SAP Announces Availability of 2010 Annual Report to Shareholders and Annual Report on Form 20-F

WALLDORF, Germany, March 18, 2011 /PRNewswire/ -- SAP AG (NYSE: SAP) announced today that its Annual Report to Shareholders and its Annual Report on Form 20-F (both including the IFRS audited consolidated financial statements) for the year ended December 31, 2010 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

(iii) by sending an e-mail to [email protected].

In the 2010 Annual Report, SAP reaffirmed its previously (January 26, 2011) published business outlook for the full-year 2011.

• Full-year 2011 non-IFRS software and software-related service revenue is expected to increase in a range of 10% to 14% at constant currencies (2010: Euro 9.87 billion).
• Full-year 2011 non-IFRS operating profit is expected to be in a range of Euro 4.45 billion to Euro 4.65 billion at constant currencies (2010: Euro 4.00 billion), resulting in 2011 non-IFRS operating margin increasing in a range of 0.5 to 1.0 percentage points at constant currencies (2010: 32.0%).
• Full-year 2011 IFRS effective tax rate is projected to be 27.0% to 28.0% (2010: 22.5%) and the non-IFRS effective tax rate is projected to be 27.5% to 28.5% (2010: 27.3%).  

SAP expects to hire in all regions in 2011, including in Germany.

Also in the 2010 Annual Report, SAP stated that by the middle of the present decade, it aims to achieve a non-IFRS operating margin of 35% in average annual increments of up to 100 basis points, to increase annual total revenue to at least Euro 20 billion, and to increase the share of software revenue generated through indirect channels by up to 40%, which would be more than twice the proportion generated through indirect channels in 2010. In the execution of its strategy, technology partners are essential to advance SAP's research agenda, to monetize in-memory technologies, and to enhance its solution portfolio.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 109,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com. 

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2011 SAP AG. All rights reserved.

SAP, R/3, SAP NetWeaver, Duet, PartnerEdge, ByDesign, SAP BusinessObjects Explorer, StreamWork, and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and other countries.

Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal Decisions, Web Intelligence, Xcelsius, and other Business Objects products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of Business Objects Software Ltd. Business Objects is an SAP company. Sybase and Adaptive Server, iAnywhere, Sybase 365, SQL Anywhere, and other Sybase products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of Sybase, Inc. Sybase is an SAP company.

All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary.

These materials are subject to change without notice. These materials are provided by SAP AG and its affiliated companies ("SAP Group") for informational purposes only, without representation or warranty of any kind, and SAP Group shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP Group products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty.

Note to editors:

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SOURCE SAP AG

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