About Dassault Systèmes
Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.
3DEXPERIENCE, the Compass logo and the 3DS logo, CATIA, SOLIDWORKS, ENOVIA, DELMIA, SIMULIA, GEOVIA, EXALEAD, 3D VIA, BIOVIA, NETVIBES and 3DEXCITE are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.
(Tables to Follow)
TABLE OF CONTENTS
Glossary of Definitions
Non-IFRS Financial Information
Condensed consolidated statements of income
Condensed consolidated balance sheets
Condensed consolidated cash flow statements
IFRS – non-IFRS reconciliation
DASSAULT SYSTEMES
Glossary of Definitions
Information in Constant Currencies
When the Company believes it would be helpful for understanding trends in its business, the Company provides percentage increases or decreases in its revenue (in both IFRS as well as non-IFRS) to eliminate the effect of changes in currency values, particularly the U.S. dollar and the Japanese yen, relative to the euro. When trend information is expressed herein "in constant currencies", the results of the "prior" period have first been recalculated using the average exchange rates of the comparable period in the current year, and then compared with the results of the comparable period in the current year.
Information on Growth excluding acquisitions (“organic growth”)
Growth excluding acquisitions have been calculated using the following restatements of the scope of consolidation: for entities entering the consolidation scope in the current year, subtracting the contribution of the acquisition from the aggregates of the current year, and for entities entering the consolidation scope in the previous year, subtracting the contribution of the acquisition from January 1 of the current year, until the last day of the month of the current year when the acquisition was made the previous year.
Information on Industrial Sectors
The Company’s global customer base includes companies in 12 industrial sectors: Transportation & Mobility; Industrial Equipment; Aerospace & Defense; Financial & Business Services; High-Tech; Life Sciences; Energy, Process & Utilities; Consumer Goods & Retail; Natural Resources; Architecture, Engineering & Construction; Consumer Packaged Goods & Retail and Marine & Offshore. Commencing in 2012 the Company implemented an industry go-to-market strategy with the dual objectives of broadening and deepening its presence in its largest industries as well as increasing the contribution from a diversified set of industrial sectors. “Diversification Industries” include: Architecture, Engineering & Construction; Consumer Goods & Retail; Consumer Packaged Goods & Retail; Energy, Process & Utilities; Finance Business Services; High-Tech; Life Sciences; Marine & Offshore; and Natural Resources. “Core Industries” include: Transportation & Mobility, Industrial Equipment, Aerospace & Defense and a portion of Business Services.
3DEXPERIENCE New Licenses and Software Contribution
To measure the progressive penetration of 3DEXPERIENCE software, the Company utilizes the following ratios: a) for new licenses revenue, the Company calculates the percentage contribution by comparing total 3DEXPERIENCE new licenses revenue to new licenses revenue for all product lines except SOLIDWORKS and acquisitions; and, b) for software revenue, the Company calculates the percentage contribution by comparing total 3DEXPERIENCE software revenue to software revenue for all product lines except SOLIDWORKS and acquisitions.
DASSAULT SYSTEMES
NON-IFRS KEY FIGURES
(unaudited; in millions of Euros,
except per share data, headcount and exchange rates)
Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies’ deferred revenue, share-based compensation expense and related social charges, amortization of acquired intangible assets, other operating income and expense, net, certain one-time financial revenue items and the income tax effect of the non-IFRS adjustments and certain one-time tax effects.
Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.
| In millions of Euros, except per share data and percentages | Three months ended | Nine months ended | ||||||||||||||
| September 30, 2017 | September 30, 2016 | Change | Change in cc* | September 30, 2017 | September 30, 2016 | Change | Change in cc* | |||||||||
| Non-IFRS Revenue | € 752.9 | € 735.5 | 2% | 6% | € 2,329.2 | € 2,183.0 | 7% | 7% | ||||||||
| Non-IFRS Revenue breakdown by activity | ||||||||||||||||
| Software revenue | 670.6 | 647.1 | 4% | 8% | 2,069.4 | 1,930.4 | 7% | 7% | ||||||||
| of which new licenses and other software-related revenue | 175.2 | 164.6 | 6% | 12% | 560.0 | 519.3 | 8% | 9% | ||||||||
| of which periodic licenses, maintenance | 495.4 | 482.5 | 3% | 6% | 1,509.4 | 1,411.1 | 7% | 7% | ||||||||
| Services revenue | 82.3 | 88.4 | -7% | -3% | 259.8 | 252.6 | 3% | 3% | ||||||||
| Non-IFRS software revenue breakdown by product line | ||||||||||||||||
| CATIA software revenue | 230.3 | 237.5 | -3% | -1% | 716.4 | 703.0 | 2% | 1% | ||||||||
| ENOVIA software revenue | 77.6 | 77.0 | 1% | 5% | 235.7 | 229.6 | 3% | 3% | ||||||||
| SOLIDWORKS software revenue | 166.2 | 152.2 | 9% | 16% | 517.1 | 455.9 | 13% | 14% | ||||||||
| Other software revenue | 196.5 | 180.4 | 9% | 13% | 600.2 | 541.9 | 11% | 11% | ||||||||
| Non-IFRS Revenue breakdown by geography | ||||||||||||||||
| Americas | 227.9 | 225.4 | 1% | 7% | 721.7 | 674.8 | 7% | 7% | ||||||||
| Europe | 317.3 | 302.4 | 5% | 7% | 977.5 | 915.5 | 7% | 8% | ||||||||
| Asia | 207.7 | 207.7 | 0% | 5% | 630.0 | 592.7 | 6% | 5% | ||||||||
| Non-IFRS operating income | € 240.7 | € 235.3 | 2% | € 685.2 | € 646.2 | 6% | ||||||||||
| Non-IFRS operating margin | 32.0% | 32.0% | 29.4% | 29.6% | ||||||||||||
| Non-IFRS net income attributable to shareholders | € 165.6 | € 161.6 | 2% | € 460.7 | € 439.0 | 5% | ||||||||||
| Non-IFRS diluted net income per share | € 0.64 | € 0.63 | 2% | € 1.79 | € 1.71 | 5% | ||||||||||
| Closing headcount | 15,562 | 14,921 | 4% | 15,562 | 14,921 | 4% | ||||||||||
| Average Rate USD per Euro | 1.17 | 1.12 | 4% | 1.11 | 1.12 | -1% | ||||||||||
| Average Rate JPY per Euro | 130.3 | 114.3 | 14% | 124.7 | 121.0 | 3% | ||||||||||
