Documente Academic
Documente Profesional
Documente Cultură
Servers
Tools
Applications
Total License Revenue
Support
Consulting & Education
Other
Total Service Revenue
1995
1996
1997
1998
1113000 1577300 2009812 2201915
341000
361000
334376
324866
154000
295000
478261
562280
1608000 2233300 2822449 3089061
585000
905000 1319950 1794117
709000 1020000 1467691 2156259
65000
65000
74245
104429
1359000 1990000 2861886 4054805
2967000 4223300 5684335 7143866
Operating Expenses
Sales and Marketing
Cost of Services
R&D
G&A
Acquired in-process R&D
Total Operating Expenses
Operating Income
649843
955822
1262984
1244199
0
9261
0
14619
0
20542
0
83619
659104
217464
441640
970441
333547
636894
1283526
462070
821456
1327818
514124
813694
Application Business
License
Application related Services
Total Application Revenue
155000
210000
365000
295000
390000
685000
477180
682340
1159520
562278
1278810
1841088
1452878
1149000
2601878
1938300
1600000
3538300
2345269
2179546
4524815
2526782
2775996
5302778
Database Business
License
Database related Services
Total Database Revenue
1607878
1359000
2966878
2233300
1990000
4223300
2822449
2861886
5684335
3089060
4054806
7143866
Geographic Revenue
Americas
Europe/Middle East/Africa
Asia Pacific
Total Revenue
1416164
1165403
385311
2966878
2076748
1541308
605244
4223300
2993574
1881157
809604
5684335
4048531
2297340
797995
7143866
954358
159780
350617
1464755
1148594
173428
403392
1725414
1997
1998
645425
112243
97976
855644
707901
108063
122312
938276
410029
62353
29668
502050
345420
43375
36576
425371
21617
1032
3970
2812
29431
27523
887
4826
3556
36792
15250
14181
18463
18339
1995
11775
834
2348
1925
16882
1996
16807
924
3125
2257
23113
Total Company
29431
36802
1999
2000
2646783 3100297
293043
291528
651042
923204
3590868 4315029
2345524 2978873
2793362 2704460
97498
131766
4054805 4054805
7645673 8369834
2622379 2616749
3064148 2942679
841406 1009882
426438
480658
0
0
6954371 7049968
691302
1319866
24457
84740
6936955
106319
1982078 10123434
692320 3823631
1289758 6299803
651042
1774555
2425597
923204
1769036
2692240
2939826
3461829
6401655
3391825
4046063
7437888
Revenue
OPEX
Operating Income
Net Investment & Other Income
Income Before Tax
Provision for Income Tax
Net Income
3590868 4315029
5236384 5815099
8827252 10130128
5053169 5913430
2855235 2983148
918848 1233550
8827252 10130128
1385473
150641
462228
1998342
1652232
162416
681284
2495932
1999
2000
849415
104794
151038
1105247
901120
85976
176392
1163488
411895
37608
37776
487279
546945
43136
65528
655609
33056
994
5781
3969
43800
29564
1145
6650
3961
41320
21670
22130
21549
19771
43800
41320
1995
2967000
2317157
649843
9261
659104
217464
441640
1996
4223300
3267478
955822
14619
970441
333547
636894
1997
5684335
4421351
1262984
20542
1283526
462070
821456
1998
7143866
5899667
1244199
83619
1327818
514124
813694
1999
7645673
6954371
691302
109197
800499
692320
108179
2000
8369834
7049968
1319866
7043274
8363140
3823631
4539509
Oracle
IBM
Microsoft
Informix
Sybase
Others
SAP
Oracle
PeopleSoft
JD Edwards
Baan
Others
Siebel
Oracle
Clarify
Vantive
Others
2000
1999
Oracle
Gross Margin
Operating Margin
71%
30%
65%
21%
Microsoft
Gross Margin
