Dassault Systèmes Reports 18% Increase in New Licenses Revenue in Constant Currencies

(1) In the reconciliation schedule above, (i) all adjustments to IFRS revenue data reflect the exclusion of the deferred revenue adjustment of acquired companies; (ii) adjustments to IFRS operating expense data reflect the exclusion of the amortization of acquired intangibles, share-based compensation expense, and other operating income and expense, (iii) adjustments to IFRS financial revenue and other, net reflect the exclusion of certain one-time items included in financial revenue and other, net, and (iv) all adjustments to IFRS income data reflect the combined effect of these adjustments, plus with respect to net income and diluted net income per share, the income tax effect of the non-IFRS adjustments.

 
In millions of Euros       Three months ended March 31,
      2012 IFRS       Adjustment      

2012
non-IFRS

      2011 IFRS       Adjustment      

2011
non-IFRS

Cost of revenue (65.5)       0.2       (65.3)       (58.3)       0.1       (58.2)
Research and development (86.4) 2.6 (83.8) (76.9) 1.8 (75.1)
Marketing and sales (144.6) 1.4 (143.2) (131.5) 1.0 (130.5)
General and administrative (36.1) 1.3 (34.8) (30.9) 0.9 (30.0)
Total stock-based compensation expense               5.5                       3.8        

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