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Dassault Systèmes Reports Double-digit Software Revenue and EPS Growth for 2012

  Dassault Systèmes Reports Double-digit Software Revenue and EPS Growth for
  2012

Business Wire

PARIS -- February 7, 2013

Regulatory News:

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) (Paris:DSY), the
3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up
and Product Lifecycle Management (PLM) solutions, today reports IFRS unaudited
financial results for the fourth quarter and year ended December 31, 2012.
These results were reviewed by the Company’s Board of Directors on February 4,
2013.

                              Summary Highlights
                                 (unaudited)

  *Q4 2012 financial results well in line with Company objectives
  *2012 EPS up 14% (IFRS) and 15% to €3.37 (non-IFRS)
  *2012 non-IFRS operating margin expands 120 basis points to 31.6%
  *2012 net operating cash flow up 26% to €566 million
  *3DEXPERIENCE strategy and Industry Solutions Experience launched in 2012
  *20,000 new customers in 2012 through expansion of indirect sales channels
  *Initiates 2013 objectives: non-IFRS revenue growth of 5-7% in constant
    currencies

2012 Financial Summary
(unaudited)

In millions    IFRS                                 Non-IFRS
of Euros,
except per               Change    Change              Change    Change
share data                                   in cc*                                  in cc*
FY 2012
Total          2,028.3    14%       9%        2,038.5    14%       9%
Revenue
FY 2012
Software       1,843.2    14%       9%        1,853.4    15%       10%
Revenue
FY 2012 EPS    2.66       14%                3.37       15%       
FY 2012
Operating      24.7%                        31.6%               
Margin
^*In
constant                                                             
currencies.

“2012 represents an important juncture, with the unveiling of the new Dassault
Systèmes, the 3DEXPERIENCE Company, and the launching of our Social Industry
Experience strategy. It was a year of unprecedented transformation within the
Company in order to best position us to access a market sized at $32 billion,
doubling the current addressable market,” commented Bernard Charlès, Dassault
Systèmes President and Chief Executive Officer. “We successfully launched
value-driven Industry Solutions Experience to cover key client processes
across the different industries we address.”

“The reception of 3DEXPERIENCE as the next Company horizon was very good, with
key customers wins to illustrate it. In addition, thanks to our indirect
channels capacity extension, we won 20,000 new customers in 2012, a record so
far, and thanks to our brands, we reached 10 million users.”

“Finally, 2012 was also a record year financially for both revenue and
earnings. We crossed the €2 billion revenue milestone thanks to non-IFRS
software revenue growth of 10% in constant currencies anddelivered non-IFRS
earnings per share growth of 15%, demonstrating our ability to execute on our
ambitious roadmap for the future while also maintaining a strong operational
focus.”

2012 Fourth Quarter Financial Summary
(unaudited)

In millions    IFRS                               Non-IFRS
of Euros,
except per             Change    Change            Change    Change
share data                                 in cc*                                in cc*
Q4 Total       563.5    10%       7%        568.2    11%       8%
Revenue
Q4 Software    510.8    11%       8%        515.5    12%       9%
Revenue
Q4 EPS         0.76     12%                1.02     17%       
Q4
Operating      27.9%                      34.7%             
Margin
                                                         


In millions       IFRS                               Non-IFRS
of Euros       Q4       Q4        Change    Q4       Q4        Change
                  2012        2011         in cc*       2012        2011         in cc*
Total          563.5    512.1     7%        568.2    512.1     8%
Revenue
Software       510.8    462.1     8%        515.5    462.1     9%
Revenue
Services
and other      52.7     50.0      3%        52.7     50.0      3%
Revenue
                                                         
PLM
software       407.4    371.0     7%        412.1    371.0     8%
Revenue
SOLIDWORKS
software       103.4    91.1      11%       103.4    91.1      11%
Revenue
                                                         
Americas       152.6    135.7     8%        154.0    135.6     9%
Europe         265.8    251.3     5%        266.7    251.4     5%
Asia           145.1    125.1     12%       147.5    125.1     14%
^*In
constant                                                         
currencies.

  *Revenue results for the fourth quarter were well in line with the
    Company’s expectations, evidenced by a mixed economic climate as reflected
    in lower seasonal growth in new licenses revenue and also reflected a
    strong year-ago comparison, notably for Europe.
  *Total revenue grew 7% (IFRS) and 8% (non-IFRS) in constant currencies. By
    region and in constant currencies, non-IFRS revenue growth was highest in
    Asia, up 14%, led by Japan, Korea and China. In the Americas, non-IFRS
    revenue increased 9% year on year through growth in both North America and
    Latin America. Non-IFRS revenue growth in Europe of 5% was led by Germany
    and France.
  *Software revenue increased 8% (IFRS) and 9% (non-IFRS), with recurring
    revenue up 10% (IFRS) and 11% (non-IFRS) and new licensing revenue up 3%.
    Recurring revenue is comprised of maintenance and rental licensing, the
    latter being up 20%. Regionally, new licenses revenue growth was strongest
    in Asia while rental licensing activity was strongest in Europe and the
    Americas (All growth comparisons are in constant currencies).
  *IFRS operating income increased 16% to €157.0 million and IFRS earnings
    per diluted share increased 12% to €0.76. Non-IFRS earnings per diluted
    share increased 17% to €1.02 on operating income growth of 18% and the
    non-IFRS operating margin was 34.7% compared to 32.8% in the year-ago
    period.
  *PLM software revenue increased 7% (IFRS) and 8% (non-IFRS). Non-IFRS PLM
    software revenue growth was led by Other PLM, with strong performances by
    SIMULIA, DELMIA and 3DVIA up double-digits and including the addition of
    Gemcom. CATIA software revenue increased 1%. ENOVIA software revenue
    growth was flat (All growth comparisons are in constant currencies).
  *SOLIDWORKS software revenue increased 11% in constant currencies
    benefiting from both new licensing activity and growth in recurring
    software revenue.  New SOLIDWORKS commercial seats licensed in the quarter
    increased 13% to 13,751.

