   Retained Earnings   Other Components of Equity   Treasury Shares   Total
Exchange Differences   Available-for-Sale Financial Assets   Cash Flow Hedges
Notes   (20)   (20)   (20)   Statement of Comprehensive Income   (20)            
January 1, 2013   1,229   492   13,934   -236   22   20   -1,337   14,125   8   14,133
Profit after tax           3,326                   3,326   -1   3,325
Other comprehensive income           13   -584   60           -511       -511
Comprehensive income           3,339   -584   60           2,815   -1   2,814
Share-based payments       30                       30       30
Dividends           -1,013                   -1,013       -1,013
Reissuance of treasury shares under share-based payments       29                   57   86       86
Other changes           -2                   -2   1   -1
December 31, 2013   1,229   551   16,258   -820   82   20   -1,280   16,040   8   16,048
Profit after tax           3,280                   3,280       3,280
Other comprehensive income           -23   1,182   128   -28       1,259       1,259
Comprehensive income           3,257   1,182   128   -28       4,539       4,539
Share-based payments       34                       34       34
Dividends           -1,194                   -1,194       -1,194
Reissuance of treasury shares under share-based payments       29                   56   85       85
Additions from business combinations                                   26   26
Other changes           -4                   -4       -4
December 31, 2014   1,229   614   18,317   362   211   -8   -1,224   19,499   34   19,534
Profit after tax           3,064                   3,064   -8   3,056
Other comprehensive income           -17   1,861   125   11       1,980       1,980
Comprehensive income           3,047   1,861   125   11       5,044   -8   5,036
Share-based payments       -136                       -136       -136
Dividends           -1,316                   -1,316       -1,316
Reissuance of treasury shares under share-based payments       80                   100   180       180
Other changes           -4                   -4   2   -2
December 31, 2015   1,229   558   20,044   2,223   336   3   -1,124   23,267   28   23,295

 

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

Collapse
Consolidated Statements of Cash Flows of SAP Group for the Years Ended December 31

Consolidated Statements of Cash Flows of
SAP Group for the Years Ended December 31

€ millions   Note   2015   2014   2013
Profit after tax       3,056   3,280   3,325
Adjustments to reconcile profit after taxes to net cash provided by operating activities:                
Depreciation and amortization   (15), (16)   1,289   1,010   951
Income tax expense   (10)   935   1,075   1,071
Financial income, net   (9)   5   25   66
Decrease/increase in sales and bad debt allowances on trade receivables       45   47   42
Other adjustments for non-cash items       -2   70   62
Decrease/increase in trade and other receivables       -844   -286   -110
Decrease/increase in other assets       -313   -329   -136
Decrease/increase in trade payables, provisions, and other liabilities       757   573   -176
Decrease/increase in deferred income       218   16   125
Cash outflows due to TomorrowNow and Versata litigation   (23)   0   -555   -1
Interest paid       -172   -130   -159
Interest received       82   59   67
Income taxes paid, net of refunds       -1,420   -1,356   -1,295
Net cash flows from operating activities       3,638   3,499   3,832
Business combinations, net of cash and cash equivalents acquired       -39   -6,360   -1,160
Cash receipts from derivative financial instruments related to business combinations       266   -111   0
Total cash flows for business combinations, net of cash and cash equivalents acquired   (4)   226   -6,472   -1,160
Purchase of intangible assets and property, plant, and equipment       -636   -737   -566
Proceeds from sales of intangible assets or property, plant, and equipment       68   46   55
Purchase of equity or debt instruments of other entities       -1,871   -910   -1,531
Proceeds from sales of equity or debt instruments of other entities       1,880   833   1,421
Net cash flows from investing activities       -334   -7,240   -1,781
Dividends paid   (20)   -1,316   -1,194   -1,013
Proceeds from reissuance of treasury shares       64   51   49
Proceeds from borrowings       1,748   7,503   1,000
Repayments of borrowings       -3,852   -2,062   -1,625
Net cash flows from financing activities       -3,356   4,298   -1,589
Effect of foreign currency rates on cash and cash equivalents       135   23   -191
Net decrease/increase in cash and cash equivalents       83   580   271
Cash and cash equivalents at the beginning of the period   (20)   3,328   2,748   2,477
Cash and cash equivalents at the end of the period   (20)   3,411   3,328   2,748

 

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

Collapse
Back to top

Call me now