SAP AG announced preliminary earnings results for the fourth quarter and full year ended December 31, 2012. IFRS total revenue was EUR 5.02 billion against EUR 4.50 billion a year ago, an increase of 12%. Non-IFRS total revenue was EUR 5.06 billion against EUR 4.50 billion a year ago, an increase of 12%. Operating profit was EUR 1.59 billion against EUR 1.67 billion a year ago, a decrease of 5%. Non-IFRS operating profit was EUR 1.96 billion against EUR 1.78 billion a year ago, an increase of 10%. IFRS operating profit was impacted by share-based compensation expense of EUR 185 million and acquisition-related charges of EUR 151 million

For the year, IFRS total revenue was EUR 16.22 billion against EUR 14.23 billion a year ago, an increase of 14%. Non-IFRS total revenue was EUR 16.30 billion against EUR 14.26 billion a year ago, an increase of 14%. IFRS operating profit was EUR 4.06 billion against EUR 4.88 billion a year ago, a decrease of 17%. Non-IFRS operating profit was EUR 5.21 billion against EUR 4.71 billion a year ago, an increase of 11%. This was slightly below SAP's non-IFRS operating profit guidance which was in a range of EUR 5.05 to EUR 5.25 billion at constant currencies due to the company's continued investments in key innovations as well as the expansion of SAP's global go-to-market activities. Operating profit for the full year 2012 were impacted by SAP's continued investments in its global go-to-market activities and its cloud business.