2012 Financial Summary
(unaudited)

In millions    IFRS                                  Non-IFRS
of Euros       FY 2012    FY 2011    Change    FY 2012    FY 2011    Change
                                              in cc*                                   in cc*
Total          2,028.3    1,783.0    9%        2,038.5    1,783.5    9%
Revenue
Software       1,843.2    1,616.9    9%        1,853.4    1,617.4    10%
Revenue
Services
and other      185.1      166.1      7%        185.1      166.1      7%
Revenue
                                                               
PLM
software       1,440.0    1,275.9    8%        1,450.2    1,276.4    9%
Revenue
SOLIDWORKS
software       403.2      341.0      12%       403.2      341.0      12%
Revenue
                                                               
Americas       564.3      488.8      7%        567.3      488.8      7%
Europe         908.9      827.1      8%        910.9      827.3      8%
Asia           555.1      467.1      13%       560.3      467.4      14%
^*In
constant                                                               
currencies.

  *IFRS and non-IFRS total revenue increased 9% primarily driven by software
    revenue growth of 9% (IFRS) and 10% (non-IFRS), respectively. Software
    revenue represented 91% of total revenue. Services and other revenue
    increased 7% and the services gross margin improved to 5.7%. 2012 results
    include the acquisition of Gemcom and the divestiture of Transcat PLM
    GmbH. Excluding the six-month impact of the Gemcom acquisition as well as
    the sale of Transcat PLM GmbH, Dassault Systèmes non-IFRS revenue growth
    would have been 8% (All growth comparisons are in constant currencies).
  *Regionally, Asia was the best performing with non-IFRS revenue increasing
    14%, reflecting a further return to investment by Japanese customers and
    strong growth in China and Korea. Despite the impact of the
    macro-environment softening which began to affect regional results in
    Europe in the third quarter, full year performance was solid with revenue
    higher by 8%, led by Germany and France. In the Americas, there were a
    number of important wins and contract renewals during the year in the
    Company’s PLM sales channels and good growth in its Professional channel
    leading to a 7% increase in total revenue for that region. High growth
    countries posted 16% revenue growth on broad strength (All growth
    comparisons are in constant currencies).
  *New business activity was reflected in both new licenses revenue and
    rental licensing revenue which recorded a 17% growth and is a component of
    recurring software revenue. IFRS and non-IFRS new licenses revenue
    increased 9% in constant currencies with new licenses revenue highest in
    Asia, followed by Europe and the Americas. SIMULIA, CATIA and SOLIDWORKS
    reported strong new licenses revenue growth.
  *Recurring software revenue increased 9% (IFRS) and 10% (non-IFRS) in
    constant currencies benefiting from growth in maintenance from new
    licensing activity, strong renewal rates and growth in rental licensing.
    SIMULIA, ENOVIA and SOLIDWORKS reported strong recurring software revenue
    growth. Recurring software revenue represented 71% of total software
    revenue in 2012.
  *The Company reported strong growth in operating income principally
    reflecting higher revenue. IFRS operating income increased 17% to €501.0
    million and the operating margin improved 70 basis points to 24.7%. On a
    non-IFRS basis, operating income increased 19% to €644.3million. The
    non-IFRS operating margin expanded 120 basis points to 31.6%, reflecting
    revenue growth and improved operating leverage.
  *Net income per diluted share increased 14% to €2.66 (IFRS) and 15% to
    €3.37 (non-IFRS) per share. Growth in IFRS and non-IFRS earnings per share
    reflected higher revenue, operating margin expansion and growth in
    financial income offset in part by a higher effective tax rate.
  *PLM software revenue increased 8% (IFRS) and 9% (non-IFRS). CATIA software
    revenue increased 5% led by Asia. ENOVIA software revenue increased 7%.
    Other PLM software revenue increased 19% (IFRS) and 22% (non-IFRS) led by
    SIMULIA and included GEOVIA, a new brand (All growth comparisons are in
    constant currencies).
  *SOLIDWORKS software revenue increased 12% in constant currencies on sales
    of its design suite as well as sales of product data management,
    simulation, and on increased sales capacity. New SOLIDWORKS commercial
    seats licensed increased 11% to a record 52,987 seats. 2012 also marks a
    major new milestone with more than two million total SOLIDWORKS commercial
    and educational seats sold to date.

Cash Flow and Other Financial Highlights

For 2012, net operating cash flow increased 26% to €566.3 million, compared to
€450.9 million for 2011, reflecting net income growth and working capital
improvement.

