思爱普SAP AG (SAP) 1997年年度报告「NYSE」.pdf

1、1997SAP ANNUAL REPORT!SAP GB 98 E/1-75 fr pdf 05.05.1998 11:58 Uhr Seite 1CONTENTSSAP Profile4Highlights 976Letter to Shareholders12New Dimensions in SAPs Expanding World14Supervisory Board and Executive Board16Review of Operations18SAP Shareholder Information28Employees34Product Development40Produc

2、ts and Services46Markets56R/3 Implementation68Glossary741997 Consolidated Financial Statements and Annual Financial Statements of SAP AG76Consolidated Balance Sheets78Consolidated Income Statements80Balance Sheets SAP Aktiengesellschaft82Consolidated Statement of Fixed Assets84Statement of Fixed Ass

3、ets SAP Aktiengesellschaft86Investments of SAP Aktiengesellschaft and the Group88Notes to the 1997 Financial Statements90Independent Auditors Report109Report of the Supervisory Board110Five-Year Summary:SAP Group112Addresses114Financial Calendar1183SELECTED FINANCIAL HIGHLIGHTS*Per DM 5.00 par value

4、 share*German Association for FinancialAnalysts and Investment Consultants*In 1996 an anniversary bonus ofDM 0.50 was added to the dividendper ordinary and preference share19931994199519961997Sales1,101.71,831.12,696.43,722.26,017.5per employee0.3200.4140.4190.4550.521Personnel expenditure466.2675.2

5、956.71,338.52,074.9as%of sales42.336.935.536.034.5Employees at year-end3,6485,2296,8579,20212,856Development expenditure267.7369.6438.2588.9813.3as%of sales24.320.216.315.813.5Net income146.3281.2404.8567.5925.4as%of sales13.315.415.015.215.4Earnings per share(DM)*1.462.784.005.488.87(adjusted accor

6、ding to DVFA/SG*method)Cash flow(DVFA/SG*method)212.1386.5559.0782.71,230.1as%of sales19.321.120.721.020.4Balance sheet total1,306.21,749.72,218.23,367.15,070.3Equity1,008.61,236.21,529.52,211.33,062.4as%of balance sheet total77.270.769.065.760.4Dividend per ordinary share(DM)*0.440.851.301.802.80Di