Dassault Systèmes Reports Strong 3DEXPERIENCE-driven Growth with Fourth Quarter Total Revenue up 13% and Software Revenue up 11% at Constant Currency

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

   
In millions of Euros   December 31,
2018
  December 31,
2017
 
ASSETS
Cash and cash equivalents 2,809.3 2,459.4
Short-term investments 0.6 1.3
Accounts receivable, net 1,044.1 895.9
Contract assets 26.5 -
Other current assets 321.3 242.9
Total current assets 4,201.8 3,599.5
Property and equipment, net 178.2 169.0
Goodwill and Intangible assets, net 3,262.4 2,990.1
Other non-current assets 331.6   271.2
Total Assets   € 7,974.0   € 7,029.8
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable 161.7 149.3
Contract liabilities 907.5 876.4
Short-term debt 350.0 -
Other current liabilities 603.6 501.7
Total current liabilities 2,022.8 1,527.4
Long-term debt 650.0 1,000.0
Other non-current obligations 675.4 506.3
Total long-term liabilities 1,325.4 1,506.3
Non-controlling interests 63.9 1.9
Parent shareholders' equity 4,561.9   3,994.2
Total Liabilities and Shareholders' equity   € 7,974.0   € 7,029.8

The Group has initially applied IFRS 15 at 1 January 2018.

Under the transition method chosen, comparative information is not restated.

 

IFRS 15

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