During 2012 the Company completed cash acquisitions of €281.5 million, net of
cash acquired; repaid €200 million in borrowings; disbursed cash dividends of
€87.8 million; received cash of €98.7 million for stock options exercised and
completed share repurchases in the amount of €75.1 million; and made additions
to property, equipment and intangibles of €40.7 million.

The Company’s net financial position was €1.28 billion at December 31, 2012,
compared to €1.15 billion at December 31, 2011, and was comprised of cash,
cash equivalents and short-term investments less long-term debt and less in
2011, the €200 million debt which was repaid in 2012 with cash on hand.

Summary Business, Technology and Corporate Highlights

Aerospace & Defense:

Pratt & Whitney Canada Selects Dassault Systèmes’ 3DEXPERIENCE Platform.
Aircraft engine maker chooses ENOVIA application after benchmark; integrated
process planning, quality, requirements management, and platform openness were
key success factors.

Dassault Systèmes Launches a New Industry Solution Experience: “Winning
Program” for Aerospace and Defense. “Winning Program” enables innovative A&D
companies to effectively perform front end business activities defining new
offers and/or win new business and comprehensively execute the requisite
system engineering choices and associated trade studies.

Transportation & Mobility:

Dassault Systèmes’ 3DEXPERIENCE Platform Used on Visteon’s e-Bee Vehicle
Concept Project. This  new solution helps boost innovation with “Social
Cloud.” Visteon Corporation, a leading automotive global supplier, is applying
the 3DEXPERIENCE platform’s 3DSwYm social application on the cloud to its
recently unveiled e-Bee vehicle concept. The use of 3DSwYm’s social,
cloud-based community environment helped Visteon quickly develop innovative
new concepts for this demonstration vehicle in its product areas of climate,
interior and electronics. Visteon achieved efficiency gains in the development
process, while reducing early prototype costs. Visteon also applied the 3DSwYm
application to co-create with strategic customers and key supplier/partners on
the e-Bee project.

Consumer Goods – Retail:

Dassault Systèmes is named a Leader in Innovation, Capabilities, Functionality
and Offering in IDC’s 2012 Retail MarketScape Survey. Dassault Systèmes’
3DEXPERIENCE platform for Consumer Goods and Retail companies provides
organizations with applications needed to collaborate and create the products
that will inspire the purchase decision – and to better deliver customer
satisfaction all the way through the selling experience.

Life Sciences:

Dassault Systèmes’ 3DEXPERIENCE Platform Adopted by Olympus Technologies
Singapore to Accelerate Medical Device Time to Market - Olympus Technologies
Singapore Pte Ltd, a leading endoscope manufacturer, has selected Dassault
Systèmes’ 3DEXPERIENCE platform for the development of its medical devices.
The new “Licensed to Cure” industry solution experience will be deployed to
create a single environment, eliminating scattered processes and data, and
“embedding” regulations as an asset, optimizing quality and compliance.

Architecture, Engineering and Construction:

Dassault Systèmes Launches a New Industry Solution Experience: “Lean
Construction” for AEC Companies - Architecture, Engineering and Construction
companies can now count on a 3D Project Management solution to track real-time
progress and eliminate waste.

Acquisition:

Dassault Systèmes acquired SquareClock, an innovative start-up providing
cloud-based, SaaS-delivered 3D, space planning solutions for residential,
professional and shop design purposes. SquareClock has developed a next
generation 3D platform for online and onsite marketing to transform the
complexity of technical, business and marketing best practices into highly
realistic, playful and simple user interactions.

                               Business Outlook

Thibault de Tersant, Senior Executive Vice President and CFO, commented, “All
in all, 2012 turned out to be a year of solid growth with both non-IFRS
software revenue and non-IFRS earnings per share increasing double-digits. Our
non-IFRS operating margin expanded 120 basis points to 31.6%, while at the
same time raising our Company brand visibility through the global advertising
campaign, as well as expanding our resources, with employee growth of about
6%. We enjoyed a healthy new business dynamic visible in both our new licenses
and rental software growth, although as anticipated, we clearly noted a
progressively weaker market environment during the second half of the year.

“As we enter 2013, our initial non-IFRS revenue growth objective for the year
of 5-7% in constant currencies is similar to our initial 2012 objective. It
assumes that the macro-environment would remain soft across the whole year and
therefore would be weaker than the 2012 first half. Recurring software revenue
growth is expected to continue to demonstrate a relatively good dynamic. Our
operating margin and EPS objectives assume continued organic investments and
also assume significant currency headwinds, and would need to be adjusted to
reflect potential new acquisitions in support of our strategy.”

The Company’s initial 2013 financial objectives are as follows:

  *First quarter 2013 non-IFRS total revenue objective of about €470 to €480
    million, growing 5% to 7% excluding currency effects, non-IFRS operating
    margin of about 28– 29% and non-IFRS EPS of about €0.71 to €0.76;
  *2013 non-IFRS revenue growth objective range of about 5% to 7% in constant
    currencies (€2.06 to €2.09 billion based upon the 2013 currency exchange
    rate assumptions below);
  *2013 non-IFRS operating margin of about 32%, up slightly compared to 2012;
  *2013 non-IFRS EPS range of about €3.45 to €3.60, representing growth of
    about 2% to 7%;
  *Objectives are based upon exchange rate assumptions for the 2013 first
    quarter and full year of US$1.40 per €1.00 and JPY120 per €1.00.

