GK Software AG2011年年度报告.pdf

1、2011Annual Report Summary of Consolidated Results31.12.201131.12.2010GrowthSales(EUR K)31,75327,69014.7%Total operating revenue(EUR K)33,24228,33817.3%Operating performance(EUR K)33,97129,70614.4%EBIT(EUR K)6,6546,4353.4%EBIT margin(on sales)21.0%23.2%EBIT margin(on total operating revenue)19.6%21.7

2、%EBT(EUR K)6,5696,3074.2%Annual net income(EUR K)4,5644,4712.1%Earnings per share(weighted)12.552.68Earnings per share(diluted)(EUR)22.552.68Equity ratio64.9%54.3%Net debt(EUR K)(8,617)(7,457)15.6%12Developments in terms of quartersEUR KQ1/2011H1/20119M/2011Total/2011Sales6,71914,44520,25631,753EBIT

3、1,1682,4782,8096,654Surplus funds6821,6271,8604,5641 The calculations are based on the average number of shares(1,790,000)entitled to share in the profits on 31 December 2011.On average,1,668,767 shares had been issued on 31 December 2010.Based on the number of shares,earnings per share would have b

4、een 2.74 euros.Based on the number of shares entitled to share in profits on 31 December 2011,ear-nings per share for 2010 would be 2.50 euros.2 A Group share action program had issued preemptive rights to 19,525 shares in all to Group employees by 31 December 2011.Content15 An die Aktionre17 Brief

5、des Vorstandes20 Corporate Governance Bericht nach 289a HGB20 Zusammenarbeit von Vorstand und Aufsichtsrat20 Transparenz20 Risikomanagement20 Entsprechenserklrung23 Bericht des Aufsichtsrates26 Aktie der GK SOFTWARE AG 26 berblick/Kursentwicklung26 Aktionrsstruktur27 Directors Dealings 201127 Invest

6、or Relations29 Konzernlagebericht30 Wirtschaftsbericht30 Geschfts-und Rahmenbedingungen der GK SOFTWARE44 Erluterung des Geschftsergebnisses und Analyse der Vermgens-,Finanz-und Er-tragslage50 Wesentliche Ereignisse nach Beendigung des Geschftsjahres51 Risiken-,Chancen-und Prognosebericht des GK SOF