WALLDORF, Germany, March 23, 2012 /PRNewswire/ -- SAP AG (NYSE: SAP) announced today that its Annual Report to Shareholders (including the IFRS audited financial statements) for the year ended December 31, 2011 is now available, and that SAP's Annual Report on Form 20-F has been filed with the U.S. Securities and Exchange Commission (SEC). Both reports can be accessed via SAP's Web site at www.sap.com/investor and www.sap.de/investor. Hardcopies of both reports can be ordered free of charge:
(i) online at www.sap.com/investor and www.sap.de/investor,
(ii) via phone +49 6227 7-67336 or +1-877-727-7862 or
In the 2011 Annual Report to Shareholders, SAP reaffirmed its previously published (January 25, 2012) business outlook for the full-year 2012.
The Company expects full-year 2012 non-IFRS software and software-related service revenue to increase in a range of 10% to 12% at constant currencies (2011: euro 11.35 billion). This includes a contribution of up to 2 percentage points from SuccessFactors' business.
The Company expects full-year 2012 non-IFRS operating profit to be in a range of euro 5.05 billion to euro 5.25 billion at constant currencies (2011: euro 4.71 billion). Full-year 2012 non-IFRS operating profit excluding SuccessFactors is expected to be in a similar range.
The Company projects a full-year 2012 IFRS effective tax rate of 26.5% to 27.5% (2011: 27.9%) and a non-IFRS effective tax rate of 27.0% to 28.0% (2011: 26.6%).
Also in the 2011 Annual Report to Shareholders, SAP stated that by 2015, it aims to increase annual total revenue to more than euro 20 billion. In the same period, SAP aims to widen its non-IFRS operating margin to 35%.
In addition, SAP announced today new long-term incentive programs for employees and Executive Board members that are designed to reward participants for their contribution to achieving the company's ambitious 2015 goals. In addition, SAP has expanded the share matching plan 2012 for employees in celebration of SAP's 40th anniversary. For more information on these incentive programs as well as the estimated amount of share-based compensation expenses for 2012 see the following Webmessages online at www.sap.com/investor.
SAP Expands Employee and Board Member Participation in Company's Success SAP's Non-IFRS Financial Measures: 2012 Estimates of the Differences Between IFRS and Non-IFRS
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