The Company’s objectives are prepared and communicated only on a non-IFRS
basis and are subject to the cautionary statement set forth below.

The 2013 non-IFRS objectives set forth above do not take into account the
following accounting elements and are estimated based upon the 2013 currency
exchange rates above: 2013 deferred revenue write-downs estimated at
approximately €4 million, share-based compensation expense estimated at
approximately €35 million and amortization of acquired intangibles estimated
at approximately €94 million. The above objectives do not include any impact
from other operating income and expense, net. Further, these estimates do not
include any new stock option or performance share grants, or any new
acquisitions or restructurings completed after February 7, 2013.

               Today’s Webcast and Conference Call Information

Today, Thursday, February 7, 2013, Dassault Systèmes will first host a meeting
in Paris, which will be simultaneously webcasted at 10:00 AM London time/11:00
AM Paris time and will then host a conference call at 9:00 AM New York time/
2:00 PM London time/3:00 PM Paris time. The webcasted meeting and conference
call will be available via the Internet by accessing
http://www.3ds.com/company/finance/. Please go to the website at least 15
minutes prior to the webcast or conference call to register, download and
install any necessary audio software. The webcast and conference call will be
archived for 30 days.

Additional investor information can be accessed at
http://www.3ds.com/company/finance/ or by calling Dassault Systèmes’ Investor
Relations at 33.1.61.62.69.24.

Key Investor Relations Events

First Quarter Earnings, April 25, 2013 in London

Second Quarter Earnings, July 25, 2013 in Paris

Forward-looking Information

Statements herein that are not historical facts but express expectations or
objectives for the future, including but not limited to statements regarding
the Company’s non-IFRS financial performance objectives, are forward-looking
statements.

Such forward-looking statements are based on Dassault Systèmes management's
current views and assumptions and involve known and unknown risks and
uncertainties. Actual results or performances may differ materially from those
in such statements due to a range of factors. If global economic and business
conditions continue to be volatile or deteriorate, the Company’s business
results may not develop as currently anticipated and may decline below their
earlier levels for an extended period of time. Furthermore, due to factors
affecting sales of the Company’s products and services, there may be a
substantial time lag between any change in global economic and business
conditions and its impact on the Company’s business results.

In preparing such forward-looking statements, the Company has in particular
assumedan average US dollar to euro exchange rate of US$1.40 per €1.00 and an
average Japanese yen to euro exchange rate of JPY120 to €1.00 for the 2013
first quarter and full year; however, currency values fluctuate, and the
Company’s results of operations may be significantly affected by changes in
exchange rates. The Company’s actual results or performance may also be
materially negatively affected by changes in the current global economic
context, difficulties or adverse changes affecting its partners or its
relationships with its partners, changes in exchange rates, new product
developments, and technological changes; errors or defects in its products;
growth in market share by its competitors; and the realization of any risks
related to the integration of any newly acquired company, in particular
related to the integration of Gemcom Software International and internal
reorganizations. Unfavorable changes in any of the above or other factors
described in the Company’s regulatory reports, including the 2011 Document de
référence, and 2012 Half Year Financial Report, which were filed with the
French Autorité des Marchés Financiers (AMF) on March 29, 2012, and July 27,
2012, respectively, could materially affect the Company’s financial position
or results of operations.

Estimated results

Readers are cautioned that the results and financial data presented in this
press release are “estimated data” according to the 2004-04 Position
“Communications on estimated financial data” of the AMF updated on August 1,
2012. The approval of the 2012 financial statements will be submitted to the
Board of Directors scheduled at the end of March 2013.

Non-IFRS Financial Information

Readers are cautioned that the supplemental non-IFRS information presented in
this press release is subject to inherent limitations. It is not based on any
comprehensive set of accounting rules or principles and should not be
considered as a substitute for IFRS measurements. Also, the Company’s
supplemental non-IFRS financial information may not be comparable to similarly
titled non-IFRS measures used by other companies. Further specific limitations
for individual non-IFRS measures, and the reasons for presenting non-IFRS
financial information, are set forth in the Company’s annual report for the
year ended December 31, 2011 included in the Company’s 2011 Document de
référence and the 2012 Half Year Financial Report filed with the AMF on March
29, 2012, and July 27, 2012, respectively.

In the tables accompanying this press release the Company sets forth its
supplemental non-IFRS figures for revenue, operating income, operating margin,
net income and diluted earnings per share, which exclude the effect of
adjusting the carrying value of acquired companies’ deferred revenue,
stock-based compensation expense and related social charges, the expenses for
the amortization of acquired intangible assets, other income and expense, net,
certain one-time items included in financial revenue and other, net, and the
income tax effect of the non-IFRS adjustments and certain one-time tax effects
in 2012. The tables also set forth the most comparable IFRS financial measure
and reconciliations of this information with non-IFRS information.

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.

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 170,000 customers of all sizes, in all industries, in
more than 140 countries. For more information, visit www.3ds.com.

CATIA, SOLIDWORKS, SIMULIA, DELMIA, ENOVIA, GEOVIA, EXALEAD, NETVIBES, 3DSWYM
and 3DVIA are registered trademarks of Dassault Systèmes or its subsidiaries
in the US and/or other countries.

