Assets
| Type | Time | Amount | Unit |
|---|---|---|---|
| ifrs-full:Assets | 2024-12-31 | 1182583000 | vEUR |
| ifrs-full:Assets | 2023-12-31 | 1045039000 | vEUR |
| ifrs-full:Assets | 2022-12-31 | 456621000 | vEUR |
| ifrs-full:Assets | 2021-12-31 | 389962000 | vEUR |
| ifrs-full:Assets | 2020-12-31 | 357981000 | vEUR |
Revenue
| Type | Start date | End date | Amount | Unit |
|---|---|---|---|---|
| ifrs-full:Revenue | 2024-01-01 | 2024-12-31 | 337462000 | vEUR |
| ifrs-full:Revenue | 2023-01-01 | 2023-12-31 | 301390000 | vEUR |
| ifrs-full:Revenue | 2022-01-01 | 2022-12-31 | 263438000 | vEUR |
| ifrs-full:Revenue | 2021-01-01 | 2021-12-31 | 250191000 | vEUR |
| ifrs-full:Revenue | 2020-01-01 | 2020-12-31 | 235572000 | vEUR |
XML
See the xml submitted here:
XML: http://regnskaber.virk.dk/18250551/amNsb3VkczovLzAzLzA4L2E4Lzc5L2RhLzUxYzUtNGNiZS05ZDdlLTI5MTUxNjVjNjkwMw.xml
Separator
The full data:
<?xml version="1.0" encoding="UTF-8"?>
<!-- Version: 1.1.1369.0 -->
<!-- Document created: 11-06-2025 20:23:39 -->
<!-- Created by: XBRL Wizard, EasyX -->
<xbrli:xbrl xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://xbrl.org/2006/xbrldi http://www.xbrl.org/2006/xbrldi-2006.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:entry="http://xbrl.dcca.dk/entryBalanceSheetAccountFormIncomeStatementByNature" xmlns:cmn="http://xbrl.dcca.dk/cmn" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:tch="http://xbrl.dcca.dk/tch" xmlns:frm="http://xbrl.dcca.dk/frm_DanishGAAPBalanceSheetAccountFormIncomeStatementByNatureIncludingManagementsReviewStatisticsAndTax" xmlns:arr="http://xbrl.dcca.dk/arr" xmlns:gen="http://xbrl.org/2008/generic" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:label="http://xbrl.org/2008/label" xmlns:gsd="http://xbrl.dcca.dk/gsd" xmlns:tax="http://xbrl.dcca.dk/tax" xmlns:variable="http://xbrl.org/2008/variable" xmlns:eogs="http://xbrl.dcca.dk/eogs" xmlns:dst="http://xbrl.dcca.dk/dst" xmlns:valm="http://xbrl.org/2010/message/validation" xmlns:msg="http://xbrl.org/2010/message" xmlns:fsa="http://xbrl.dcca.dk/fsa" xmlns:mrv="http://xbrl.dcca.dk/mrv" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:esg="http://xbrl.dcca.dk/esg" xmlns:sob="http://xbrl.dcca.dk/sob">
<link:schemaRef xlink:type="simple" xlink:href="http://archprod.service.eogs.dk/taxonomy/20241001/entryDanishGAAPBalanceSheetAccountFormIncomeStatementByNatureIncludingManagementsReviewStatisticsAndTax20241001.xsd" />
<xbrli:context id="ctx1">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx2">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
<cmn:memberOfBoardIdentifier>0</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx3">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfExecutiveBoardDimension">
<cmn:memberOfBoardIdentifier>1</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx4">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>0</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx5">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>1</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx6">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>2</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx7">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>3</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx8">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>4</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx9">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>5</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx10">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>6</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx11">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>7</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx12">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfMemberOfSupervisoryBoardDimension">
<cmn:memberOfBoardIdentifier>8</cmn:memberOfBoardIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx13">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2023-01-01</xbrli:startDate>
<xbrli:endDate>2023-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx14">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant>2024-12-31</xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx15">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant>2023-12-31</xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx16">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2022-01-01</xbrli:startDate>
<xbrli:endDate>2022-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx17">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2021-01-01</xbrli:startDate>
<xbrli:endDate>2021-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx18">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx19">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>0</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx20">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2023-01-01</xbrli:startDate>
<xbrli:endDate>2023-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>1</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx21">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2022-01-01</xbrli:startDate>
<xbrli:endDate>2022-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>2</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx22">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2021-01-01</xbrli:startDate>
<xbrli:endDate>2021-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>3</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx23">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>4</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx24">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>5</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx25">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2023-01-01</xbrli:startDate>
<xbrli:endDate>2023-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>6</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx26">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2022-01-01</xbrli:startDate>
<xbrli:endDate>2022-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>7</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx27">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2021-01-01</xbrli:startDate>
<xbrli:endDate>2021-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>8</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx28">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>9</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx29">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant>2022-12-31</xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx30">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant>2021-12-31</xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant>2020-12-31</xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="ctx32">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>10</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx33">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2023-01-01</xbrli:startDate>
<xbrli:endDate>2023-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>11</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx34">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2022-01-01</xbrli:startDate>
<xbrli:endDate>2022-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>12</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx35">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2021-01-01</xbrli:startDate>
<xbrli:endDate>2021-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>13</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx36">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>14</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx37">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>15</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx38">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2023-01-01</xbrli:startDate>
<xbrli:endDate>2023-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>16</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx39">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2022-01-01</xbrli:startDate>
<xbrli:endDate>2022-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>17</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx40">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2021-01-01</xbrli:startDate>
<xbrli:endDate>2021-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>18</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx41">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2020-01-01</xbrli:startDate>
<xbrli:endDate>2020-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="mrv:IdentificationOfKeyFigureOrFinancialRatioDimension">
<mrv:keyFigureOrFinancialRatioIdentifier>19</mrv:keyFigureOrFinancialRatioIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx42">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
<cmn:auditorIdentifier>0</cmn:auditorIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:context id="ctx43">
<xbrli:entity>
<xbrli:identifier scheme="http://www.dcca.dk/cvr">15505281</xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate>2024-01-01</xbrli:startDate>
<xbrli:endDate>2024-12-31</xbrli:endDate>
</xbrli:period>
<xbrli:scenario>
<xbrldi:typedMember dimension="cmn:IdentificationOfAuditorDimension">
<cmn:auditorIdentifier>1</cmn:auditorIdentifier>
</xbrldi:typedMember>
</xbrli:scenario>
</xbrli:context>
<xbrli:unit id="vEUR">
<xbrli:measure>iso4217:EUR</xbrli:measure>
</xbrli:unit>
<xbrli:unit id="pure">
<xbrli:measure>xbrli:pure</xbrli:measure>
</xbrli:unit>
<gsd:ReportingPeriodStartDate contextRef="ctx1">2024-01-01</gsd:ReportingPeriodStartDate>
<gsd:ReportingPeriodEndDate contextRef="ctx1">2024-12-31</gsd:ReportingPeriodEndDate>
<gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx1">15505281</gsd:IdentificationNumberCvrOfReportingEntity>
<gsd:DateOfGeneralMeeting contextRef="ctx1">2025-05-21</gsd:DateOfGeneralMeeting>
<gsd:NameAndSurnameOfChairmanOfGeneralMeeting contextRef="ctx1" xml:lang="da">Martin Schak Møller</gsd:NameAndSurnameOfChairmanOfGeneralMeeting>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Managementâs statement</td></tr></table></sob:StatementByExecutiveAndSupervisoryBoards>
<sob:IdentificationOfApprovedAnnualReport contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The Executive Board and Board of Directors have today considered and adopted the Annual</td></tr><tr><td colspan="1">Report of SimCorp A/S for the financial year 1 January - 31 December 2024.</td></tr></table></sob:IdentificationOfApprovedAnnualReport>
<sob:ConfirmationThatAnnualReportIsPresentedInAccordanceWithRequirementsProvidedForByLegislationAnyStandardsAndRequirementsProvidedByArticlesOfAssociationOrByAgreement contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The Annual Report is prepared in accordance with the Danish Financial Statements Act.</td></tr></table></sob:ConfirmationThatAnnualReportIsPresentedInAccordanceWithRequirementsProvidedForByLegislationAnyStandardsAndRequirementsProvidedByArticlesOfAssociationOrByAgreement>
<sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">In our opinion the Financial Statements give a true and fair view of the financial position at</td></tr><tr><td colspan="1">31 December 2024 of the Company and of the results of the Company operations for 2024.</td></tr></table></sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults>
<sob:ManagementsStatementAboutManagementsReview contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">In our opinion, Management's Review includes a true and fair account of the matters</td></tr><tr><td colspan="1">addressed in the Review.</td></tr></table></sob:ManagementsStatementAboutManagementsReview>
<sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">We recommend that the Annual Report be adopted at the Annual General Meeting.</td></tr></table></sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting>
<sob:PlaceOfSignatureOfStatement contextRef="ctx1" xml:lang="da">Copenhagen</sob:PlaceOfSignatureOfStatement>
<sob:DateOfApprovalOfAnnualReport contextRef="ctx1">2025-05-21</sob:DateOfApprovalOfAnnualReport>
<arr:IndependentAuditorsReportsAudit contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Independent Auditorâs Report</td></tr></table></arr:IndependentAuditorsReportsAudit>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">To the Shareholders of SimCorp A/S</td></tr></table></arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Opinion</td></tr><tr><td colspan="1">In our opinion, the Financial Statements give a true and fair view of the financial position of</td></tr><tr><td colspan="1">the Company at 31 December 2024, and of the results of the Companyâs operations for the</td></tr><tr><td colspan="1">financial year 1 January - 31 December 2024 in accordance with the Danish Financial</td></tr><tr><td colspan="1">Statements Act.</td></tr><tr><td colspan="1">We have audited the Financial Statements of SimCorp A/S for the financial year 1 January -</td></tr><tr><td colspan="1">31 December 2024, which comprise income statement, balance sheet, statement of changes</td></tr><tr><td colspan="1">in equity and notes, including a summary of significant accounting policies (âthe Financial</td></tr><tr><td colspan="1">Statementsâ).</td></tr></table></arr:OpinionOnAuditedFinancialStatements>
<arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Basis for Opinion</td></tr><tr><td colspan="1">We conducted our audit in accordance with International Standards on Auditing (ISAs) and</td></tr><tr><td colspan="1">the additional requirements applicable in Denmark. Our responsibilities under those</td></tr><tr><td colspan="1">standards and requirements are further described in the âAuditorâs Responsibilities for the</td></tr><tr><td colspan="1">audit of the Financial Statementsâ section of our report. We are independent of the Company</td></tr><tr><td colspan="1">in accordance with the International Ethics Standards Board for Accountantsâ International</td></tr><tr><td colspan="1">Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical</td></tr><tr><td colspan="1">requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in</td></tr><tr><td colspan="1">accordance with these requirements and the IESBA Code. We believe that the audit</td></tr><tr><td colspan="1">evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.</td></tr></table></arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement on Managementâs Review</td></tr><tr><td colspan="1">Management is responsible for Managementâs Review.</td></tr><tr><td colspan="1">Our opinion on the Financial Statements does not cover Managementâs Review, and we do</td></tr><tr><td colspan="1">not express any form of assurance conclusion thereon.</td></tr><tr><td colspan="1">In connection with our audit of the Financial Statements, our responsibility is to read</td></tr><tr><td colspan="1">Managementâs Review and, in doing so, consider whether Managementâs Review is</td></tr><tr><td colspan="1">materially inconsistent with the Financial Statements or our knowledge obtained during the</td></tr><tr><td colspan="1">audit, or otherwise appears to be materially misstated.</td></tr><tr><td colspan="1">Moreover, it is our responsibility to consider whether Managementâs Review provides the</td></tr><tr><td colspan="1">information required under the Danish Financial Statements Act.</td></tr><tr><td colspan="1">Based on the work we have performed, in our view, Managementâs Review is in accordance</td></tr><tr><td colspan="1">with the Financial Statements and has been prepared in accordance with the requirements</td></tr><tr><td colspan="1">of the Danish Financial Statements Act. We did not identify any material misstatement in</td></tr><tr><td colspan="1">Managementâs Review.</td></tr></table></arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Managementâs Responsibilities for the Financial Statements</td></tr><tr><td colspan="1">Management is responsible for the preparation of Financial Statements that give a true and</td></tr><tr><td colspan="1">fair view in accordance with the Danish Financial Statements Act, and for such internal</td></tr><tr><td colspan="1">control as Management determines is necessary to enable the preparation of financial</td></tr><tr><td colspan="1">statements that are free from material misstatement, whether due to fraud or error.</td></tr><tr><td colspan="1">In preparing the Financial Statements, Management is responsible for assessing the</td></tr><tr><td colspan="1">Companyâs ability to continue as a going concern, disclosing, as applicable, matters related</td></tr><tr><td colspan="1">to going concern and using the going concern basis of accounting in preparing the Financial</td></tr><tr><td colspan="1">Statements unless Management either intends to liquidate the Company or to cease</td></tr><tr><td colspan="1">operations, or has no realistic alternative but to do so.</td></tr></table></arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Auditorâs Responsibilities for the Audit of the Financial Statements</td></tr><tr><td colspan="1">Our objectives are to obtain reasonable assurance about whether the Financial Statements</td></tr><tr><td colspan="1">as a whole are free from material misstatement, whether due to fraud or error, and to issue</td></tr><tr><td colspan="1">an auditorâs report that includes our opinion. Reasonable assurance is a high level of</td></tr><tr><td colspan="1">assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the</td></tr><tr><td colspan="1">additional requirements applicable in Denmark will always detect a material misstatement</td></tr><tr><td colspan="1">when it exists. Misstatements can arise from fraud or error and are considered material if,</td></tr><tr><td colspan="1">individually or in the aggregate, they could reasonably be expected to influence the</td></tr><tr><td colspan="1">economic decisions of users taken on the basis of these Financial Statements.