1、Focused.Annual Report and Accounts 2011 2011 overview Key highlights 201101 What we do Business review02 Executive Chairman s statement05 Operational and fi nancial review11 Corporate social responsibility14 Principal risks and uncertainties Management and governance16 Board of directors18 Directors
2、 report22 Corporate governance28 Remuneration report35 Key performance indicators(KPIs)36 Statement of directors responsibilities in respect of the annual report,the directors remuneration report and the fi nancial statements Consolidated fi nancial statements and notes37 Independent auditors report
3、 to the members of Micro Focus International plc38 Consolidated statement of comprehensive income 39 Consolidated statement of fi nancial position 40 Consolidated statement of changes in equity 41 Consolidated statement of cash fl ows 42 Summary of signifi cant accounting policies48 Notes to the con
4、solidated fi nancial statements Company fi nancial statements and notes65 Independent auditors report to the members of Micro Focus International plc66 Company balance sheet67 Notes to the Company fi nancial statements Additional information73 Offi ces worldwide74 Historical summary75 Key dates and
5、share management76 Company information76 Directors,Secretary,registered offi ce and advisers76 Forward-looking statementsKey highlights 2011Contents*AMQ was formed through the acquisitions of the ASQ division of Compuware on 29 May 2009 and Borland on 27 July 2009 respectively.Pro forma revenues rep
6、resent management s estimate of the comparable revenue if the businesses had been owned throughout the year ended 30 April 2010.*In assessing the performance of the business,the directors use non GAAP measures“Adjusted EBITDA”,“Adjusted operating profi t”and“Adjusted earnings per share”,being the re