(Tables to follow)

                              TABLE OF CONTENTS

Non-IFRS key figures

Condensed consolidated statements of income

Condensed consolidated balance sheets

Condensed consolidated cash flow statements

FRS – non-IFRS reconciliation

                              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, stock-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 effects of these non-IFRS adjustments and certain one-time
tax effects in 2012.

Comparable IFRS financial information and a reconciliation of the IFRS and
non-IFRS measures are set forth in the separate tables within this Attachment.


               Three months ended                                   Twelve months ended
                  December       December                    Change       December       December                    Change
              31,         31,         Change    in cc*    31,         31,         Change    in cc*
                  2012           2011                                     2012           2011
Non-IFRS          € 568.2     € 512.1     11%       8%        €           €           14%       9%
Revenue                                                                   2,038.5        1,783.5
                                                                                                                     
Non-IFRS Revenue breakdown by activity
Software          515.5          462.1          12%          9%           1,853.4        1,617.4        15%          10%
revenue
of which
new               164.6          155.4          6%           3%           532.3          465.0          14%          9%
licenses
revenue
of which
periodic
licenses,
maintenance       350.9          306.7          14%          12%          1,321.1        1,152.4        15%          10%
and
product
development
revenue
Services
and other         52.7           50.0           5%           3%           185.1          166.1          11%          7%
revenue
                                                                                                                     
Recurring
software          349.6          306.0          14%          11%          1,314.6        1,148.6        14%          10%
revenue
                                                                                                                     
Non-IFRS software revenue breakdown by
product line
PLM
software          412.1          371.0          11%          8%           1,450.2        1,276.4        14%          9%
revenue
of which
CATIA             229.2          220.2          4%           1%           827.2          762.9          8%           5%
software
revenue
of which
ENOVIA            72.9           70.7           3%           0%           258.5          229.9          12%          7%
software
revenue
of which
Other PLM         110.0          80.1           37%          34%          364.5          283.6          29%          22%
sofware
revenue
SOLIDWORKS
software          103.4          91.1           14%          11%          403.2          341.0          18%          12%
revenue
                                                                                                                     
Non-IFRS Revenue breakdown by geography
Americas          154.0          135.6          14%          9%           567.3          488.8          16%          7%
Europe            266.7          251.4          6%           5%           910.9          827.3          10%          8%
Asia           147.5       125.1       18%       14%       560.3       467.4       20%       14%
                                                                                                                     
Non-IFRS
operating         € 197.4        € 167.9        18%                       € 644.3        € 542.6        19%
income
Non-IFRS
operating         34.7%          32.8%                                    31.6%          30.4%
margin
Non-IFRS          128.4          108.4          18%                       424.5          362.1          17%
net income
Non-IFRS
diluted net    € 1.02      € 0.87      17%                € 3.37      € 2.92      15%       
income per
share
Closing        10,123      9,556       6%                 10,123      9,556       6%        
headcount
                                                                                                                     
Average
Rate USD          1.30           1.35           (4%)                      1.28           1.39           (8%)
per Euro
Average
Rate JPY       105.1       104.2       1%                 102.5       111.0       (8%)      
per Euro
^*In
constant
currencies

DASSAULT SYSTEMES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (IFRS)
(unaudited; in millions of Euros, except per share data)

                    Three months ended           Twelve months ended
                       December         December       December       December
                   31,           31,         31,         31,
                       2012             2011           2012           2011
New licenses           164.6         155.4       532.3       465.0
revenue
Periodic
licenses,
maintenance and        346.2         306.7       1,310.9     1,151.9
product
development
revenue
Software revenue       510.8            462.1          1,843.2        1,616.9
Services and           52.7          50.0        185.1       166.1
other revenue
Total Revenue          € 563.5          € 512.1        €              €
                                                       2,028.3        1,783.0
Cost of software
revenue
(excluding             (26.0)           (24.3)         (92.2)         (80.8)
amortization
of acquired
intangibles)
Cost of services
and other              (47.3)           (42.1)         (174.8)        (168.6)
revenue
Research and           (91.2)           (88.6)         (368.1)        (329.3)
development
Marketing and          (169.8)          (148.2)        (632.6)        (535.3)
sales
General and            (44.8)           (47.0)         (163.3)        (147.6)
administrative
Amortization of
acquired               (25.0)           (21.1)         (93.7)         (83.6)
intangibles
Other operating
income and             (2.4)         (5.1)       (2.6)       (9.9)
expense, net
Total Operating        (€ 406.5)     (€          (€          (€
Expenses                                376.4)         1,527.3)       1,355.1)
Operating Income       € 157.0          € 135.7        € 501.0        € 427.9
Financial
revenue and            6.2           (5.1)       18.1        1.1
other, net
Income before          163.2            130.6          519.1          429.0
income taxes
Income tax             (65.6)           (45.2)         (180.3)        (138.5)
expense
Net Income             97.6             85.4           338.8          290.5
Non-controlling        (1.8)         (0.7)       (4.0)       (1.3)
interest
Net Income
attributable to
equity holders         € 95.8        € 84.7      € 334.8     € 289.2
of
the parent
Basic net income       0.77          0.70        2.72        2.38
per share
Diluted net            € 0.76        € 0.68      € 2.66      € 2.33
income per share
Basic weighted
average shares         123.7         121.6       123.3       121.4
outstanding (in
millions)
Diluted weighted
average shares      126.4         124.0       125.9       124.0
outstanding (in
millions)