</td></tr><tr><td colspan="1">As part of an audit conducted in accordance with ISAs and the additional requirements</td></tr><tr><td colspan="1">applicable in Denmark, we exercise professional judgement and maintain professional</td></tr><tr><td colspan="1">scepticism throughout the audit. We also</td></tr><tr><td colspan="1">⢠Identify and assess the risks of material misstatement of the Financial Statements,</td></tr><tr><td colspan="1">whether due to fraud or error, design and perform audit procedures responsive to those</td></tr><tr><td colspan="1">risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for</td></tr><tr><td colspan="1">our opinion. The risk of not detecting a material misstatement resulting from fraud is</td></tr><tr><td colspan="1">higher than for one resulting from error as fraud may involve collusion, forgery,</td></tr><tr><td colspan="1">intentional omissions, misrepresentations, or the override of internal control.</td></tr><tr><td colspan="1">⢠Obtain an understanding of internal control relevant to the audit in order to design audit</td></tr><tr><td colspan="1">procedures that are appropriate in the circumstances, but not for the purpose of</td></tr><tr><td colspan="1">expressing an opinion on the effectiveness of the Companyâs internal control.</td></tr><tr><td colspan="1">⢠Evaluate the appropriateness of accounting policies used and the reasonableness of</td></tr><tr><td colspan="1">accounting estimates and related disclosures made by Management.</td></tr><tr><td colspan="1">⢠Conclude on the appropriateness of Managementâs use of the going concern basis of</td></tr><tr><td colspan="1">accounting in preparing the Financial Statements and, based on the audit evidence</td></tr><tr><td colspan="1">obtained, whether a material uncertainty exists related to events or conditions that may</td></tr><tr><td colspan="1">cast significant doubt on the Companyâs ability to continue as a going concern. If we</td></tr><tr><td colspan="1">conclude that a material uncertainty exists, we are required to draw attention in our</td></tr><tr><td colspan="1">auditorâs report to the related disclosures in the Financial Statements or, if such</td></tr><tr><td colspan="1">disclosures are inadequate, to modify our opinion. Our conclusions are based on the</td></tr><tr><td colspan="1">audit evidence obtained up to the date of our auditorâs report. However, future events or</td></tr><tr><td colspan="1">conditions may cause the Company to cease to continue as a going concern.</td></tr><tr><td colspan="1">⢠Evaluate the overall presentation, structure and contents of the Financial Statements,</td></tr><tr><td colspan="1">including the disclosures, and whether the Financial Statements represent the underlying</td></tr><tr><td colspan="1">transactions and events in a manner that gives a true and fair view.</td></tr><tr><td colspan="1">We communicate with those charged with governance regarding, among other matters, the</td></tr><tr><td colspan="1">planned scope and timing of the audit and significant audit findings, including any significant</td></tr><tr><td colspan="1">deficiencies in internal control that we identify during our audit.</td></tr></table></arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:SignatureOfAuditorsPlace contextRef="ctx1" xml:lang="da">Hellerup</arr:SignatureOfAuditorsPlace>
<arr:SignatureOfAuditorsDate contextRef="ctx1">2025-05-21</arr:SignatureOfAuditorsDate>
<gsd:NameOfReportingEntity contextRef="ctx1" xml:lang="da">SimCorp A/S</gsd:NameOfReportingEntity>
<gsd:AddressOfReportingEntityStreetName contextRef="ctx1" xml:lang="da">Weidekampsgade</gsd:AddressOfReportingEntityStreetName>
<gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx1" xml:lang="da">16</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
<gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx1" xml:lang="da">2300</gsd:AddressOfReportingEntityPostCodeIdentifier>
<gsd:AddressOfReportingEntityDistrictName contextRef="ctx1" xml:lang="da">Copenhagen S</gsd:AddressOfReportingEntityDistrictName>
<gsd:TelephoneNumberOfReportingEntity contextRef="ctx1" xml:lang="da">+45 35 44 88 00</gsd:TelephoneNumberOfReportingEntity>
<gsd:RegisteredOfficeOfReportingEntity contextRef="ctx1" xml:lang="da">Copenhagen</gsd:RegisteredOfficeOfReportingEntity>
<fsa:Revenue contextRef="ctx1" unitRef="vEUR" decimals="-3">337462000</fsa:Revenue>
<fsa:OtherOperatingIncome contextRef="ctx1" unitRef="vEUR" decimals="-3">34237000</fsa:OtherOperatingIncome>
<fsa:CostOfSales contextRef="ctx1" unitRef="vEUR" decimals="-3">117220000</fsa:CostOfSales>
<fsa:OtherExternalExpenses contextRef="ctx1" unitRef="vEUR" decimals="-3">62631000</fsa:OtherExternalExpenses>
<fsa:GrossProfitLoss contextRef="ctx1" unitRef="vEUR" decimals="-3">191848000</fsa:GrossProfitLoss>
<fsa:EmployeeBenefitsExpense contextRef="ctx1" unitRef="vEUR" decimals="-3">83972000</fsa:EmployeeBenefitsExpense>
<fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss contextRef="ctx1" unitRef="vEUR" decimals="-3">8187000</fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss>
<fsa:OtherOperatingExpenses contextRef="ctx1" unitRef="vEUR" decimals="-3">1014000</fsa:OtherOperatingExpenses>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx1" unitRef="vEUR" decimals="-3">98675000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:IncomeFromInvestmentsInGroupEnterprises contextRef="ctx1" unitRef="vEUR" decimals="-3">26288000</fsa:IncomeFromInvestmentsInGroupEnterprises>
<fsa:IncomeFromInvestmentsInAssociates contextRef="ctx1" unitRef="vEUR" decimals="-3">62000</fsa:IncomeFromInvestmentsInAssociates>
<fsa:OtherFinanceIncome contextRef="ctx1" unitRef="vEUR" decimals="-3">9027000</fsa:OtherFinanceIncome>
<fsa:OtherFinanceExpenses contextRef="ctx1" unitRef="vEUR" decimals="-3">5699000</fsa:OtherFinanceExpenses>
<fsa:ProfitLossFromOrdinaryActivitiesBeforeTax contextRef="ctx1" unitRef="vEUR" decimals="-3">128353000</fsa:ProfitLossFromOrdinaryActivitiesBeforeTax>
<fsa:TaxExpense contextRef="ctx1" unitRef="vEUR" decimals="-3">20614000</fsa:TaxExpense>
<fsa:ProfitLoss contextRef="ctx1" unitRef="vEUR" decimals="-3">107739000</fsa:ProfitLoss>
<fsa:StatementOfChangesInEquity contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="100%" colspan="7" align="left" valign="middle" >Statement of changes in equity</td></tr><tr><td width="100%" colspan="7" align="left" valign="middle" >EUR thousand</td></tr><tr><td colspan="7"></td></tr><tr><td width="25%" ></td><td width="12%" ></td><td width="12%" colspan="1" align="right" valign="middle" ><b>Reserve for</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b></b></td><td width="12%" colspan="1" align="right" valign="middle" ><b></b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>Proposed</b></td><td width="15%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="25%" ></td><td width="12%" ></td><td width="12%" colspan="1" align="right" valign="middle" ><b>development</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>Share-based</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>Retained</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>dividends for</b></td><td width="15%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="25%" ></td><td width="12%" colspan="1" align="right" valign="middle" ><b>Share capital</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>projects</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>payment</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>earnings</b></td><td width="12%" colspan="1" align="right" valign="middle" ><b>the year</b></td><td width="15%" colspan="1" align="right" valign="middle" ><b>Total</b></td></tr><tr><td width="25%" colspan="1" align="left" valign="middle" >Equity January 1, 2024</td><td width="12%" align="right" valign="middle" > 5.441 </td><td width="12%" align="right" valign="middle" > 9.579 </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > 840.290 </td><td width="12%" align="right" valign="middle" > - </td><td width="15%" align="right" valign="middle" > 855.310 </td></tr><tr><td width="25%" colspan="1" align="left" valign="middle" >Net profit for the year</td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > 107.739 </td><td width="12%" align="right" valign="middle" > - </td><td width="15%" align="right" valign="middle" > 107.739 </td></tr><tr><td width="100%" colspan="7" align="left" valign="middle" >Capitalization development</td></tr><tr><td width="25%" colspan="1" align="left" valign="middle" >projects</td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > 38.904 </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" >- 38.904 </td><td width="12%" align="right" valign="middle" > - </td><td width="15%" align="right" valign="middle" > - </td></tr><tr><td width="25%" colspan="1" align="left" valign="middle" >Exchange rate adjustments</td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" >- 526 </td><td width="12%" align="right" valign="middle" > - </td><td width="15%" align="right" valign="middle" >- 526 </td></tr><tr><td width="25%" colspan="1" align="left" valign="middle" >Proposed dividends</td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > - </td><td width="15%" align="right" valign="middle" > - </td></tr><tr><td width="25%" colspan="1" align="left" valign="middle" >Equity December 31, 2024</td><td width="12%" align="right" valign="middle" > 5.441 </td><td width="12%" align="right" valign="middle" > 48.483 </td><td width="12%" align="right" valign="middle" > - </td><td width="12%" align="right" valign="middle" > 908.599 </td><td width="12%" align="right" valign="middle" > - </td><td width="15%" align="right" valign="middle" > 962.523 </td></tr><tr><td colspan="7"></td></tr><tr><td width="100%" colspan="7" align="left" valign="middle" >SimCorp A/S Annual Report 2024</td></tr></table></fsa:StatementOfChangesInEquity>
<fsa:DisclosureOfRevenue contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >Notes</td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" align="right" valign="middle" ><b>1</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Revenue</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >Revenue breakdown by activity</td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >On-premise revenue</td><td width="8%" align="right" valign="middle" > 31.721 </td><td width="9%" align="right" valign="middle" > 52.944 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Software as a Service revenue</td><td width="8%" align="right" valign="middle" > 10.781 </td><td width="9%" align="right" valign="middle" > 5.221 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Professional service</td><td width="8%" align="right" valign="middle" > 12.288 </td><td width="9%" align="right" valign="middle" > 9.409 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Revenue from subsidiaries</td><td width="8%" align="right" valign="middle" > 282.672 </td><td width="9%" align="right" valign="middle" > 233.816 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 337.462 </td><td width="9%" align="right" valign="middle" > 301.390 </td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >Revenue breakdown by market</td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Scandinavia</td><td width="8%" align="right" valign="middle" > 94.122 </td><td width="9%" align="right" valign="middle" > 89.753 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Rest of Europe</td><td width="8%" align="right" valign="middle" > 139.908 </td><td width="9%" align="right" valign="middle" > 131.598 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >North America</td><td width="8%" align="right" valign="middle" > 40.329 </td><td width="9%" align="right" valign="middle" > 47.587 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Others</td><td width="8%" align="right" valign="middle" > 63.103 </td><td width="9%" align="right" valign="middle" > 32.452 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 337.462 </td><td width="9%" align="right" valign="middle" > 301.390 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfRevenue>
<fsa:DisclosureOfEmployeeBenefitsExpense contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>2</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Staff expense</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Salaries</td><td width="8%" align="right" valign="middle" > 81.779 </td><td width="9%" align="right" valign="middle" > 91.125 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Defined contribution pension plans</td><td width="8%" align="right" valign="middle" > 2.003 </td><td width="9%" align="right" valign="middle" > 1.910 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Social security costs</td><td width="8%" align="right" valign="middle" > 190 </td><td width="9%" align="right" valign="middle" > 180 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 83.972 </td><td width="9%" align="right" valign="middle" > 93.215 </td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >Including remuneration to the executive and Board</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >of Director</td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Executive Board</td><td width="8%" align="right" valign="middle" > 8.386 </td><td width="9%" align="right" valign="middle" > 4.446 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Board of Directors</td><td width="8%" align="right" valign="middle" > 755 </td><td width="9%" align="right" valign="middle" > 797 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 9.141 </td><td width="9%" align="right" valign="middle" > 5.243 </td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Average number of employees</td><td width="8%" align="right" valign="middle" >596</td><td width="9%" align="right" valign="middle" >590</td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >SimCorpâs Board of Directors has adopted an overall policy for remuneration and incentive</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >programs. The policy has been approved by shareholders at the Annual General Meeting</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >with the overall objective being to promote awareness of profitable growth and the Groupâs</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >long-term goals.</td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >Where SimCorp provides long-term incentives and benefits, costs are accrued to match the</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >rendering of services by the employees.</td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >After the takeover by Deutsche Börse Group and subsequent delisting of SimCorp, the</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >share-based program compromised of equity-settled restricted stock units (RSUs) have</td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >been reclassified from equity settled to cash settled.</td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfEmployeeBenefitsExpense>
<fsa:AverageNumberOfEmployees contextRef="ctx1" unitRef="pure" decimals="0">596</fsa:AverageNumberOfEmployees>
<fsa:DisclosureOfIncomeIncludingDividendIncomeFromInvestmentsInGroupEnterprisesAndAssociates contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>3</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Income from investments in subsidiaries</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Dividends from subsidiaries</td><td width="8%" align="right" valign="middle" > 26.288 </td><td width="9%" align="right" valign="middle" > 26.628 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 26.288 </td><td width="9%" align="right" valign="middle" > 26.628 </td></tr><tr><td colspan="4"></td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>4</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Income from investments in associates</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Dividends from associates</td><td width="8%" align="right" valign="middle" > 62 </td><td width="9%" align="right" valign="middle" > 62 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 62 </td><td width="9%" align="right" valign="middle" > 62 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfIncomeIncludingDividendIncomeFromInvestmentsInGroupEnterprisesAndAssociates>
<fsa:DisclosureOfOtherFinanceIncome contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>5</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Financial income</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Interest income, subsidiaries</td><td width="8%" align="right" valign="middle" > 6.572 </td><td width="9%" align="right" valign="middle" > 2.762 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Foreign exchange gains</td><td width="8%" align="right" valign="middle" > 1.607 </td><td width="9%" align="right" valign="middle" > - </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Other financial income</td><td width="8%" align="right" valign="middle" > 848 </td><td width="9%" align="right" valign="middle" > 574 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 9.027 </td><td width="9%" align="right" valign="middle" > 3.336 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfOtherFinanceIncome>
<fsa:DisclosureOfOtherFinanceExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>6</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Financial expenses</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Interest expenses, subsidiaries</td><td width="8%" align="right" valign="middle" > 5.286 </td><td width="9%" align="right" valign="middle" > 1.344 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Foreign exchange loss</td><td width="8%" align="right" valign="middle" > - </td><td width="9%" align="right" valign="middle" > 938 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Other financial expenses</td><td width="8%" align="right" valign="middle" > 413 </td><td width="9%" align="right" valign="middle" > 897 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 5.699 </td><td width="9%" align="right" valign="middle" > 3.179 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfOtherFinanceExpenses>
<fsa:DisclosureOfTaxExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>7</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Tax on the profit for the year</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Current tax for the year</td><td width="8%" align="right" valign="middle" > 8.715 </td><td width="9%" align="right" valign="middle" >- 1.219 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Deferred tax for the year</td><td width="8%" align="right" valign="middle" > 11.792 </td><td width="9%" align="right" valign="middle" > 13.055 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Prior-year adjustments, current tax</td><td width="8%" align="right" valign="middle" > 687 </td><td width="9%" align="right" valign="middle" > 1.880 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Prior-year adjustments, deferred tax</td><td width="8%" align="right" valign="middle" >- 580 </td><td width="9%" align="right" valign="middle" >- 1.925 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 20.614 </td><td width="9%" align="right" valign="middle" > 11.791 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfTaxExpenses>
