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1、2007.AnnualreportTaking our customers into the futureContents1Business focus2Performance focus4Market focus6Solutions focus7People focus8Customer focus9Chairmans statement10Chief Executive Officers statement13Finance review16Board focus18Directors report20Corporate governance25Corporate and social r
2、esponsibility26Remuneration report32Statement of directors responsibilities33Independent auditors report to the membersof Micro Focus International plc(Group)34Consolidated income statement35Consolidated balance sheet36Consolidated statement of changesin shareholders equity37Consolidated cash flow s
3、tatement38Summary of significant accounting policies44Notes to the financial statements62Independent auditors report to the membersof Micro Focus International plc(Company)64Company balance sheet65Notes to the Company financial statements69Directors,Secretary,registered office and advisers70Offices7
4、1Historical summaryWelcomeMicro Focus provides innovative software solutionsfor assessing,managing and modernising existingapplications.This helps organisations increase thevalue of their businesses through exploitation oftheir core IT assets and to swiftly respond tobusiness change.IT leaders face
5、a very real problem.The enterpriseapplications that are at the heart of their businessesare absorbing human and financial resources.As much as 70%of IT spend may be taken up bysimply maintaining an intimidating array of oldand new technology.That leaves little for investingin the innovation and chan
6、ge that businessleaders demand.At Micro Focus we understand these problems.We know that IT must be agile and flexible toenable them to respond dynamically to changingbusiness needs.We have extensive experienceof enterprise technologies and have developeda comprehensive set of solutions,based on thel