IFRS revenue variation as reported and in constant currencies

                       Three months ended           Twelve months ended
                       December 31, 2012               December 31, 2012
                   Change*       Change      Change*     Change
                                        in cc**                       in cc**
IFRS Revenue           10%              7%             14%            9%
IFRS Revenue by
activity
Software Revenue       11%              8%             14%            9%
Services and           5%               3%             11%            7%
other Revenue
IFRS Software Revenue by product
line
PLM software           10%              7%             13%            8%
revenue
of which CATIA         4%               1%             8%             5%
software revenue
of which ENOVIA        3%               0%             12%            7%
software revenue
of which Other
PLM sofware            31%              28%            25%            19%
revenue
SOLIDWORKS             14%              11%            18%            12%
IFRS Revenue by
geography
Americas               12%              8%             15%            7%
Europe                 6%               5%             10%            8%
Asia                16%           12%         19%         13%
^* Variation compared to the same period in the prior year. ** In constant
currencies.


DASSAULT SYSTEMES
CONDENSED CONSOLIDATED BALANCE SHEETS (IFRS)
(unaudited; in millions of Euros)

                                           December 31,    December 31,
                                               2012               2011
                                                           
ASSETS
Cash and cash equivalents                      1,159.3            1,154.3
Short-term investments                         159.8              268.7
Accounts receivable, net                       457.8              494.3
Other current assets                           154.4              139.4
Total current assets                           1,931.3            2,056.7
Property and equipment, net                    107.9              106.6
Goodwill and Intangible assets, net            1,459.5            1,241.9
Other non current assets                       142.7           111.6
Total Assets                                € 3,641.4       € 3,516.8
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable                               90.8               99.9
Unearned revenues                              484.7              492.0
Short-term debt                                25.5               228.9
Other current liabilities                      331.0              317.3
Total current liabilities                      932.0              1,138.1
Long-term debt                                 38.3               72.4
Other non current obligations                  290.1              222.6
Total long-term liabilities                    328.4              295.0
Non-controlling interests                      16.2               17.5
Parent shareholders' equity                    2,364.8         2,066.2
Total Liabilities and Shareholders'         € 3,641.4       € 3,516.8
equity


DASSAULT SYSTEMES
CONDENSED CONSOLIDATED CASH FLOW STATEMENTS (IFRS)
(unaudited; in millions of Euros)

                   Three months ended                       Twelve months ended
                      December       December                     December       December
                  31,         31,         Change     31,         31,         Change
                      2012           2011                         2012           2011
Net Income
attributable to       95.8        84.7        11.1       334.8       289.2       45.6
equity holders
of the parent
Non-controlling       1.8            0.7            1.1           4.0            1.3            2.7
interest
Net Income            97.6           85.4           12.2          338.8          290.5          48.3
Depreciation of
property &            7.8            6.1            1.7           32.7           25.1           7.6
equipment
Amortization of
intangible            26.6           22.0           4.6           99.4           87.3           12.1
assets
Other non cash        28.1           51.2           (23.1)        30.5           49.5           (19.0)
P&L Items
Changes in            (63.0)      (96.2)      33.2       64.9        (1.5)       66.4
working capital
Net Cash
provided by           € 97.1         € 68.5         € 28.6        € 566.3        € 450.9        € 115.4
operating
activities
                                                                                                
Additions to
property,             (7.9)          (16.5)         8.6           (40.7)         (71.4)         30.7
equipement and
intangibles
Payments for
acquisition of
businesses, net       (18.0)         (5.1)          (12.9)        (281.5)        (37.4)         (244.1)
of cash
acquired
Sale of fixed         0.1            0.0            0.1           0.6            0.3            0.3
assets
Sale (purchase)
of short term         21.6           (63.5)         85.1          107.9          (103.8)        211.7
investments,
net
Sale of
investments,          0.1         0.7         (0.6)      (5.1)       (2.6)       (2.5)
loans and
others
Net Cash
provided by                                                       (€             (€
(used in)             (€ 4.1)        (€ 84.4)       € 80.3        218.8)         214.9)         (€ 3.9)
investing
activities
                                                                                                
Proceeds
(Repayments) of       (214.0)        (18.9)         (195.1)       (264.7)        (26.2)         (238.5)
short-term and
long-term debt
Repurchase of         0.0            0.0            0.0           (75.1)         (226.7)        151.6
common stock
Proceeds from
exercise of           18.9           34.5           (15.6)        98.7           233.4          (134.7)
stock-options
Cash dividend         (0.4)       0.0         (0.4)      (87.8)      (65.8)      (22.0)
paid
Net Cash
provided by           (€                            (€            (€                            (€
(used in)             195.5)         € 15.6         211.1)        328.9)         (€ 85.3)       243.6)
financing
activities
                                                                                                
Effect of
exchange rate
changes on            (18.4)         30.3           (48.7)        (13.6)         27.1           (40.7)
cash and cash
equivalents
                                                                            
Increase
(decrease) in      (€          € 30.0      (€         € 5.0       € 177.8     (€
cash and cash         120.9)                        150.9)                                      172.8)
equivalents
                                                                        