<fsa:DisclosureOfTheManagementsProposedDistributionOfProfitLoss contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td /><td>Proposed distribution of net profit</td></tr><tr><td /><td>EUR thousand</td><td>2024</td><td>2023</td></tr></table></fsa:DisclosureOfTheManagementsProposedDistributionOfProfitLoss>
<fsa:TransferredToFromRetainedEarnings contextRef="ctx1" unitRef="vEUR" decimals="-3">102688000</fsa:TransferredToFromRetainedEarnings>
<fsa:DisclosureOfIntangibleAssets contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="2%" align="right" valign="middle" ><b>9</b></td><td width="98%" colspan="5" align="left" valign="middle" ><b>Intangible assets</b></td></tr><tr><td width="2%" ></td><td width="98%" colspan="5" align="left" valign="middle" ><b>EUR thousand</b></td></tr><tr><td width="2%" ></td><td width="68%" ></td><td width="7%" colspan="1" align="right" valign="middle" ><b>Development</b></td><td width="7%" colspan="1" align="right" valign="middle" ><b></b></td><td width="7%" colspan="1" align="right" valign="middle" ><b>Completed</b></td><td width="9%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="2%" ></td><td width="68%" ></td><td width="7%" colspan="1" align="right" valign="middle" ><b>projects in</b></td><td width="7%" colspan="1" align="right" valign="middle" ><b></b></td><td width="7%" colspan="1" align="right" valign="middle" ><b>development</b></td><td width="9%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="2%" ></td><td width="68%" align="right" valign="middle" ><b>2024</b></td><td width="7%" colspan="1" align="right" valign="middle" ><b>progress</b></td><td width="7%" colspan="1" align="right" valign="middle" ><b>Software</b></td><td width="7%" colspan="1" align="right" valign="middle" ><b>projects</b></td><td width="9%" colspan="1" align="right" valign="middle" ><b>Total</b></td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Cost at January 1</td><td width="7%" align="right" valign="middle" > 12.281 </td><td width="7%" align="right" valign="middle" > 8.053 </td><td width="7%" align="right" valign="middle" > - </td><td width="9%" align="right" valign="middle" > 20.334 </td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Additions during the year</td><td width="7%" align="right" valign="middle" > 53.472 </td><td width="7%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > - </td><td width="9%" align="right" valign="middle" > 53.472 </td></tr><tr><td width="2%" ></td><td width="98%" colspan="5" align="left" valign="middle" >Transfers during year from development projects in</td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >progress</td><td width="7%" align="right" valign="middle" >- 40.827 </td><td width="7%" ></td><td width="7%" align="right" valign="middle" > 40.827 </td><td width="9%" align="right" valign="middle" > - </td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Cost at December 31</td><td width="7%" align="right" valign="middle" > 24.926 </td><td width="7%" align="right" valign="middle" > 8.053 </td><td width="7%" align="right" valign="middle" > 40.827 </td><td width="9%" align="right" valign="middle" > 73.806 </td></tr><tr><td colspan="6"></td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Impairment losses and amortization at January 1</td><td width="7%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > 8.053 </td><td width="7%" align="right" valign="middle" > - </td><td width="9%" align="right" valign="middle" > 8.053 </td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Amortization for the year</td><td width="7%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > 3.595 </td><td width="9%" align="right" valign="middle" > 3.595 </td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Impairment losses and amortization at December 31</td><td width="7%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > 8.053 </td><td width="7%" align="right" valign="middle" > 3.595 </td><td width="9%" align="right" valign="middle" > 11.648 </td></tr><tr><td colspan="6"></td></tr><tr><td width="2%" ></td><td width="68%" colspan="1" align="left" valign="middle" >Carrying amount at December 31</td><td width="7%" align="right" valign="middle" > 24.926 </td><td width="7%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > 37.232 </td><td width="9%" align="right" valign="middle" > 62.158 </td></tr><tr><td colspan="6"></td></tr><tr><td width="2%" ></td><td width="75%" colspan="2" align="left" valign="middle" >Amortization period</td><td width="7%" colspan="1" align="right" valign="middle" >5 years</td><td width="7%" colspan="1" align="right" valign="middle" >7 years</td><td width="9%" colspan="1" align="right" valign="middle" ></td></tr><tr><td colspan="6"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="5" align="left" valign="middle" >Development projects comprise development of new functionalities on existing products. The new functionalities will improve processes and are expected to be sold to current clients.</td></tr><tr><td colspan="6"></td></tr></table></fsa:DisclosureOfIntangibleAssets>
<fsa:DisclosureOfPropertyPlantAndEquipment contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="2%" align="right" valign="middle" ><b>10</b></td><td width="98%" colspan="6" align="left" valign="middle" ><b>Property, plant and equipment</b></td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" ><b>EUR thousand</b></td></tr><tr><td width="2%" ></td><td width="64%" align="right" valign="middle" ><b>2024</b></td><td width="6%" ></td><td width="6%" ></td><td width="22%" colspan="3" align="left" valign="middle" ><b>Other fixture,</b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Land and</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Plant and</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>fittings, tools</b></td><td width="16%" colspan="2" align="left" valign="middle" ><b>Leasehold</b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" colspan="1" align="left" valign="middle" ><b>buildings</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>machinery</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>and equipment</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>improvements</b></td><td width="10%" colspan="1" align="left" valign="middle" ><b>Total</b></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Cost at January 1</td><td width="6%" align="right" valign="middle" > 32.266 </td><td width="6%" align="right" valign="middle" > 6.938 </td><td width="6%" align="right" valign="middle" > 3.118 </td><td width="6%" align="right" valign="middle" > 2.570 </td><td width="10%" align="right" valign="middle" > 44.892 </td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Additions during the year</td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" > 2.110 </td><td width="6%" align="right" valign="middle" > 328 </td><td width="6%" align="right" valign="middle" > 4 </td><td width="10%" align="right" valign="middle" > 2.442 </td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Disposal during the year</td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" >- 16 </td><td width="6%" align="right" valign="middle" >- 168 </td><td width="6%" align="right" valign="middle" > - </td><td width="10%" align="right" valign="middle" >- 184 </td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Cost at December 31</td><td width="6%" align="right" valign="middle" > 32.266 </td><td width="6%" align="right" valign="middle" > 9.032 </td><td width="6%" align="right" valign="middle" > 3.278 </td><td width="6%" align="right" valign="middle" > 2.574 </td><td width="10%" align="right" valign="middle" > 47.150 </td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Impairment losses and depreciation</td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >at January 1</td><td width="6%" align="right" valign="middle" > 14.943 </td><td width="6%" align="right" valign="middle" > 6.226 </td><td width="6%" align="right" valign="middle" > 2.552 </td><td width="6%" align="right" valign="middle" > 2.258 </td><td width="10%" align="right" valign="middle" > 25.979 </td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Depreciation for the year</td><td width="6%" align="right" valign="middle" > 3.436 </td><td width="6%" align="right" valign="middle" > 647 </td><td width="6%" align="right" valign="middle" > 451 </td><td width="6%" align="right" valign="middle" > 58 </td><td width="10%" align="right" valign="middle" > 4.592 </td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Reversal of impairment and</td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >depreciation of sold assets</td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" >- 16 </td><td width="6%" align="right" valign="middle" >- 154 </td><td width="6%" align="right" valign="middle" > - </td><td width="10%" align="right" valign="middle" >- 170 </td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Impairment losses and depreciation</td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >at December 31</td><td width="6%" align="right" valign="middle" > 18.379 </td><td width="6%" align="right" valign="middle" > 6.857 </td><td width="6%" align="right" valign="middle" > 2.849 </td><td width="6%" align="right" valign="middle" > 2.316 </td><td width="10%" align="right" valign="middle" > 30.401 </td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Carrying amount at December 31</td><td width="6%" align="right" valign="middle" > 13.887 </td><td width="6%" align="right" valign="middle" > 2.175 </td><td width="6%" align="right" valign="middle" > 429 </td><td width="6%" align="right" valign="middle" > 258 </td><td width="10%" align="right" valign="middle" > 16.749 </td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Depreciation period</td><td width="6%" colspan="1" align="left" valign="middle" >Up to 10 years</td><td width="6%" colspan="1" align="left" valign="middle" >Up to 3 years</td><td width="6%" colspan="1" align="left" valign="middle" >Up to 5 years</td><td width="16%" colspan="2" align="left" valign="middle" >Up to 10 years</td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Including Right-of-use</td><td width="6%" align="right" valign="middle" > 13.887 </td><td width="6%" align="right" valign="middle" > 229 </td><td width="6%" align="right" valign="middle" > 105 </td><td width="6%" align="right" valign="middle" > - </td><td width="10%" ></td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Interest expenses recognized as</td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >part of cost</td><td width="6%" align="right" valign="middle" > 164 </td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" > 5 </td><td width="6%" align="right" valign="middle" > - </td><td width="10%" ></td></tr><tr><td colspan="7"></td></tr></table></fsa:DisclosureOfPropertyPlantAndEquipment>
<fsa:DisclosureOfInvestments contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="2%" align="right" valign="middle" ><b>11</b></td><td width="98%" colspan="7" align="left" valign="middle" ><b>Other non-current assets</b></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" ><b>EUR thousand</b></td></tr><tr><td width="2%" ></td><td width="61%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Investment in</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Investment in</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Other</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="7%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="2%" ></td><td width="61%" align="right" valign="middle" ><b>2024</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>subsidiaries</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>associates</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>investments***</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Deposits</b></td><td width="7%" colspan="1" align="right" valign="middle" ><b>Total</b></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Cost at January 1</td><td width="6%" align="right" valign="middle" > 648.563 </td><td width="6%" align="right" valign="middle" > 9.678 </td><td width="6%" ></td><td width="6%" align="right" valign="middle" > 4.835 </td><td width="6%" align="right" valign="middle" > 1.648 </td><td width="7%" align="right" valign="middle" > 664.724 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Exchange rate adjustment</td><td width="6%" align="right" valign="middle" >- 407 </td><td width="6%" align="right" valign="middle" >- 7 </td><td width="6%" ></td><td width="6%" align="right" valign="middle" >- 3 </td><td width="6%" align="right" valign="middle" >- 1 </td><td width="7%" align="right" valign="middle" >- 418 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Additions during the year*</td><td width="6%" align="right" valign="middle" > 23 </td><td width="6%" align="right" valign="middle" > - </td><td width="6%" ></td><td width="6%" align="right" valign="middle" > 197 </td><td width="6%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > 220 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Disposal during the year**</td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" >- 9.531 </td><td width="6%" ></td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" >- 9.531 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Cost at December 31</td><td width="6%" align="right" valign="middle" > 648.179 </td><td width="6%" align="right" valign="middle" > 140 </td><td width="6%" ></td><td width="6%" align="right" valign="middle" > 5.029 </td><td width="6%" align="right" valign="middle" > 1.647 </td><td width="7%" align="right" valign="middle" > 654.995 </td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Carrying amount at</td><td width="6%" align="right" valign="middle" > 648.179 </td><td width="6%" align="right" valign="middle" > 140 </td><td width="6%" ></td><td width="6%" align="right" valign="middle" > 5.029 </td><td width="6%" align="right" valign="middle" > 1.647 </td><td width="7%" align="right" valign="middle" > 654.995 </td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Dividends received</td><td width="6%" align="right" valign="middle" > 26.288 </td><td width="6%" align="right" valign="middle" > 62 </td><td width="6%" ></td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" > - </td><td width="7%" align="right" valign="middle" > 26.350 </td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >Additions during the year*</td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Austria GmbH</td><td width="6%" align="right" valign="middle" > 17 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp TalentCo ApS</td><td width="6%" align="right" valign="middle" > 5 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Alkymi Inc.</td><td width="6%" align="right" valign="middle" > 197 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >Disposal during the year**</td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Divestment Artega</td><td width="6%" align="right" valign="middle" >- 9.531 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="6%" align="right" valign="middle" ><b>2024</b></td><td width="6%" align="right" valign="middle" ><b>2023</b></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >Other investments***</td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Alkymi Inc.</td><td width="6%" align="right" valign="middle" > 720 </td><td width="6%" align="right" valign="middle" > 523 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Domos FS Limited</td><td width="6%" align="right" valign="middle" > 4.309 </td><td width="6%" align="right" valign="middle" > 4.312 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" ></td><td width="6%" align="right" valign="middle" > 5.029 </td><td width="6%" align="right" valign="middle" > 4.835 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="7%" ></td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >Local currency, thousand</td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >Investments in Subsidiaries are specified as follows</td></tr><tr><td width="2%" ></td><td width="61%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Equity</b></td><td width="7%" colspan="1" align="left" valign="middle" ><b>Net result</b></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" ><b>Name</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Registered office</b></td><td width="6%" colspan="1" align="center" valign="middle" ><b>Share capital</b></td><td width="6%" colspan="1" align="center" valign="middle" ><b></b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Ownership</b></td><td width="6%" align="right" valign="middle" ><b>2023</b></td><td width="7%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp sp z.o.o.</td><td width="6%" colspan="1" align="left" valign="middle" >Warsaw, Poland</td><td width="6%" colspan="1" align="left" valign="middle" >PLN</td><td width="6%" align="right" valign="middle" > 5 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 8.331 </td><td width="7%" align="right" valign="middle" > 5.298 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Japan KK</td><td width="6%" colspan="1" align="left" valign="middle" >Tokyo, Japan</td><td width="6%" colspan="1" align="left" valign="middle" >JPY</td><td width="6%" align="right" valign="middle" >0</td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" >- 39.576 </td><td width="7%" align="right" valign="middle" > 2.778 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp France S.A.S.