Operating Margin
87%
48%
86%
50%
SAP
Gross Margin
60%
58%
Operating Margin
13%
16%
95%
45%
94%
47%
IBM
Gross Margin
Operating Margin
37%
13%
37%
14%
1997
46%
20%
13%
9%
9%
3%
1997
15%
0%
6%
8%
71%
1998
1997
1996
1995
68%
17%
73%
22%
74%
24%
74%
22%
84%
44%
82%
41%
76% N/A
34% N/A
45%
51%
48%
61%
21%
26%
24%
95%
48%
95%
40%
95% N/A
36% N/A
38%
11%
39%
12%
40%
11%
23%
42%
13%
1984
12715
Revenues
Growth
Opex
10113
Growth
Proportion
Operating Income
Growth
Proportion
Other Income (expense)
Income Before Taxes
Taxes
Net Income
Number of Share Outstandings
EPS (Net Income)
EPS(Dividen)
Retained Earning/Share
RE Total
79.54%
2602
20.46%
-305
2297
908
1389
12340
1985
1986
23159
55383
0.821392 1.391425
20417
44541
1.018887 1.181564
88.16%
80.42%
2742
10842
0.053805 2.954048
11.84%
19.58%
-157
-367
2585
10475
1034
4579
1551
5896
12770
54864
1987
1988
1989
1990
131271
282113
583673
970844
1.37024 1.149089 1.068933 0.663335 1.077402
102864
218128
460713
781049
1.309423 1.120548 1.112122 0.695305 1.072975
78.36%
77.32%
78.93%
80.45%
28407
63985
122960
189795
1.620089 1.252438
0.9217 0.543551 1.224272
21.64%
22.68%
21.07%
19.55%
-509
1084
-2715
-17135
27898
65069
120245
172660
12275
22093
38479
55250
15623
42976
81766
117410
125028
132950
135066
136826
124.956 323.2493 605.3781 858.0971
0.12
0.32
0.61
0.86
124.836 322.9293 604.7681 857.2371
15607997 42933456 81683610 1.2E+008
12.48%
32.29%
60.48%
85.72%
38.48%
Likuiditas
Current Ratio (CA/CL)
1985
1.51
1986
1.86
0.231788
1.51
0
1.75
0.11
9962
6383
3579
41471
22293
19178
4.35848
1985
6.70%
1986
10.65%
0.589552
1985
0.28
1986
0.31
0.107143
Total Asset
15463
57428
2.713898
Fixed Asset
5501
15957
1.900745
Aktivitas
ROA
1985
10.03
1986
10.27
0.023928
ROE
21.05
20.58
Rentabilitas
Net Profit Margin
Solvabilitas
Debt/Equity
1987
1988
1989
1990
2.25
1.88
1.89
2.01
0.209677 -0.164444 0.005319 0.063492 0.069166 average per-year
0.331126 increase within 5 years
2.12
1.75
1.75
1.83
0.13
0.13
0.14
0.18
109138
191827
48425
102183
60713
89644
2.165763 0.476521
336933
569257
521274
178333
283572
244397
158600
285685
276877
0.76922 0.801293 -0.030831 1.423408
1987
1988
1989
1990
11.90%
15.20%
14.01%
12.09%
0.117371 0.277311 -0.078289 -0.137045
1987
1988
0.17
0.09
-0.451613 -0.470588
1989
1990
0.27
0.35
2.00 0.296296
11.76%
15.38%
80.45%
24.50%
29.62%
25.00%
143792
249568
460209
787247
1.503866 0.735618 0.844022 0.710629
130.16%
34654
57741
123276
217990
1.171711 0.666215 1.134982 0.768309
112.84%
1987
1988
10.86
17.18
0.057449 0.581952
18.9
31.85
1989
1990
17.77
14.91 1350.33%
0.03 -0.160945
10.73%
48.65%
35.47
30.29
Likuiditas
Current Ratio (CA/CL)
Rentabilitas
Net Profit Margin
Solvabilitas
Debt/Equity
Aktivitas
ROA
ROE
1985
1986
1987
1988
1989
1.51
1.86
2.25
1.88
1.89
6.70%
10.65%
11.90%
15.20%
14.01%
28%
31%
17%
9%
27%
10.03%
21.05%
10.27%
20.58%
10.86%
18.90%
17.18%
31.85%
17.77%
35.47%
1990
2.01
12.09%
200.00%
35%
14.91%
30.29%
150.00%
100.00%
50.00%
0.00%
1985
1986
1987
1987
1988
1989
1990
Schedule of Projec
Sales Forecast
Cash Sales
Collection of A/R
Nov
2716740
Dec
Jan
Feb
March
2123640
2616120 2892825 4447404
1046448 1157130 1778962
2479500 2726802 3514657
Dec
2767050
1106820
3225877