Cash and cash
equivalents at        €              €                            €              € 976.5
beginning of          1,280.2        1,124.3                      1,154.3
period
Cash and cash         €              €                            €              €
equivalents at     1,159.3     1,154.3               1,159.3     1,154.3     
end of period
                                                                                                

                              DASSAULT SYSTEMES
                 SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
                        IFRS – NON-IFRS RECONCILIATION
           (unaudited; in millions of Euros, except per share data)

Readers are cautioned that the supplemental non-IFRS information presented in
this press release is subject to inherent limitations. It is not based on any
comprehensive set of accounting rules or principles and should not be
considered as a substitute for IFRS measurements. Also, the Company’s
supplemental non-IFRS financial information may not be comparable to similarly
titled non-IFRS measures used by other companies. Further specific limitations
for individual non-IFRS measures, and the reasons for presenting non-IFRS
financial information, are set forth in the Company’s Document de référence
for the year ended December 31, 2011 filed with the AMF on March 29, 2012. To
compensate for these limitations, the supplemental non-IFRS financial
information should be read not in isolation, but only in conjunction with the
Company’s consolidated financial statements prepared in accordance with IFRS.


In millions of
Euros, except      Three months ended December 31,                                                        Change
per share data
and percentages
                  2012      Adjustment    2012        2011      Adjustment    2011        IFRS      Non-IFRS
                      IFRS         (1)              non-IFRS       IFRS         (1)              non-IFRS                    (2)
Total Revenue         €         4.7           € 568.2     €                                   10%       11%
                      563.5                                        512.1
Total Revenue
breakdown by
activity
Software              510.8        4.7              515.5          462.1                                        11%          12%
revenue
New Licenses          164.6                                        155.4                                        6%
Product               1.3                                          0.7
Development
Periodic
Licenses and          344.9        4.7              349.6          306.0                                        13%          14%
Maintenance
Recurring
portion of            68%                           68%            66%
Software
revenue
Services and          52.7                                         50.0                                         5%
other revenue
Total Software
Revenue
breakdown by
product line
PLM software          407.4        4.7              412.1          371.0                                        10%          11%
revenue
of which CATIA
software              229.2                                        220.2                                        4%
revenue
of which ENOVIA
software              72.9                                         70.7                                         3%
revenue
of which Other
PLM software          105.3        4.7              110.0          80.1                                         31%          37%
revenue
SOLIDWORKS
software              103.4                                        91.1                                         14%
revenue
Total Revenue
breakdown by
geography
Americas              152.6        1.4              154.0          135.7        (0.1)            135.6          12%          14%
Europe                265.8        0.9              266.7          251.3        0.1              251.4          6%           6%
Asia               145.1     2.4           147.5       125.1                             16%       18%
Total Operating       (€           35.7             (€             (€           32.2             (€             8%           8%
Expenses              406.5)                        370.8)         376.4)                        344.2)
Stock-based
compensation          (8.3)        8.3              -              (6.0)        6.0              -              -            -
expense
Amortization of
acquired              (25.0)       25.0             -              (21.1)       21.1             -              -            -
intangibles
Other operating
income and         (2.4)     2.4           -           (5.1)     5.1           -           -         -
expense, net
Operating             €            40.4             € 197.4        €            32.2             € 167.9        16%          18%
Income                157.0                                        135.7
Operating             27.9%                         34.7%          26.5%                         32.8%
Margin
Financial
revenue &             6.2          0.1              6.3            (5.1)        4.3              (0.8)          (222%)       (888%)
other, net
Income tax            (65.6)       (7.9)            (73.5)         (45.2)       (12.9)           (58.1)         45%          27%
expense
Non-controlling       (1.8)        0.0              (1.8)          (0.7)        0.1              (0.6)          157%         200%
interest
Net Income
attributable to       € 95.8       32.6             € 128.4        € 84.7       23.7             € 108.4        13%          18%
shareholders
Diluted Net
Income Per         € 0.76    0.26          € 1.02      € 0.68    0.19          € 0.87      12%       17%
Share (3)

(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 related social charges, 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 and certain one-time tax effects in 2012.

                 
In millions of    Three months ended December 31,
Euros             2012       Adjustment    2012        2011       Adjustment    2011
                     IFRS                           non-IFRS       IFRS                           non-IFRS
Cost of              (73.3)     (0.3)         (73.6)      (66.4)     0.2           (66.2)
revenue
Research and         (91.2)        1.5              (89.7)         (88.6)        2.9              (85.7)
development
Marketing and        (169.8)       2.5              (167.3)        (148.2)       1.5              (146.7)
sales
General and          (44.8)        4.6              (40.2)         (47.0)        1.4              (45.6)
administrative
Total
stock-based                 8.3                                6.0           
compensation
expense

(2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for
the two different periods. In the event there is non-IFRS adjustment to the
relevant measure for only one of the periods under comparison, the non-IFRS
increase (decrease) compares the non-IFRS measure to the relevant IFRS
measure.

(3) Based on a weighted average 126.4 million diluted shares for Q4 2012 and
124.0 million diluted shares for Q4 2011.