</td><td width="6%" colspan="1" align="left" valign="middle" >Paris, France</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 500 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 5.988 </td><td width="7%" align="right" valign="middle" > 1.800 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Schweiz AG</td><td width="6%" colspan="1" align="left" valign="middle" >Zurich, Switzerland</td><td width="6%" colspan="1" align="left" valign="middle" >CHF</td><td width="6%" align="right" valign="middle" > 100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 5.286 </td><td width="7%" align="right" valign="middle" > 5.016 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Norge AS</td><td width="6%" colspan="1" align="left" valign="middle" >Oslo, Norway</td><td width="6%" colspan="1" align="left" valign="middle" >NOK</td><td width="6%" align="right" valign="middle" > 1.000 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 6.740 </td><td width="7%" align="right" valign="middle" > 14.832 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Iberia S.L. (Spain)</td><td width="6%" colspan="1" align="left" valign="middle" >Barcelona, Spain</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 3 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 376 </td><td width="7%" align="right" valign="middle" > 42 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Ukraine LLC</td><td width="6%" colspan="1" align="left" valign="middle" >Kiev, Ukraine</td><td width="6%" colspan="1" align="left" valign="middle" >UAH</td><td width="6%" align="right" valign="middle" > 2.968 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 76.135 </td><td width="7%" align="right" valign="middle" > 31.531 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Austria GmbH</td><td width="6%" colspan="1" align="left" valign="middle" >Vienna, Austria</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 35 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 580 </td><td width="7%" align="right" valign="middle" > 443 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Luxembourg S.a.r.l.</td><td width="6%" colspan="1" align="left" valign="middle" >Luxemburg, Luxemburg</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 31 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 33.960 </td><td width="7%" align="right" valign="middle" > 535 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Gain Switzerland GmbH</td><td width="6%" colspan="1" align="left" valign="middle" >Zurich, Switzerland</td><td width="6%" colspan="1" align="left" valign="middle" >CHF</td><td width="6%" align="right" valign="middle" > 100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" >- 260 </td><td width="7%" align="right" valign="middle" >- 151 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Ltd. (UK)</td><td width="6%" colspan="1" align="left" valign="middle" >London, United Kingdom</td><td width="6%" colspan="1" align="left" valign="middle" >GBP</td><td width="6%" align="right" valign="middle" > 100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 2.971 </td><td width="7%" align="right" valign="middle" > 644 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Canada Inc.</td><td width="6%" colspan="1" align="left" valign="middle" >Toronto, Canada</td><td width="6%" colspan="1" align="left" valign="middle" >CAD</td><td width="6%" align="right" valign="middle" > 8.500 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 8.286 </td><td width="7%" align="right" valign="middle" > 1.421 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp GmbH (Germany)</td><td width="6%" colspan="1" align="left" valign="middle" >Bad Homburg, Germany</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 102 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 3.797 </td><td width="7%" align="right" valign="middle" > 3.954 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Hong Kong Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >Hong Kong, China</td><td width="6%" colspan="1" align="left" valign="middle" >HKD</td><td width="6%" align="right" valign="middle" > 14.000 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 15.843 </td><td width="7%" align="right" valign="middle" > 2.442 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Italiana S.r.l</td><td width="6%" colspan="1" align="left" valign="middle" >Milan, Italy</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 2.100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 11.349 </td><td width="7%" align="right" valign="middle" > 7.976 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Philippines Inc.</td><td width="6%" colspan="1" align="left" valign="middle" >Manila, Philippines</td><td width="6%" colspan="1" align="left" valign="middle" >PHP</td><td width="6%" align="right" valign="middle" > 5.420 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 23.857 </td><td width="7%" align="right" valign="middle" > 25.851 </td></tr><tr><td width="2%" ></td><td width="91%" colspan="6" align="left" valign="middle" >SimCorp Advanced for Information</td><td width="7%" align="right" valign="middle" > 152 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Technology</td><td width="6%" colspan="1" align="left" valign="middle" >Riyadh, Saudi Arabia</td><td width="6%" colspan="1" align="left" valign="middle" >SAR</td><td width="6%" align="right" valign="middle" > 38 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 190 </td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Singapore Pte. Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >Singapore, Singapore</td><td width="6%" colspan="1" align="left" valign="middle" >SGD</td><td width="6%" align="right" valign="middle" >0</td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 3.518 </td><td width="7%" align="right" valign="middle" > 1.728 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp USA Inc.</td><td width="6%" colspan="1" align="left" valign="middle" >New York, USA</td><td width="6%" colspan="1" align="left" valign="middle" >USD</td><td width="6%" align="right" valign="middle" > 7.010 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 22.486 </td><td width="7%" align="right" valign="middle" > 3.446 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Sverige AB</td><td width="6%" colspan="1" align="left" valign="middle" >Stockholm, Sweden</td><td width="6%" colspan="1" align="left" valign="middle" >SEK</td><td width="6%" align="right" valign="middle" > 100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 29.976 </td><td width="7%" align="right" valign="middle" > 18.553 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp India LLP</td><td width="6%" colspan="1" align="left" valign="middle" >Noida, India</td><td width="6%" colspan="1" align="left" valign="middle" >INR</td><td width="6%" align="right" valign="middle" > 100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 9.854 </td><td width="7%" align="right" valign="middle" > 33.069 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Coric Ltd. (UK)</td><td width="6%" colspan="1" align="left" valign="middle" >London, United Kingdom</td><td width="6%" colspan="1" align="left" valign="middle" >GBP</td><td width="6%" align="right" valign="middle" > 721 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 3.840 </td><td width="7%" align="right" valign="middle" > 2.476 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Coric Inc.</td><td width="6%" colspan="1" align="left" valign="middle" >Boston, USA</td><td width="6%" colspan="1" align="left" valign="middle" >USD</td><td width="6%" align="right" valign="middle" > 2 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 2.050 </td><td width="7%" align="right" valign="middle" > 136 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Asia Pty. Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >Sydney, Australia</td><td width="6%" colspan="1" align="left" valign="middle" >AUD</td><td width="6%" align="right" valign="middle" > 1.000 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 6.206 </td><td width="7%" align="right" valign="middle" > 1.813 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp Benelux SA/NV</td><td width="6%" colspan="1" align="left" valign="middle" >Brussels, Belgium</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 62 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 151 </td><td width="7%" align="right" valign="middle" > 2.699 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SCIM SDN. BHD.*</td><td width="18%" colspan="3" align="left" valign="middle" >Malaysia</td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SC Mexico â Delivery Center, S. de R.L.*</td><td width="6%" colspan="1" align="left" valign="middle" >Mexico, Mexico</td><td width="6%" colspan="1" align="left" valign="middle" >MXN</td><td width="6%" align="right" valign="middle" > 2 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >SimCorp TalentCo ApS*</td><td width="6%" colspan="1" align="left" valign="middle" >Copenhagen, Denmark</td><td width="6%" colspan="1" align="left" valign="middle" >DKK</td><td width="6%" align="right" valign="middle" > 40 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" ></td><td width="7%" ></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma Inc.</td><td width="6%" colspan="1" align="left" valign="middle" >New York, United States</td><td width="6%" colspan="1" align="left" valign="middle" >USD</td><td width="6%" align="right" valign="middle" > 109.255 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" >- 11.146 </td><td width="7%" align="right" valign="middle" >- 8.462 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >Sydney, Australia</td><td width="6%" colspan="1" align="left" valign="middle" >AUD</td><td width="6%" align="right" valign="middle" >0</td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" >- 1.443 </td><td width="7%" align="right" valign="middle" > 106 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma Argentina S.A.Ul</td><td width="6%" colspan="1" align="left" valign="middle" >Buenos Aires, Argentina</td><td width="6%" colspan="1" align="left" valign="middle" >ARS</td><td width="6%" align="right" valign="middle" > 100 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 31.947 </td><td width="7%" align="right" valign="middle" > 348.143 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma Asia Pte, Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >Singapore, Singapore</td><td width="6%" colspan="1" align="left" valign="middle" >SGD</td><td width="6%" align="right" valign="middle" > 50 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 995 </td><td width="7%" align="right" valign="middle" > 138 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma S.A.S.U.</td><td width="6%" colspan="1" align="left" valign="middle" >Paris, France</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 20 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 591 </td><td width="7%" align="right" valign="middle" > 105 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma (HK) Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >Hong Kong, Hong Kong</td><td width="6%" colspan="1" align="left" valign="middle" >HKD</td><td width="6%" align="right" valign="middle" >0</td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 15.006 </td><td width="7%" align="right" valign="middle" > 5.446 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma (CH) GmbH</td><td width="6%" colspan="1" align="left" valign="middle" >Geneva, Switzerland</td><td width="6%" colspan="1" align="left" valign="middle" >CHF</td><td width="6%" align="right" valign="middle" > 20 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 618 </td><td width="7%" align="right" valign="middle" > 154 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma Deutschland GmbH</td><td width="6%" colspan="1" align="left" valign="middle" >Frankfurt/Main, Germany</td><td width="6%" colspan="1" align="left" valign="middle" >EUR</td><td width="6%" align="right" valign="middle" > 25 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 186 </td><td width="7%" align="right" valign="middle" > 19 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma Japan G.K.</td><td width="6%" colspan="1" align="left" valign="middle" >Tokyo, Japan</td><td width="6%" colspan="1" align="left" valign="middle" >JPY</td><td width="6%" align="right" valign="middle" > 10.000 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 9.527 </td><td width="7%" align="right" valign="middle" > 300 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Axioma (UK) Ltd.</td><td width="6%" colspan="1" align="left" valign="middle" >London, United Kingdom</td><td width="6%" colspan="1" align="left" valign="middle" >GBP</td><td width="6%" align="right" valign="middle" > 11 </td><td width="6%" align="right" valign="middle" >100%</td><td width="6%" align="right" valign="middle" > 4.558 </td><td width="7%" align="right" valign="middle" > 956 </td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >As Annual Report 2024 for subsidiaries are not finalized, equity and net results are presented in 2023 figures.</td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >*No accounts prepared for 2023. Entity was registered in November 2024</td></tr><tr><td colspan="8"></td></tr><tr><td width="2%" ></td><td width="98%" colspan="7" align="left" valign="middle" >Investments in associates are specified as follows</td></tr><tr><td width="2%" ></td><td width="61%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Equity</b></td><td width="7%" colspan="1" align="left" valign="middle" ><b>Net result</b></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" ><b>Name</b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Registered office</b></td><td width="6%" colspan="1" align="center" valign="middle" ><b>Share capital</b></td><td width="6%" colspan="1" align="center" valign="middle" ><b></b></td><td width="6%" colspan="1" align="left" valign="middle" ><b>Ownership</b></td><td width="6%" align="right" valign="middle" ><b>2023</b></td><td width="7%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Dyalog Ltd</td><td width="6%" colspan="1" align="left" valign="middle" >Newport pagnell, UK</td><td width="6%" colspan="1" align="left" valign="middle" >GBP</td><td width="6%" align="right" valign="middle" >68</td><td width="6%" align="right" valign="middle" >24,78%</td><td width="6%" align="right" valign="middle" > 2.220 </td><td width="7%" align="right" valign="middle" > 379 </td></tr><tr><td width="2%" ></td><td width="61%" colspan="1" align="left" valign="middle" >Opus Nebula Ltd</td><td width="6%" colspan="1" align="left" valign="middle" >Berkhamsted, UK</td><td width="6%" colspan="1" align="left" valign="middle" >GBP</td><td width="6%" align="right" valign="middle" >10</td><td width="6%" align="right" valign="middle" >24,99%</td><td width="6%" align="right" valign="middle" > 476 </td><td width="7%" align="right" valign="middle" > 44 </td></tr><tr><td colspan="8"></td></tr></table></fsa:DisclosureOfInvestments>
<fsa:DisclosureOfReceivables contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="2%" align="right" valign="middle" ><b>12</b></td><td width="98%" colspan="6" align="left" valign="middle" ><b>Contract balances</b></td></tr><tr><td width="2%" ></td><td width="64%" align="right" valign="middle" >2024</td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="10%" ></td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Changes in contract assets</td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Invoiced from</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="10%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Opening</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>opening</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="10%" colspan="1" align="right" valign="middle" ><b>Closing</b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>balance</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Net additions</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>balance</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Adjustments1</b></td><td width="10%" colspan="1" align="right" valign="middle" ><b>balance</b></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Contract assets (gross)</td><td width="6%" align="right" valign="middle" > 45.422 </td><td width="6%" align="right" valign="middle" > 17.575 </td><td width="6%" align="right" valign="middle" >- 9.572 </td><td width="6%" align="right" valign="middle" >- 28 </td><td width="10%" align="right" valign="middle" > 53.397 </td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Loss allowance</td><td width="6%" align="right" valign="middle" >- 62 </td><td width="6%" align="right" valign="middle" >- 31 </td><td width="6%" align="right" valign="middle" > - </td><td width="6%" align="right" valign="middle" > - </td><td width="10%" align="right" valign="middle" >- 93 </td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >Contract assets (NPV)</td><td width="6%" align="right" valign="middle" > 45.360 </td><td width="6%" align="right" valign="middle" > 17.544 </td><td width="6%" align="right" valign="middle" >- 9.572 </td><td width="6%" align="right" valign="middle" >- 28 </td><td width="10%" align="right" valign="middle" > 53.304 </td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >1 Adjustments include: reclassifications, foreign exchange adjustments, cumulative catch-up adjustments (including those arising from change in</td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >measurement of progress, change in estimate of transaction price and contract modifications), change in time frame for a right to consideration to become</td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >unconditional or for a performance obligation to be satisfied.</td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="64%" align="right" valign="middle" >2024</td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="10%" ></td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Changes in contract liabilities</td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Revenue</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="10%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" ></td><td width="6%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>recognized</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="10%" colspan="1" align="right" valign="middle" ><b></b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Opening</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>from opening</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b></b></td><td width="10%" colspan="1" align="right" valign="middle" ><b>Closing</b></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" colspan="1" align="right" valign="middle" ><b>balance</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Net additions</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>balance</b></td><td width="6%" colspan="1" align="right" valign="middle" ><b>Adjustments</b></td><td width="10%" colspan="1" align="right" valign="middle" ><b>balance</b></td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Contract liabilities</td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >(prepayments from clients)</td><td width="6%" align="right" valign="middle" > 2.551 </td><td width="6%" align="right" valign="middle" > 1.943 </td><td width="6%" align="right" valign="middle" >- 2.300 </td><td width="6%" align="right" valign="middle" > 20 </td><td width="10%" align="right" valign="middle" > 2.214 </td></tr><tr><td width="2%" ></td><td width="98%" colspan="6" align="left" valign="middle" >Remaining performance obligations at 31.12.2024</td></tr><tr><td colspan="7"></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >With one year</td><td width="6%" align="right" valign="middle" > 27.354 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="10%" ></td></tr><tr><td width="2%" ></td><td width="64%" colspan="1" align="left" valign="middle" >After one year</td><td width="6%" align="right" valign="middle" > 83.518 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="10%" ></td></tr><tr><td width="2%" ></td><td width="64%" ></td><td width="6%" align="right" valign="middle" > 110.872 </td><td width="6%" ></td><td width="6%" ></td><td width="6%" ></td><td width="10%" ></td></tr><tr><td colspan="7"></td></tr></table></fsa:DisclosureOfReceivables>
<fsa:ExplanationOfPrepayments contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>13</b></td><td width="97%" colspan="1" align="left" valign="middle" ><b>Prepayments</b></td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Prepayments primarily consist of amounts prepaid to suppliers of services.</td></tr><tr><td colspan="2"></td></tr></table></fsa:ExplanationOfPrepayments>
<fsa:DisclosureOfEquity contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>14</b></td><td width="97%" colspan="1" align="left" valign="middle" ><b>Equity</b></td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >The share capital consists of 40,500,000 shares of a nominal value of DKK 1.</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >No shares carry any special rights.</td></tr><tr><td colspan="2"></td></tr></table></fsa:DisclosureOfEquity>
<fsa:DisclosureOfProvisionsForDeferredTax contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>15</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Provision for deferred tax</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Intangible assets</td><td width="8%" align="right" valign="middle" >- 14.770 </td><td width="9%" align="right" valign="middle" >- 2.750 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Property, plant and equipment</td><td width="8%" align="right" valign="middle" >- 2.901 </td><td width="9%" align="right" valign="middle" >- 3.589 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Contract assets</td><td width="8%" align="right" valign="middle" >- 51.412 </td><td width="9%" align="right" valign="middle" >- 52.791 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Lease liabilities</td><td width="8%" align="right" valign="middle" > 3.118 </td><td width="9%" align="right" valign="middle" > 3.908 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Liabilities</td><td width="8%" align="right" valign="middle" >- 3 </td><td width="9%" align="right" valign="middle" > 4.391 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Provisions</td><td width="8%" align="right" valign="middle" > 622 </td><td width="9%" align="right" valign="middle" >- 240 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Incentive programs</td><td width="8%" align="right" valign="middle" > 6.350 </td><td width="9%" align="right" valign="middle" > 3.258 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" >- 58.996 </td><td width="9%" align="right" valign="middle" >- 47.813 </td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="3" align="left" valign="middle" >Deferred tax is allocated 22% corresponding to the applicable tax rate.</td></tr><tr><td colspan="4"></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Provision for deferred tax January 1</td><td width="8%" align="right" valign="middle" >- 47.813 </td><td width="9%" align="right" valign="middle" >- 36.763 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Deferred tax recognized in the income statement</td><td width="8%" align="right" valign="middle" >- 11.792 </td><td width="9%" align="right" valign="middle" >- 13.055 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Deferred tax recognized in the equity</td><td width="8%" align="right" valign="middle" > - </td><td width="9%" align="right" valign="middle" > - </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Foreign exchange adjustments</td><td width="8%" align="right" valign="middle" > 29 </td><td width="9%" align="right" valign="middle" > 80 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Prior-year adjustments</td><td width="8%" align="right" valign="middle" > 580 </td><td width="9%" align="right" valign="middle" > 1.925 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" >- 58.996 </td><td width="9%" align="right" valign="middle" >- 47.813 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfProvisionsForDeferredTax>
<fsa:DisclosureOfOtherProvisions contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>16</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Other provisions</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Incentive programs</td><td width="8%" align="right" valign="middle" > 18.633 </td><td width="9%" align="right" valign="middle" > 15.617 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Re-establishment costs for rented premises</td><td width="8%" align="right" valign="middle" > 755 </td><td width="9%" align="right" valign="middle" > 748 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Anniversary bonus</td><td width="8%" align="right" valign="middle" > 1.665 </td><td width="9%" align="right" valign="middle" > 1.586 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 21.053 </td><td width="9%" align="right" valign="middle" > 17.951 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfOtherProvisions>
<fsa:DisclosureOfLiabilitiesUnderLeases contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>17</b></td><td width="97%" colspan="3" align="left" valign="middle" ><b>Lease liability</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" ><b>EUR thousand</b></td><td width="8%" align="right" valign="middle" ><b>2024</b></td><td width="9%" align="right" valign="middle" ><b>2023</b></td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Payable after 5 years</td><td width="8%" align="right" valign="middle" > - </td><td width="9%" align="right" valign="middle" > 1.087 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Payable within 1 to 5 years</td><td width="8%" align="right" valign="middle" > 10.773 </td><td width="9%" align="right" valign="middle" > 12.978 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Long-term part</td><td width="8%" align="right" valign="middle" > 10.773 </td><td width="9%" align="right" valign="middle" > 14.065 </td></tr><tr><td width="3%" ></td><td width="80%" colspan="1" align="left" valign="middle" >Payable within 1 year</td><td width="8%" align="right" valign="middle" > 3.719 </td><td width="9%" align="right" valign="middle" > 3.697 </td></tr><tr><td width="3%" ></td><td width="80%" ></td><td width="8%" align="right" valign="middle" > 14.492 </td><td width="9%" align="right" valign="middle" > 17.762 </td></tr><tr><td colspan="4"></td></tr></table></fsa:DisclosureOfLiabilitiesUnderLeases>
<fsa:DisclosureOfContingentLiabilities contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>18</b></td><td width="97%" colspan="1" align="left" valign="middle" ><b>Contingent liabilities and other obligations</b></td></tr><tr><td colspan="2"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >SimCorp A/S has issued guarantees for its subsidiariesâ delivery commitments to clients for</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >a total of EUR 60.0 million (2023: EUR 44.0 million).</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >SimCorp A/S has provided guarantees for credit facilities totaling EUR 0.2 million (2023</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >EUR 6.1 million) to certain subsidiaries.</td></tr><tr><td colspan="2"></td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Bank guarantees have been provided for rent commitments in Australia and Germany</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >totaling EUR 1.0 million (2023: EUR 1.0 million).</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >SimCorp A/S has financial commitments with suppliers for EUR 600.0 million (2023</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >EUR 38.0 million) mainly related to infrastructure services for cloud solutions.</td></tr><tr><td colspan="2"></td></tr></table></fsa:DisclosureOfContingentLiabilities>
<fsa:DisclosureOfRelatedParties contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>19</b></td><td width="97%" colspan="1" align="left" valign="middle" ><b>Related parties</b></td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Transaction</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >The Company has chosen only to disclose transactions which have not been made on an</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >arm's length basis in accordance with section 98(c)(6) of the Danish Financial Statements</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Act. There are no transactions that are not on arm's length basis.</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Consolidated Financial Statements</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >The Company is included in the Group Annual Report of the Parent Company</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Name: Deutsche Börse Aktiengesellschaft</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Place of registered office: Mergenthaleralle 61, 65760 Eschborn, Germany</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >The Group Annual Report can be obtained at the following address</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Deutsche Börse Aktiengesellschaft</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Mergenthaleralle 61</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >65760 Eschborn</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >Germany</td></tr><tr><td colspan="2"></td></tr></table></fsa:DisclosureOfRelatedParties>
<fsa:DisclosureOfSignificantEventsOccurringAfterEndOfReportingPeriod contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="20">Alle beløb er angivet i 'x1000'</td></tr><tr><td width="3%" align="right" valign="middle" ><b>20</b></td><td width="97%" colspan="1" align="left" valign="middle" ><b>Subsequent events</b></td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >No events materially affecting the assessment of the Annual Report occurred after the</td></tr><tr><td width="3%" ></td><td width="97%" colspan="1" align="left" valign="middle" >balance sheet date.</td></tr></table></fsa:DisclosureOfSignificantEventsOccurringAfterEndOfReportingPeriod>
<fsa:ClassOfReportingEntity contextRef="ctx1">Regnskabsklasse C, stor virksomhed</fsa:ClassOfReportingEntity>
<fsa:DisclosureOfAccountingPolicies contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Accounting policies</td></tr><tr><td colspan="1">General</td></tr><tr><td colspan="1">The annual report for SimCorp A/S has been prepared in accordance with the Danish</td></tr><tr><td colspan="1">Financial Statements Act regulations concerning reporting class C enterprises (large</td></tr><tr><td colspan="1">enterprises).</td></tr><tr><td colspan="1">Presentation currency</td></tr><tr><td colspan="1">The Financial Statements are presented in EUR, rounded to the nearest EUR 1,000.</td></tr><tr><td colspan="1">Deviations may therefore occur between the stated totals and the sum of the underlying</td></tr><tr><td colspan="1">figures.</td></tr><tr><td colspan="1">The functional currency of the Company is DKK.</td></tr></table></fsa:DisclosureOfAccountingPolicies>
<fsa:ExplanationOfNotDisclosingCashFlowsStatements contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Omission of a cash flow statement</td></tr><tr><td colspan="1">Pursuant to section 86 (4) of the Danish Financial Statements Act, no statement of cash</td></tr><tr><td colspan="1">flows for the enterprise has been prepared, as the relevant information is included in the</td></tr><tr><td colspan="1">Group Annual Report of Deutsche Börse Group.</td></tr></table></fsa:ExplanationOfNotDisclosingCashFlowsStatements>
<fsa:InformationOnOmissionOfConsolidatedFinancialStatement contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Omission of a Consolidated Financial Statements</td></tr><tr><td colspan="1">Pursuant to section 112(1) of the Danish Financial Statements Act, no Consolidated</td></tr><tr><td colspan="1">Financial Statements have been prepared. Simcorp A/S and group entities are included in</td></tr><tr><td colspan="1">the Group Annual Report of Deutsche Börse Group.</td></tr></table></fsa:InformationOnOmissionOfConsolidatedFinancialStatement>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisIncludingBasesUsedForRevaluationsDepreciationAmortisationEstimatedResidualValueUsefulLifeWritedownsUpwardAndDownwardAdjustments contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Omission of audit remuneration</td></tr><tr><td colspan="1">In accordance with section 96(3) of the Danish Financial Statements Act, fees paid to the</td></tr><tr><td colspan="1">auditors appointed at the annual general meeting have been omitted as it is included in the</td></tr><tr><td colspan="1">Group Annual Report of Deutsche Börse Group.</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Recognition and measurement in general</td></tr><tr><td colspan="1">Revenues are recognized in the income statement as earned. Furthermore, value</td></tr><tr><td colspan="1">adjustments of financial assets and liabilities measured at fair value or amortized cost are</td></tr><tr><td colspan="1">recognized. Moreover, all expenses incurred to achieve the earnings for the year are</td></tr><tr><td colspan="1">recognized in the income statement, including depreciation, amortization, impairment losses</td></tr><tr><td colspan="1">and provisions as well as reversals due to changed accounting estimates of amounts that</td></tr><tr><td colspan="1">have previously been recognized in the income statement.</td></tr><tr><td colspan="1">Assets are recognized in the statement of financial position when it is probable that future</td></tr><tr><td colspan="1">economic benefits will flow to the Company and the value of the asset can be reliably</td></tr><tr><td colspan="1">measured.</td></tr><tr><td colspan="1">Liabilities are recognized in the statement of financial position when it is probable that future</td></tr><tr><td colspan="1">economic benefits will flow out of the Company and the value of the liability can be reliably</td></tr><tr><td colspan="1">measured.</td></tr><tr><td colspan="1">Assets and liabilities are initially measured at cost. Subsequently, assets and liabilities are</td></tr><tr><td colspan="1">measures as described for each item below.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisIncludingBasesUsedForRevaluationsDepreciationAmortisationEstimatedResidualValueUsefulLifeWritedownsUpwardAndDownwardAdjustments>
<fsa:DescriptionOfMethodsOfTranslationOfForeignCurrencies contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Foreign currency translation</td></tr><tr><td colspan="1">Transactions in foreign currency are translated by using the exchange rate prevailing at the</td></tr><tr><td colspan="1">date of the transaction. Differences in the rate of exchange arising between the rate at the</td></tr><tr><td colspan="1">date of transaction and the rate at the date of payment are recognized in the profit and loss</td></tr><tr><td colspan="1">account as an item under financial income or financial expenses.</td></tr><tr><td colspan="1">Receivables, payables, and other foreign currency monetary items that have not been</td></tr><tr><td colspan="1">settled at the balance sheet date are translated at the exchange rates at the balance sheet</td></tr><tr><td colspan="1">date. The difference between the closing rate and the rate at the time of the occurrence or</td></tr><tr><td colspan="1">initial recognition in the latest Financial Statements of the receivable or payable is</td></tr><tr><td colspan="1">recognized in the income statement under financial income and expenses.</td></tr><tr><td colspan="1">Fixed assets acquired and paid for in foreign currency are measured at the exchange rate at</td></tr><tr><td colspan="1">the date of the transaction.</td></tr><tr><td colspan="1">Foreign exchange adjustments of intra- group accounts are recognized in the income</td></tr><tr><td colspan="1">statement in SimCorp A/Sâ Financial Statements. Foreign exchange adjustments of intra-</td></tr><tr><td colspan="1">group accounts between SimCorp A/S and subsidiaries are considered part of the net</td></tr><tr><td colspan="1">investment in the subsidiaries concerned. Settlement of intra-group balances considered</td></tr><tr><td colspan="1">part of the net investment are not, per se, considered a partial divestment of a subsidiary.</td></tr></table></fsa:DescriptionOfMethodsOfTranslationOfForeignCurrencies>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIncomeStatementItems contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Income statement</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIncomeStatementItems>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfRevenue contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="5">Revenue</td></tr><tr><td colspan="5">The Company has applied IFRS 15 as its basis of interpretation for the recognition of</td></tr><tr><td colspan="5">revenue.</td></tr><tr><td colspan="5">Contract Identification</td></tr><tr><td colspan="5">Contracts can include several components, in this situation, the total contract consideration</td></tr><tr><td colspan="5">is allocated to the separate performance obligations for the purpose of revenue recognition.