                              DASSAULT SYSTEMES
                 SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION
                        IFRS – NON-IFRS RECONCILIATION
           (unaudited; in millions of Euros, except per share data)

Readers are cautioned that the supplemental non-IFRS information presented in
this press release is subject to inherent limitations. It is not based on any
comprehensive set of accounting rules or principles and should not be
considered as a substitute for IFRS measurements. Also, the Company’s
supplemental non-IFRS financial information may not be comparable to similarly
titled non-IFRS measures used by other companies. Further specific limitations
for individual non-IFRS measures, and the reasons for presenting non-IFRS
financial information, are set forth in the Company’s Document de référence
for the year ended December 31, 2011 filed with the AMF on March 29, 2012. To
compensate for these limitations, the supplemental non-IFRS financial
information should be read not in isolation, but only in conjunction with the
Company’s consolidated financial statements prepared in accordance with IFRS.


In millions of     Twelve months ended December 31,                                                           Change
Euros, except
per share data     2012        Adjustment    2012        2011        Adjustment    2011        IFRS     Non-IFRS
and percentages       IFRS           (1)              non-IFRS       IFRS           (1)              non-IFRS                   (2)
Total Revenue         €           10.2          €           €           0.5           €           14%      14%
                      2,028.3                         2,038.5        1,783.0                         1,783.5
Total Revenue
breakdown by
activity
Software              1,843.2        10.2             1,853.4        1,616.9        0.5              1,617.4        14%         15%
revenue
New Licenses          532.3                                          465.0                                          14%
Product               6.5                                            3.8
Development
Periodic
Licenses and          1,304.4        10.2             1,314.6        1,148.1        0.5              1,148.6        14%         14%
Maintenance
Recurring
portion of            71%                             71%            71%                             71%
Software
revenue
Services and          185.1                                          166.1                                          11%
other revenue
Total Software
Revenue
breakdown by
product line
PLM software          1,440.0        10.2             1,450.2        1,275.9        0.5              1,276.4        13%         14%
revenue
of which CATIA
software              827.2                                          762.4          0.5              762.9          8%          8%
revenue
of which ENOVIA
software              258.5                                          229.9                                          12%
revenue
of which Other
PLM software          354.3          10.2             364.5          283.6                                          25%         29%
revenue
SOLIDWORKS
software              403.2                                          341.0                                          18%
revenue
Total Revenue
breakdown by
geography
Americas              564.3          3.0              567.3          488.8                                          15%         16%
Europe                908.9          2.0              910.9          827.1          0.2              827.3          10%         10%
Asia               555.1       5.2           560.3       467.1       0.3           467.4       19%      20%
Total Operating       (€             133.1            (€             (€             114.2            (€             13%         12%
Expenses              1,527.3)                        1,394.2)       1,355.1)                        1,240.9)
Stock-based
compensation          (36.8)         36.8             -              (20.7)         20.7             -              -           -
expense
Amortization of
acquired              (93.7)         93.7             -              (83.6)         83.6             -              -           -
intangibles
Other operating
income and         (2.6)       2.6           -           (9.9)       9.9           -           -        -
expense, net
Operating             € 501.0        143.3            € 644.3        € 427.9        114.7            € 542.6        17%         19%
Income
Operating             24.7%                           31.6%          24.0%                           30.4%
Margin
Financial
revenue &             18.1           (7.4)            10.7           1.1            (2.4)            (1.3)          1545%       (923%)
other, net
Income tax            (180.3)        (46.2)           (226.5)        (138.5)        (39.1)           (177.6)        30%         28%
expense
Non-controlling       (4.0)          0.0              (4.0)          (1.3)          (0.3)            (1.6)          208%        150%
interest
Net Income
attributable to       € 334.8        89.7             € 424.5        € 289.2        72.9             € 362.1        16%         17%
shareholders
Diluted Net
Income Per         € 2.66      0.71          € 3.37      € 2.33      0.59          € 2.92      14%      15%
Share (3)

(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 related social charges, 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 and certain one-time tax effects in 2012.


                  Twelve months ended December 31,
In millions of    2012       Adjustment    2012        2011       Adjustment    2011
Euros                IFRS                           non-IFRS       IFRS                           non-IFRS
Cost of              (267.0)    0.6           (266.4)     (249.4)    0.6           (248.8)
revenue
Research and         (368.1)       14.2             (353.9)        (329.3)       10.1             (319.2)
development
Marketing and        (632.6)       11.0             (621.6)        (535.3)       5.5              (529.8)
sales
General and          (163.3)       11.0             (152.3)        (147.6)       4.5              (143.1)
administrative
Total
stock-based                 36.8                               20.7          
compensation
expense

(2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for
the two different periods. In the event there is non-IFRS adjustment to the
relevant measure for only one of the periods under comparison, the non-IFRS
increase (decrease) compares the non-IFRS measure to the relevant IFRS
measure.

(3) Based on a weighted average 125.9 million diluted shares for 2012 and
124.0 million diluted shares for 2011.

Contact:

Dassault Systèmes:
François-José Bordonado/Beatrix Martinez, 33.1.61.62.69.24
or
United States and Canada:
Michele.Katz@3DS.com
or
FTI Consulting:
Jon Snowball, 44.20.7831.3113
or
Clément Bénétreau/Caroline Guilhaume/Yannick Duvergé, 33.1.47.03.68.10
 
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