</td></tr><tr><td colspan="5">Separate contracts with the same client are treated as one contract if entered into at or near</td></tr><tr><td colspan="5">the same time and economically interrelated. Contracts closed more than 6 months apart are</td></tr><tr><td colspan="5">not considered to be entered at the same time.</td></tr><tr><td colspan="5">In determining whether the various contracts are interrelated judgment is required.</td></tr><tr><td colspan="5">Considerations include: whether the contracts were negotiated as a package with a single</td></tr><tr><td colspan="5">commercial objective, whether the amount of consideration on one contract is dependent on</td></tr><tr><td colspan="5">the performance of another contract, or if some or all offerings in the contract are a single</td></tr><tr><td colspan="5">performance obligation.</td></tr><tr><td colspan="5">Additional agreements with existing clients can be a new contract or a modification to</td></tr><tr><td colspan="5">existing contracts. Judgments making this determination consider: the presence of a</td></tr><tr><td colspan="5">connection between the new agreement and pre-existing contracts, whether subscription</td></tr><tr><td colspan="5">fees, license fees, software updates and support fees or services under the new agreement</td></tr><tr><td colspan="5">are highly interrelated with the subscription fees, license fees and software updates and</td></tr><tr><td colspan="5">support fees or services sold under prior agreements, and how the subscription fees, license</td></tr><tr><td colspan="5">fees and software updates and support fees or services under the new agreement are</td></tr><tr><td colspan="5">priced. Conversion of a perpetual license agreement to a subscription-based license</td></tr><tr><td colspan="5">agreement is accounted for as a termination of the perpetual license agreement and a new</td></tr><tr><td colspan="5">subscription license agreement.</td></tr><tr><td colspan="5">Performance obligation identification</td></tr><tr><td colspan="5">Contracts often include several components. License fees from new clients and to existing</td></tr><tr><td colspan="5">clients, software updates and support fees, fees from platform as a service, and fees from</td></tr><tr><td colspan="5">Client Reporting Services, Digital Portal Services, Investment Accounting Services (IAS),</td></tr><tr><td colspan="5">Investment Operational Services (IOS), Data Management Services, Regulatory Reporting</td></tr><tr><td colspan="5">Platform Services (RRP), and other services, and furthermore licenses and services fees</td></tr><tr><td colspan="5">from the partner ecosystem and fees from implementation and onboarding services</td></tr><tr><td colspan="5">constitute the main performance obligations. The fees allocated to the different performance</td></tr><tr><td colspan="5">obligations are recognized separately.</td></tr><tr><td colspan="5">The only performance obligation related to license agreements has been identified as the</td></tr><tr><td colspan="5">right to use the software. The right to use software license is considered a separate</td></tr><tr><td colspan="5">performance obligation when it satisfies the following conditions: can be delivered separately</td></tr><tr><td colspan="5">from other services, can be installed by a third party, can be used without upgrades, and is</td></tr><tr><td colspan="5">functional without upgrades or technical support.</td></tr><tr><td colspan="5">Judgment is required in determining whether a component is considered a separate</td></tr><tr><td colspan="5">performance obligation, in particular, professional services for implementation and</td></tr><tr><td colspan="5">onboarding activities. Consideration is given as to whether the services significantly</td></tr><tr><td colspan="5">integrate, customize, or modify the software or platform as a service offering. In general,</td></tr><tr><td colspan="5">implementation services and onboarding activities go beyond setup and qualify as a</td></tr><tr><td colspan="5">separate performance obligation. Options to acquire additional components such as</td></tr><tr><td colspan="5">renewals or additional volumes require judgment in determining whether such options</td></tr><tr><td colspan="5">provide a material right to the client which the client would not receive without entering into</td></tr><tr><td colspan="5">that contract. In this judgment it is considered whether the options entitle the customer to a</td></tr><tr><td colspan="5">discount that exceeds the discount granted for the respective subscription fees, license fees,</td></tr><tr><td colspan="5">software updates and support fees sold with the option.</td></tr><tr><td colspan="5">Transaction price</td></tr><tr><td colspan="5">Estimate is applied in determining the amount to which SimCorp expects to be entitled in</td></tr><tr><td colspan="5">exchange for transferring licenses, and software updates and support and services to a</td></tr><tr><td colspan="5">customer.</td></tr><tr><td colspan="5">The consideration attributable to license fees in subscription-based agreements are</td></tr><tr><td colspan="5">discounted to net present value when the value of the financing element is deemed</td></tr><tr><td colspan="5">significant. If the period between licenses transfer, software updates and support and</td></tr><tr><td colspan="5">payment from the clients is a year or less no financing component is recognized.</td></tr><tr><td colspan="5">A hierarchy has been established to identify the standalone selling prices used to allocate</td></tr><tr><td colspan="5">the transaction price of a customer contract to the performance obligations in the contract.</td></tr><tr><td colspan="5">Where standalone selling prices for a performance obligation are observable and reasonably</td></tr><tr><td colspan="5">consistent across customers, estimates are derived from SimCorpâs pricing history. Using</td></tr><tr><td colspan="5">this approach, professional services stand-alone value is determined based on the hourly</td></tr><tr><td colspan="5">billing rate for the relevant market unit. Platform as a service is assumed to be quoted to the</td></tr><tr><td colspan="5">client at their stand-alone value if it is equal to or above costs.</td></tr><tr><td colspan="5">Apportionment applied</td></tr><tr><td /><td>Dimension</td><td>Coric</td><td>Gain</td><td>Sofia</td></tr><tr><td>License</td><td>50%</td><td>75%</td><td>50%</td><td>33,33%</td></tr><tr><td>Software updates and support</td><td>50%</td><td>25%</td><td>50%</td><td>33,33%</td></tr><tr><td>Service</td><td>Sold separate</td><td>Sold separate</td><td>Sold separate</td><td>33,34%</td></tr><tr><td>Total apportionment</td><td>100%</td><td>100%</td><td>100%</td><td>100%</td></tr><tr><td colspan="5">Where sales prices are not directly observable or are highly variable across customers,</td></tr><tr><td colspan="5">estimation techniques are applied, such as a cost-plus-margin approach. This approach is</td></tr><tr><td colspan="5">often applied to third party products.</td></tr><tr><td colspan="5">If not renewable, with highly variable pricing, and no substantial direct costs to estimate</td></tr><tr><td colspan="5">based on a cost-plus margin approach, allocation is achieved by applying a residual</td></tr><tr><td colspan="5">approach. We use this technique in particular for license and software updates and support.</td></tr><tr><td colspan="5">Once the standalone price for other components is estimated, an apportionment is applied to</td></tr><tr><td colspan="5">allocate the price between license and software updates and support after deducting other</td></tr><tr><td colspan="5">performance obligations from the total consideration as follows.</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Revenue recognition</td></tr><tr><td colspan="1">Revenue recognition requires an agreement with the client which creates enforceable rights</td></tr><tr><td colspan="1">and obligations between the parties, has commercial substance, and identifies payment</td></tr><tr><td colspan="1">terms. In addition, it must be probable that the consideration determined in the contract will</td></tr><tr><td colspan="1">be collected.</td></tr><tr><td colspan="1">Revenue is recognized when the client has obtained control of the license or service and has</td></tr><tr><td colspan="1">the ability to use and obtain substantially all the benefits from the license or service.</td></tr><tr><td colspan="1">SimCorp has therefore assessed that the client obtains control of the license when all the</td></tr><tr><td colspan="1">following criteria are met: a binding contract is entered into; the license is delivered; and the</td></tr><tr><td colspan="1">client has the right to use it. License revenue is therefore generally recognized at that point-</td></tr><tr><td colspan="1">in-time.</td></tr><tr><td colspan="1">When the contract contains functionality gaps or requires client acceptance of functionality,</td></tr><tr><td colspan="1">the revenue recognition will be deferred until the time of delivery or acceptance.</td></tr><tr><td colspan="1">Revenue from software updates and support agreements is recognized on a straight-line</td></tr><tr><td colspan="1">basis over the contract period.</td></tr><tr><td colspan="1">Client-driven development entails direct cooperation between SimCorpâs development team</td></tr><tr><td colspan="1">and the client for a client- defined software. Such agreements are individually evaluated to</td></tr><tr><td colspan="1">determine if revenue is recognized at a point in time or over time.</td></tr><tr><td colspan="1">SaaS covering infrastructure services, operating services, Digital Portal services, Investment</td></tr><tr><td colspan="1">Accounting Services (IAS), Investment Operational Services (IOS), Data Management</td></tr><tr><td colspan="1">Services and Regulatory Reporting Platform Services (RRP) are revenue recognized over</td></tr><tr><td colspan="1">the term of the service.</td></tr><tr><td colspan="1">Professional services fees are recognized based on work performed for time and material</td></tr><tr><td colspan="1">contracts. Fixed fee agreements are recognized based on percentage of share of completion</td></tr><tr><td colspan="1">unless client acceptance is required.</td></tr><tr><td colspan="1">The percentage-of-completion method requires estimation of total revenue and the stage of</td></tr><tr><td colspan="1">completion. The assumptions, estimates, and uncertainties inherent in determining the stage</td></tr><tr><td colspan="1">of completion affect the timing and amounts of revenue recognized.</td></tr><tr><td colspan="1">Changes in estimates of progress towards completion and of contract revenue and costs are</td></tr><tr><td colspan="1">accounted for as cumulative catch-up adjustments to the reported revenue for the applicable</td></tr><tr><td colspan="1">contract.</td></tr><tr><td colspan="1">Revenue is measured at the consideration received and is recognized exclusive of VAT and</td></tr><tr><td colspan="1">net of discounts related to sales.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfRevenue>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingIncomeAndExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Other operating income</td></tr><tr><td colspan="1">Other operating income comprises income of a secondary nature relative to the activities of</td></tr><tr><td colspan="1">the Company, including gains on the sale of intangible assets and property, plant, and</td></tr><tr><td colspan="1">equipment and income from subsidiaries for delivered services.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingIncomeAndExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfCostOfSales contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Cost of sales</td></tr><tr><td colspan="1">Cost of sales comprises services purchased from subsidiaries. The services purchased are</td></tr><tr><td colspan="1">related to product development projects, client services and other services which are</td></tr><tr><td colspan="1">provided to clients.</td></tr><tr><td colspan="1">Costs are recognized in the income statement when the service is delivered.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfCostOfSales>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfExternalExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Other External expenses</td></tr><tr><td colspan="1">Other external expenses comprise indirect production costs, expenses for premises, sales,</td></tr><tr><td colspan="1">distribution IT cost, other external consultants, and office expenses.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfExternalExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfEmployeeBenefitExpense contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Staff expenses</td></tr><tr><td colspan="1">Staff expenses comprise salaries, wages, bonuses, social security and share-based</td></tr><tr><td colspan="1">payment. Staff expenses are recognized as expenses in the income statement in the period</td></tr><tr><td colspan="1">in which the related services are rendered by employees. They are measured at the</td></tr><tr><td colspan="1">amounts payable to employees based on contractual agreements, employment terms, and</td></tr><tr><td colspan="1">applicable wage rates.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfEmployeeBenefitExpense>
<fsa:DescriptionOfMethodsOfImpairmentLossesAndDepreciation contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Depreciation and amortization</td></tr><tr><td colspan="1">The basis of depreciation is calculated with due consideration to estimated residual value</td></tr><tr><td colspan="1">after the end of useful life and any prior impairment write down. The estimated useful life and</td></tr><tr><td colspan="1">the residual value after the end of useful life of each asset is determined at the date of</td></tr><tr><td colspan="1">acquisition and reassessed annually. When the estimated residual value after the end of</td></tr><tr><td colspan="1">useful life value equals the carrying amount of the assets, the asset ceases to be</td></tr><tr><td colspan="1">depreciated. Any change in depreciation period or scrap value is recognized as a change in</td></tr><tr><td colspan="1">accounting estimates.</td></tr><tr><td colspan="1">Property, plant, and equipment are depreciated on a straight-line basis over the</td></tr><tr><td colspan="1">estimated useful lives of the assets, which are as follows</td></tr><tr><td colspan="1">ï· Leasehold over the lease term up to 10 years</td></tr><tr><td colspan="1">ï· Technical equipment up to 3 years</td></tr><tr><td colspan="1">ï· Other equipment, fixtures, and fittings up to 5 years</td></tr><tr><td colspan="1">Intangible assets are amortized on a straight-line basis over the estimated useful</td></tr><tr><td colspan="1">lives of the assets, which are as follows</td></tr><tr><td colspan="1">ï· Software up to 5 years</td></tr><tr><td colspan="1">ï· Completed development projects up to 5 years</td></tr></table></fsa:DescriptionOfMethodsOfImpairmentLossesAndDepreciation>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Other operating expenses</td></tr><tr><td colspan="1">Other operating costs comprise items of secondary nature as regards the principal activities</td></tr><tr><td colspan="1">of the enterprise, including losses on the disposal of intangible and tangible assets.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfOtherOperatingExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIncomeAndExpensesFromInvestmentsInGroupEnterprisesAndAssociates contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Income from investments in subsidiaries</td></tr><tr><td colspan="1">Income from investment in subsidiaries comprise dividends received from subsidiaries.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIncomeAndExpensesFromInvestmentsInGroupEnterprisesAndAssociates>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfFinanceIncomeAndExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Financial income and expenses</td></tr><tr><td colspan="1">Financial income and expenses are recognized in the income statement with the amounts</td></tr><tr><td colspan="1">concerning the financial year. Financial income and expenses comprise interest income and</td></tr><tr><td colspan="1">expenses, debt and transactions in foreign currency.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfFinanceIncomeAndExpenses>
<fsa:DescriptionOfOtherTaxExpenses contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Tax on the profit for the period</td></tr><tr><td colspan="1">Tax for the year comprises the current income tax for the year and changes in deferred tax</td></tr><tr><td colspan="1">and is recognized in the income statement with the share attributable to the net profit or loss</td></tr><tr><td colspan="1">for the year and directly in equity with the share attributable to entries directly in equity.</td></tr><tr><td colspan="1">The Company is subject to Danish rules on compulsory joint taxation of Danish group</td></tr><tr><td colspan="1">enterprises.</td></tr><tr><td colspan="1">The current Danish income tax is allocated among the jointly taxed companies proportional</td></tr><tr><td colspan="1">to their respective taxable income (full allocation with reimbursement of tax losses).</td></tr></table></fsa:DescriptionOfOtherTaxExpenses>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfAssetsAndLiabilities contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement of financial position</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfAssetsAndLiabilities>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIntangibleAssets contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Intangible assets</td></tr><tr><td colspan="1">Intangible assets with limited economic lives are measured at cost less accumulated</td></tr><tr><td colspan="1">amortization and impairment losses. Intangible assets are primarily capitalized development</td></tr><tr><td colspan="1">costs.</td></tr><tr><td colspan="1">Capitalized development costs comprise salaries plus overheads. Development costs</td></tr><tr><td colspan="1">comprise costs attributable to the Companyâs development functions, including salaries, and</td></tr><tr><td colspan="1">other employee costs and amortization.</td></tr><tr><td colspan="1">Amortization of capitalized development costs commences once the developed software is</td></tr><tr><td colspan="1">completed and available for use.</td></tr><tr><td colspan="1">SimCorp A/S has since April 2023 worked on identifying development projects. As of October</td></tr><tr><td colspan="1">1, 2023, it was deemed that costs meeting the requirement in IAS 38, paragraph 57 could be</td></tr><tr><td colspan="1">capitalized, as the costs meet the capitalization requirements.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfIntangibleAssets>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfPropertyPlantAndEquipment contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Property, plant, and equipment</td></tr><tr><td colspan="1">Property, plant, and equipment are measured at cost less accumulated depreciation and</td></tr><tr><td colspan="1">accumulated impairment losses.</td></tr><tr><td colspan="1">Cost comprises the cost of acquisition and expenses directly related to the acquisition up</td></tr><tr><td colspan="1">until the time when the asset is ready for use.</td></tr><tr><td colspan="1">Depreciation based on cost reduced by any residual value is calculated on a straight-line</td></tr><tr><td colspan="1">basis over the expected useful lives of the assets.</td></tr><tr><td colspan="1">The fixed assets residual values are determined at nil.</td></tr><tr><td colspan="1">Depreciation periods and residual value are reassessed annually.</td></tr><tr><td colspan="1">Technical equipment includes IT and other equipment owned. Other equipment includes</td></tr><tr><td colspan="1">owned fixtures and fittings.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfPropertyPlantAndEquipment>
<fsa:DescriptionOfMethodsOfLeases contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Leases</td></tr><tr><td colspan="1">The Company has applied IFRS 16 when measuring and recognizing leases.</td></tr><tr><td colspan="1">Leases are recognized at present value of the right of use received and liabilities for the</td></tr><tr><td colspan="1">payment obligations entered into for all leases in the balance sheet. Lease payments are</td></tr><tr><td colspan="1">discounted at the implicit interest rate underlying the lease to the extent that this can be</td></tr><tr><td colspan="1">determined. Otherwise, discounting is at the incremental borrowing rate.</td></tr><tr><td colspan="1">Right-of-use assets are measured at cost, which comprises the following</td></tr><tr><td colspan="1">⢠lease liability</td></tr><tr><td colspan="1">⢠lease payments made at or prior to delivery, less lease incentives received;</td></tr><tr><td colspan="1">⢠initial direct costs and</td></tr><tr><td colspan="1">⢠restoration obligations.</td></tr><tr><td colspan="1">Right-of-use assets are depreciated over the term of the lease using the straight-line</td></tr><tr><td colspan="1">method, normally a depreciation period corresponding to the lease period. The Company</td></tr><tr><td colspan="1">has used the relief options provided for leases of low-value assets and short-term leases</td></tr><tr><td colspan="1">(shorter than twelve months) and expense the payments in the income statement according</td></tr><tr><td colspan="1">to the straight-line method. Extension and termination options exist for a number of leases,</td></tr><tr><td colspan="1">particularly for real estate. Such contract terms offer the Company the greatest possible</td></tr><tr><td colspan="1">flexibility in doing business. In determining lease terms, all facts and circumstances offering</td></tr><tr><td colspan="1">economic incentives for exercising extension options or not exercising termination options</td></tr><tr><td colspan="1">are taken into account. Changes due to the exercise or non-exercise of such options are</td></tr><tr><td colspan="1">considered in determining the lease term only if they are sufficiently probable.</td></tr><tr><td colspan="1">The Company leases vehicles and equipment with lease terms of three to five years.</td></tr><tr><td colspan="1">Agreements might include options to purchase assets at the end of the contract term or</td></tr><tr><td colspan="1">guarantees in relation to the residual value of the leased asset at the end of the contract</td></tr><tr><td colspan="1">term. The use of vehicles and equipment is monitored and the estimated amount payable</td></tr><tr><td colspan="1">reassessed at the reporting date to remeasure lease liabilities and right-of-use assets.</td></tr><tr><td colspan="1">None of the Groupsâ right-of-use assets meet the definition of investment property.</td></tr><tr><td colspan="1">Extension and termination options are included in a number of property and equipment</td></tr><tr><td colspan="1">leases across the group. These are used to maximize operational flexibility in terms of</td></tr><tr><td colspan="1">managing the assets used in the Companyâs operations. The majority of extension and</td></tr><tr><td colspan="1">termination options held are exercisable only by the Company and not by the respective</td></tr><tr><td colspan="1">lessor. The Company assesses at the lease commencement date whether it is reasonably</td></tr><tr><td colspan="1">certain to exercise such options and reassesses if there is a significant event.</td></tr><tr><td colspan="1">Additionally, some leases provide for additional payments based on changes to local price</td></tr><tr><td colspan="1">indices, these amounts are generally determined annually.</td></tr><tr><td colspan="1">Payments associated with short-term leases and leases of low-value assets are recognized</td></tr><tr><td colspan="1">on a straight-line basis as an expense in the income statement. Short- term leases are</td></tr><tr><td colspan="1">leases with a term of 12 months or less. Low-value assets comprise IT-equipment and small</td></tr><tr><td colspan="1">items of office furniture.</td></tr></table></fsa:DescriptionOfMethodsOfLeases>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfReceivables contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Contract assets and contract liabilities</td></tr><tr><td colspan="1">Contract balances consist of client-related assets and liabilities.</td></tr><tr><td colspan="1">Contract assets relate to the Companyâs rights to consideration for software licensed to</td></tr><tr><td colspan="1">clients under subscription agreements with future payments when the right is conditional on</td></tr><tr><td colspan="1">SimCorpâs future performance.</td></tr><tr><td colspan="1">Contract liabilities represent mainly prepayments from clients for unsatisfied or partially</td></tr><tr><td colspan="1">satisfied performance obligations in relation to licenses, software updates and support, and</td></tr><tr><td colspan="1">services. Software updates and support and hosting billing generally occur at periodic</td></tr><tr><td colspan="1">intervals (e.g. quarterly or yearly) prior to revenue recognition, resulting in contract liabilities.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfReceivables>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisForInvestmentsInSubsidiariesAndAssociates contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Investment in associates and subsidiaries</td></tr><tr><td colspan="1">Investments in subsidiaries and associates are measured at costs.</td></tr><tr><td colspan="1">September 2024 SimCorp AS divested its investment on joint venture(ownership 20%),</td></tr><tr><td colspan="1">Artega Investment Administration Pty Limited in Australia to Challenger Limited. The</td></tr><tr><td colspan="1">commercial contracts with Challenger Limited are unchanged despite of the divestment.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisForInvestmentsInSubsidiariesAndAssociates>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfInvestments contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Financial assets</td></tr><tr><td colspan="1">Financial assets comprise other financial assets, deposits, receivables and cash and cash</td></tr><tr><td colspan="1">equivalents.</td></tr><tr><td colspan="1">Deposits are primarily related to leasing of offices. Security deposits which will not be</td></tr><tr><td colspan="1">returned within one year of the statement of financial position date are recognized as non-</td></tr><tr><td colspan="1">current assets. Commitments which require a deposit will initially be recorded to the deposit</td></tr><tr><td colspan="1">asset account. If the deposit is not recovered, it is charged to the income statement.</td></tr><tr><td colspan="1">Other financial assets comprise investments in shares of unlisted entities and are measured</td></tr><tr><td colspan="1">at cost.</td></tr><tr><td colspan="1">Receivables are measured in the balance sheet at the lower of amortized cost and net</td></tr><tr><td colspan="1">realizable value, which corresponds to nominal value less provisions for bad debt.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfInvestments>
<fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfLiabilitiesOtherThanProvisions contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Financial liabilities</td></tr><tr><td colspan="1">Financial liabilities comprise lease liabilities, borrowings, trade payables and other</td></tr><tr><td colspan="1">payables.</td></tr><tr><td colspan="1">Loans</td></tr><tr><td colspan="1">Loans, such as mortgage loans and loans from credit institutions, are recognized initially at</td></tr><tr><td colspan="1">the proceeds received net of transaction expenses incurred. Subsequently, the loans are</td></tr><tr><td colspan="1">measured at amortized cost; the difference between the proceeds and the nominal value is</td></tr><tr><td colspan="1">recognized as an interest expense in the income statement over the loan period.</td></tr><tr><td colspan="1">Trade payables and other payables</td></tr><tr><td colspan="1">Other payables include bonus and commission accruals, vacation pay obligations, payroll</td></tr><tr><td colspan="1">taxes and VAT. Other debt are measured at amortized cost, substantially corresponding to</td></tr><tr><td colspan="1">nominal value.</td></tr></table></fsa:DescriptionOfMethodsOfRecognitionAndMeasurementBasisOfLiabilitiesOtherThanProvisions>
<fsa:DescriptionOfMethodsOfCurrentTaxReceivablesAndLiabilities contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Current tax liabilities and receivables</td></tr><tr><td colspan="1">Current tax liabilities and receivables are recognized in the balance sheet as the expected</td></tr><tr><td colspan="1">taxable income for the year adjusted for tax on taxable incomes for prior years and tax paid</td></tr><tr><td colspan="1">on account.</td></tr><tr><td colspan="1">Extra payments and repayment under the on-account taxation scheme are recognized in the</td></tr><tr><td colspan="1">income statement in financial income and expenses.</td></tr></table></fsa:DescriptionOfMethodsOfCurrentTaxReceivablesAndLiabilities>
<fsa:DescriptionOfMethodsOfDividends contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Dividends</td></tr><tr><td colspan="1">The expected dividend payment for the year is disclosed as a separate item in equity.</td></tr><tr><td colspan="1">Proposed dividends are recognized as a liability at the date they are adopted by the annual</td></tr><tr><td colspan="1">general meeting (declaration date). There is no proposed dividends for year 2024.</td></tr><tr><td colspan="1">Reserve for development projects</td></tr><tr><td colspan="1">The reserve for development projects comprises capitalized development costs excluding</td></tr><tr><td colspan="1">tax. The reserve cannot be used to distribute dividends or cover losses. The reserve will be</td></tr><tr><td colspan="1">reduced or dissolved as the capitalized development costs are amortized or if they are no</td></tr><tr><td colspan="1">longer part of SimCorp A/Sâs operation by a transfer directly to distributable reserves under</td></tr><tr><td colspan="1">equity.</td></tr><tr><td colspan="1">Related party transactions</td></tr><tr><td colspan="1">Related parties exercising a significant influence comprise the Companyâs Board of Directors</td></tr><tr><td colspan="1">and Executive Management Board as well as relatives of these persons. Related parties</td></tr><tr><td colspan="1">also comprise companies in which the individuals mentioned above have material interests.</td></tr><tr><td colspan="1">Other related parties are considered to be subsidiaries and associated companies in which</td></tr><tr><td colspan="1">SimCorp A/S has a controlling or significant influence.</td></tr><tr><td colspan="1">All agreements relating to these transactions are based on market price.</td></tr></table></fsa:DescriptionOfMethodsOfDividends>
<mrv:DescriptionOfKeyFiguresAndFinancialRatios contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="2">Financial ratio definitions</td></tr><tr><td>Gross margin (%)</td><td>Gross profit / revenue x 100</td></tr><tr><td>Profit margin (%)</td><td>Operating profit / revenue x 100</td></tr><tr><td>Return on assets (%)</td><td>Operating profit / average total assets x 100</td></tr><tr><td>Solvency ratio (%)</td><td>Equity / total assets</td></tr><tr><td>Return on equity (%)</td><td>Net profit for the year / average equity x 100</td></tr><tr><td>Annual recurring revenue (ARR)</td><td>Annual recurring revenue is the total of the average monthly</td></tr><tr><td>(forward looking)</td><td>revenue of all contracts in force at a point in time multiplied by 12</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Financial highlights</td></tr></table></mrv:DescriptionOfKeyFiguresAndFinancialRatios>
<mrv:DescriptionOfEmployeeMatters contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Employees</td></tr></table></mrv:DescriptionOfEmployeeMatters>
<mrv:GrossMargin contextRef="ctx1" unitRef="pure" decimals="3">0.569</mrv:GrossMargin>
<mrv:OperatingMargin contextRef="ctx1" unitRef="pure" decimals="3">0.292</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx1" unitRef="pure" decimals="3">0.814</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx1" unitRef="pure" decimals="3">0.119</mrv:ReturnOnEquity>
<mrv:ManagementsReview contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Management's review</td></tr></table></mrv:ManagementsReview>
<mrv:DescriptionOfPrimaryActivitiesOfEntity contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Description of key activities of the Company</td></tr><tr><td colspan="1">The Companyâs purpose is to develop, market, sell, implement, and manage the operation of</td></tr><tr><td colspan="1">software and related services for businesses, institutions, and administrative organizations</td></tr><tr><td colspan="1">whose activities are within or related to the management of securities and/or other assets</td></tr><tr><td colspan="1">and related activities. The Companyâs purpose can be fulfilled either directly or through</td></tr><tr><td colspan="1">investments, including through shareholding in other companies.</td></tr></table></mrv:DescriptionOfPrimaryActivitiesOfEntity>
<mrv:DescriptionOfDevelopmentInActivitiesAndFinancialAffairs contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Development in the year and follow-up on development expectations from last year</td></tr><tr><td colspan="1">The revenue for the year totals EUR 332.4 million against EUR 301.4 million in 2023, which</td></tr><tr><td colspan="1">is 5% lower than expected.</td></tr><tr><td colspan="1">For 2024 the Company achieved an Operating profit margin of 28%. This is 12%-points</td></tr><tr><td colspan="1">higher than the expectations presented in Annual Report for 2023 of 16%. The margin</td></tr><tr><td colspan="1">improvement is derived from an increase in revenue and lower costs than expected.</td></tr><tr><td colspan="1">SimCorp Group focus on organic ARR (Annual recurring revenue) (forward-looking) growth,</td></tr><tr><td colspan="1">cf. definition in financial ratio. SimCorp A/S delivered a growth of 15% on ARR in 2024 with</td></tr><tr><td colspan="1">an increase of EUR 5.5 million totaling EUR 42.3 million at the end of 2024 against EUR</td></tr><tr><td colspan="1">36.8 million last year.</td></tr></table></mrv:DescriptionOfDevelopmentInActivitiesAndFinancialAffairs>
<mrv:EntitysExposureToPriceRiskCreditRiskLiquidityRiskAndCashFlowRisk contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Risks</td></tr><tr><td colspan="1">Due to the nature of its operations, investments, and financing, the Company is exposed to</td></tr><tr><td colspan="1">changes in exchange rates and interest rates.</td></tr><tr><td colspan="1">Currency risk</td></tr><tr><td colspan="1">SimCorpâs Group Finance department manages the Companyâs currency and financial</td></tr><tr><td colspan="1">exposures pursuant to the treasury policy approved by the Board of Directors, including</td></tr><tr><td colspan="1">keeping overall currency and financial exposure within defined limits.</td></tr><tr><td colspan="1">The Company trades with its subsidiaries in their functional currencies and is therefore also</td></tr><tr><td colspan="1">exposed to and impacted by currency fluctuations. Currency risks stemming from</td></tr><tr><td colspan="1">transactions with the Companyâs subsidiaries constitute the majority of the Company's</td></tr><tr><td colspan="1">transactions in foreign currency. Based on a cost-benefit analysis the Company does not</td></tr><tr><td colspan="1">apply any hedging or similar strategies to reduce the potential impact of currency exposure.</td></tr><tr><td colspan="1">Interest rate risk</td></tr><tr><td colspan="1">The Companyâs interest rate risks are generally related to its bank deposits and credit</td></tr><tr><td colspan="1">facilities.</td></tr><tr><td colspan="1">In January 2024, SimCorp entered a Credit Facility Agreement for EUR100.0 million with</td></tr><tr><td colspan="1">Deutsche Börse Group for supporting the Companyâs business operation after merger with</td></tr><tr><td colspan="1">Axioma in December 2023. The interest rate is based on 1-month EURIBOR and 1-month</td></tr><tr><td colspan="1">SOFR for EUR and USD respectively, plus margin 0.5%(EUR) and 0.65%(USD). The</td></tr><tr><td colspan="1">undrawn part of the Facility Amount is subjected to a commission fee of 0.24% p.a. Loan</td></tr><tr><td colspan="1">balance on December 31, 2024 is EUR 1.0 Million and USD 65.0 million.</td></tr><tr><td colspan="1">Deposits</td></tr><tr><td colspan="1">The Company has cash deposits of EUR 3.7 million on December 31, 2024 (2023: EUR 15.0</td></tr><tr><td colspan="1">million) carrying a variable rate of interest based on the money market rate. The effective</td></tr><tr><td colspan="1">rate of interest varies with the currency and, made up at the statement of financial position</td></tr><tr><td colspan="1">date, fluctuated between 0.26% and 5.45% in 2024 (2023: 1.5% and 5.25%) for significant</td></tr><tr><td colspan="1">cash deposits.</td></tr><tr><td colspan="1">Credit facilities/loans</td></tr><tr><td colspan="1">SimCorp has a committed credit facility to EUR 37.0 million which matures July 2025 with</td></tr><tr><td colspan="1">the opportunity to extend with one year, and a seasonal credit facility of EUR 33.6 million</td></tr><tr><td colspan="1">covering the period from March 15 to October 15, with same terms.</td></tr><tr><td colspan="1">On December 31, 2024, there was no draw on the credit facilities (2023: no draw on the</td></tr><tr><td colspan="1">credit facilities).</td></tr><tr><td colspan="1">Sensitivity</td></tr><tr><td colspan="1">Exposure to es from cash deposits and from draws on the credit facility and seasonal facility.</td></tr><tr><td colspan="1">If interest rates increased by one percentage point, it would have a positive impact of EUR</td></tr><tr><td colspan="1">0.3 million (2023: positive impact of EUR 0.2 million). A corresponding decrease in interest</td></tr><tr><td colspan="1">rates would have the opposite impact.</td></tr><tr><td colspan="1">Liquidity risk</td></tr><tr><td colspan="1">Group liquidity is managed by Group Treasury, with the objective of ensuring effective</td></tr><tr><td colspan="1">liquidity management by obtaining sufficient committed credit facilities to provide adequate</td></tr><tr><td colspan="1">financial resources. Cash reserve and expected cash flow for 2025 are considered adequate</td></tr><tr><td colspan="1">to meet the obligations of the Group as they fall due. Cash reserve comprises cash and cash</td></tr><tr><td colspan="1">equivalent and unutilized credit facilities. The Group aims to have sufficient cash reserves to</td></tr><tr><td colspan="1">allow it to continue to operate adequately in case of unforeseen fluctuations in cash.</td></tr><tr><td colspan="1">Credit risks</td></tr><tr><td colspan="1">The Company is not exposed to significant risks concerning individual clients or business</td></tr><tr><td colspan="1">partners as clients are generally major investment managers in the financial sector. Under</td></tr><tr><td colspan="1">the Companyâs policy for assuming credit risk, all major clients and other business partners</td></tr><tr><td colspan="1">are assessed prior to any contract being signed.</td></tr></table></mrv:EntitysExposureToPriceRiskCreditRiskLiquidityRiskAndCashFlowRisk>
<mrv:DescriptionOfResearchAndDevelopmentActivitiesInAndForReportingEntity contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Research and development activities</td></tr><tr><td colspan="1">The Company has capitalized development costs of EUR 62.2 million in 2024 (2023: EUR</td></tr><tr><td colspan="1">12.3 million). Remaining costs are assessed to be maintenance or development costs that</td></tr><tr><td colspan="1">do not meet the capitalization requirements, and therefore are expensed as incurred. The</td></tr><tr><td colspan="1">recognition of costs incurred, and capitalization is subject to assessment by management.</td></tr></table></mrv:DescriptionOfResearchAndDevelopmentActivitiesInAndForReportingEntity>
<mrv:DescriptionOfKnowledgeResources contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Intellectual capital resources</td></tr><tr><td colspan="1">SimCorpâs business is based on specialized expertise and innovation. It is imperative that</td></tr><tr><td colspan="1">SimCorp continues to attract, develop, and retain skilled employees and management talent.</td></tr><tr><td colspan="1">The supply of talent is provided internally through development as well as from the market.</td></tr><tr><td colspan="1">For some roles, there is fierce competition for talent. Hence, SimCorpâs ability to successfully</td></tr><tr><td colspan="1">attract, hire, onboard and retain our talent â and do this in a scalable and efficient way â is</td></tr><tr><td colspan="1">critical for our long-term success.</td></tr><tr><td colspan="1">To strengthen SimCorpâs employer brand and this way increase awareness of what SimCorp</td></tr><tr><td colspan="1">has to offer as an employer, several initiatives have been implemented during the last years.</td></tr><tr><td colspan="1">Furthermore, to retain talent in SimCorp, substantial resources have been allocated to</td></tr><tr><td colspan="1">mentoring and leadership programs in the last years.</td></tr></table></mrv:DescriptionOfKnowledgeResources>
<mrv:LinkToStatementOfCorporateSocialResponsibility contextRef="ctx1">https://www.deutsche-boerse.com/dbg-en/about-us/sustainability/reports-</mrv:LinkToStatementOfCorporateSocialResponsibility>
<mrv:StatementOfCorporateSocialResponsibility contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement on corporate social responsibility</td></tr><tr><td colspan="1">Deutsche Börse Group explains the work with social responsibility, targets and policies for</td></tr><tr><td colspan="1">the underrepresented gender in management in the sustainability report for 2024. The report</td></tr><tr><td colspan="1">is based on Deutsche Börse Groupâs policies in the area of social responsibility and</td></tr><tr><td colspan="1">international guidelines such as the UN Global Compactâs 10 principles. The report is</td></tr><tr><td colspan="1">published at https://www.deutsche-boerse.com/dbg-en/about-us/sustainability/reports-</td></tr><tr><td colspan="1">statements-policies-guidelines.</td></tr><tr><td colspan="1">DBG-annual-report-2024.pdf</td></tr></table><br><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Share-based payments</td></tr><tr><td colspan="1">Simcorp has for several years granted restricted stock units (RSUâs) to certain employees.</td></tr><tr><td colspan="1">The programs are subject to continued employment and some programs are also subject to</td></tr><tr><td colspan="1">certain financial performance criteria (non-market vesting conditions). Under the</td></tr><tr><td colspan="1">arrangement, the Board of directors can elect to settle the RSUâs in cash rather than in</td></tr><tr><td colspan="1">shares.</td></tr><tr><td colspan="1">Following Deutsche Börse AGâs successful completion of the public takeover of SimCorp,</td></tr><tr><td colspan="1">the RSUâs vested in February 2024 were cash settled with a value of DKK 735 per RSU.</td></tr><tr><td colspan="1">Unvested RSUs after February 2024 were converted to Deutsche Börse shares on the</td></tr><tr><td colspan="1">following criteria: RSU SimCorp A/S rate = DKK 735, RSU Deutsche Börse rate = EUR</td></tr><tr><td colspan="1">185.25 and exchange rate from DKK to EUR of 7.46. Grants after February 2024 was made</td></tr><tr><td colspan="1">in Deutsche Börse RSUs.</td></tr></table></mrv:StatementOfCorporateSocialResponsibility>
<mrv:StatementOfPolicyForDataEthics contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement on data ethics</td></tr><tr><td colspan="1">SimCorp has adopted a Data Ethics Policy, the aim of which is to raise awareness of and</td></tr><tr><td colspan="1">enhance SimCorpâs data ethical values and their anchoring in our organization. The policy is</td></tr><tr><td colspan="1">applicable to all types of data processing, regardless of whether it includes personal data.</td></tr><tr><td colspan="1">The policy is universal and aims to embrace all scenarios in which data ethics considerations</td></tr><tr><td colspan="1">are relevant.</td></tr><tr><td colspan="1">SimCorp processes data on our employees, our clientsâ employees, our shareholders, and</td></tr><tr><td colspan="1">partners to administer our relationships and to support our decisions. The nature of the</td></tr><tr><td colspan="1">services which SimCorp provides requires that SimCorp processes transactional and</td></tr><tr><td colspan="1">portfolio data on behalf of our clients. SimCorp never engages in selling data which it has</td></tr><tr><td colspan="1">obtained through such processes.</td></tr><tr><td colspan="1">All new and existing employees will participate in training programs which include topics on</td></tr><tr><td colspan="1">data ethics.</td></tr><tr><td colspan="1">The complete policy can be found on the below link</td></tr><tr><td colspan="1">Data Ethics Policy</td></tr><tr><td colspan="1">Deutsche Börse Group prepares an Annual Report on the groupâs work with policy for data</td></tr><tr><td colspan="1">ethics. The report is published at https://www.deutsche-boerse.com/dbg-en/investor-</td></tr><tr><td colspan="1">relations/corporate-governance/compliance.</td></tr><tr><td colspan="1">Please refer to the Deutsche Börse Groupâs Annual Report for corporate reporting (ESG key</td></tr><tr><td colspan="1">figures).</td></tr></table></mrv:StatementOfPolicyForDataEthics>
<mrv:DescriptionOfExpectedDevelopment contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Expectation for next year</td></tr><tr><td colspan="1">SimCorp A/S expect to continue the positive development in 2025. Revenue is expected to</td></tr><tr><td colspan="1">increase by 7% compared to 2024 and operating profit is expected to be 25% of expected</td></tr><tr><td colspan="1">revenue for 2025.</td></tr></table></mrv:DescriptionOfExpectedDevelopment>
<mrv:DescriptionOfSignificantEventsOccurringAfterEndOfReportingPeriod contextRef="ctx1" xml:lang="da"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Events after the balance sheet date</td></tr><tr><td colspan="1">No events materially affecting the assessment of the Annual Report occurred after the</td></tr><tr><td colspan="1">balance sheet date.</td></tr></table></mrv:DescriptionOfSignificantEventsOccurringAfterEndOfReportingPeriod>
<gsd:InformationOnTypeOfSubmittedReport contextRef="ctx1">Ã
rsrapport</gsd:InformationOnTypeOfSubmittedReport>
<gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx1">15505281</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
<gsd:NameOfSubmittingEnterprise contextRef="ctx1" xml:lang="da">SimCorp A/S</gsd:NameOfSubmittingEnterprise>
<gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx1" xml:lang="da">Weidekampsgade 16</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
<gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx1" xml:lang="da">2300 København S</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
<gsd:ToolForPreparingTheXBRLInstanceDocument contextRef="ctx1" xml:lang="da">xWizard version 1.1.1369.0, by EasyX Aps. www.easyx.eu</gsd:ToolForPreparingTheXBRLInstanceDocument>
<gsd:PrecedingReportingPeriodStartDate contextRef="ctx1">2023-01-01</gsd:PrecedingReportingPeriodStartDate>
<gsd:PredingReportingPeriodEndDate contextRef="ctx1">2023-12-31</gsd:PredingReportingPeriodEndDate>
<cmn:TypeOfAuditorAssistance contextRef="ctx1">Revisionspåtegning</cmn:TypeOfAuditorAssistance>
<arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements contextRef="ctx1">Grundlag for konklusion</arr:TypeOfBasisForModifiedOpinionOnAuditedFinancialStatements>
<arr:TypeOfModifiedOpinionOnAuditedFinancialStatements contextRef="ctx1">Konklusion</arr:TypeOfModifiedOpinionOnAuditedFinancialStatements>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx2" xml:lang="da">Georg Werner Hetrodt</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="da">Marlene Nyholm Voss</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx4" xml:lang="da">Christian Peter Kromann</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx4" xml:lang="da">Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx5" xml:lang="da">Vagn Ove Sørensen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx6" xml:lang="da">Jeff Dennis Conway</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx7" xml:lang="da">Stephan Engels</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx8" xml:lang="da">Christoph Böhm</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx9" xml:lang="da">Stephanie Eckermann</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx10" xml:lang="da">Sven Rinke</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx11" xml:lang="da">Neil James Cook</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx12" xml:lang="da">Charlotte Søndergaard Klausen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<fsa:Revenue contextRef="ctx13" unitRef="vEUR" decimals="-3">301390000</fsa:Revenue>
<fsa:OtherOperatingIncome contextRef="ctx13" unitRef="vEUR" decimals="-3">30384000</fsa:OtherOperatingIncome>
<fsa:CostOfSales contextRef="ctx13" unitRef="vEUR" decimals="-3">111471000</fsa:CostOfSales>
<fsa:OtherExternalExpenses contextRef="ctx13" unitRef="vEUR" decimals="-3">74338000</fsa:OtherExternalExpenses>
<fsa:GrossProfitLoss contextRef="ctx13" unitRef="vEUR" decimals="-3">145965000</fsa:GrossProfitLoss>
<fsa:EmployeeBenefitsExpense contextRef="ctx13" unitRef="vEUR" decimals="-3">93215000</fsa:EmployeeBenefitsExpense>
<fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss contextRef="ctx13" unitRef="vEUR" decimals="-3">4193000</fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss>
<fsa:OtherOperatingExpenses contextRef="ctx13" unitRef="vEUR" decimals="-3">1051000</fsa:OtherOperatingExpenses>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx13" unitRef="vEUR" decimals="-3">47506000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:IncomeFromInvestmentsInGroupEnterprises contextRef="ctx13" unitRef="vEUR" decimals="-3">26628000</fsa:IncomeFromInvestmentsInGroupEnterprises>
<fsa:IncomeFromInvestmentsInAssociates contextRef="ctx13" unitRef="vEUR" decimals="-3">62000</fsa:IncomeFromInvestmentsInAssociates>
<fsa:OtherFinanceIncome contextRef="ctx13" unitRef="vEUR" decimals="-3">3336000</fsa:OtherFinanceIncome>
<fsa:OtherFinanceExpenses contextRef="ctx13" unitRef="vEUR" decimals="-3">3179000</fsa:OtherFinanceExpenses>
<fsa:ProfitLossFromOrdinaryActivitiesBeforeTax contextRef="ctx13" unitRef="vEUR" decimals="-3">74353000</fsa:ProfitLossFromOrdinaryActivitiesBeforeTax>
<fsa:TaxExpense contextRef="ctx13" unitRef="vEUR" decimals="-3">11791000</fsa:TaxExpense>
<fsa:ProfitLoss contextRef="ctx13" unitRef="vEUR" decimals="-3">62562000</fsa:ProfitLoss>
<fsa:AverageNumberOfEmployees contextRef="ctx13" unitRef="pure" decimals="0">590</fsa:AverageNumberOfEmployees>
<fsa:TransferredToFromRetainedEarnings contextRef="ctx13" unitRef="vEUR" decimals="-3">62562000</fsa:TransferredToFromRetainedEarnings>
<mrv:GrossMargin contextRef="ctx13" unitRef="pure" decimals="3">0.484</mrv:GrossMargin>
<mrv:OperatingMargin contextRef="ctx13" unitRef="pure" decimals="3">0.158</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx13" unitRef="pure" decimals="3">0.818</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx13" unitRef="pure" decimals="3">0.105</mrv:ReturnOnEquity>
<fsa:AcquiredOtherSimilarRights contextRef="ctx14" unitRef="vEUR" decimals="-3">0</fsa:AcquiredOtherSimilarRights>
<fsa:CompletedDevelopmentProjects contextRef="ctx14" unitRef="vEUR" decimals="-3">37231000</fsa:CompletedDevelopmentProjects>
<fsa:DevelopmentProjectsInProgress contextRef="ctx14" unitRef="vEUR" decimals="-3">24927000</fsa:DevelopmentProjectsInProgress>
<fsa:IntangibleAssets contextRef="ctx14" unitRef="vEUR" decimals="-3">62158000</fsa:IntangibleAssets>
<fsa:LandAndBuildings contextRef="ctx14" unitRef="vEUR" decimals="-3">13887000</fsa:LandAndBuildings>
<fsa:PlantAndMachinery contextRef="ctx14" unitRef="vEUR" decimals="-3">2175000</fsa:PlantAndMachinery>
<fsa:FixturesFittingsToolsAndEquipment contextRef="ctx14" unitRef="vEUR" decimals="-3">429000</fsa:FixturesFittingsToolsAndEquipment>
<fsa:LeaseholdImprovements contextRef="ctx14" unitRef="vEUR" decimals="-3">258000</fsa:LeaseholdImprovements>
<fsa:PropertyPlantAndEquipment contextRef="ctx14" unitRef="vEUR" decimals="-3">16749000</fsa:PropertyPlantAndEquipment>
<fsa:LongtermInvestmentsInGroupEnterprises contextRef="ctx14" unitRef="vEUR" decimals="-3">648179000</fsa:LongtermInvestmentsInGroupEnterprises>
<fsa:LongtermInvestmentsInAssociates contextRef="ctx14" unitRef="vEUR" decimals="-3">140000</fsa:LongtermInvestmentsInAssociates>
<fsa:OtherLongtermInvestments contextRef="ctx14" unitRef="vEUR" decimals="-3">5029000</fsa:OtherLongtermInvestments>
<fsa:DepositsLongtermInvestmentsAndReceivables contextRef="ctx14" unitRef="vEUR" decimals="-3">1647000</fsa:DepositsLongtermInvestmentsAndReceivables>
<fsa:NoncurrentAssets contextRef="ctx14" unitRef="vEUR" decimals="-3">733902000</fsa:NoncurrentAssets>
<fsa:ShorttermTradeReceivables contextRef="ctx14" unitRef="vEUR" decimals="-3">2396000</fsa:ShorttermTradeReceivables>
<fsa:CurrentContractAssets contextRef="ctx14" unitRef="vEUR" decimals="-3">53304000</fsa:CurrentContractAssets>
<fsa:ShorttermReceivablesFromGroupEnterprises contextRef="ctx14" unitRef="vEUR" decimals="-3">371767000</fsa:ShorttermReceivablesFromGroupEnterprises>
<fsa:OtherShorttermReceivables contextRef="ctx14" unitRef="vEUR" decimals="-3">5310000</fsa:OtherShorttermReceivables>
<fsa:ShorttermTaxReceivables contextRef="ctx14" unitRef="vEUR" decimals="-3">0</fsa:ShorttermTaxReceivables>
<fsa:DeferredIncomeAssets contextRef="ctx14" unitRef="vEUR" decimals="-3">12189000</fsa:DeferredIncomeAssets>
<fsa:ShorttermReceivables contextRef="ctx14" unitRef="vEUR" decimals="-3">444966000</fsa:ShorttermReceivables>
<fsa:CashAndCashEquivalents contextRef="ctx14" unitRef="vEUR" decimals="-3">3715000</fsa:CashAndCashEquivalents>
<fsa:CurrentAssets contextRef="ctx14" unitRef="vEUR" decimals="-3">448681000</fsa:CurrentAssets>
<fsa:Assets contextRef="ctx14" unitRef="vEUR" decimals="-3">1182583000</fsa:Assets>
<fsa:ContributedCapital contextRef="ctx14" unitRef="vEUR" decimals="-3">5441000</fsa:ContributedCapital>
<fsa:ReserveForDevelopmentExpenditure contextRef="ctx14" unitRef="vEUR" decimals="-3">48483000</fsa:ReserveForDevelopmentExpenditure>
<fsa:RetainedEarnings contextRef="ctx14" unitRef="vEUR" decimals="-3">908599000</fsa:RetainedEarnings>
<fsa:Equity contextRef="ctx14" unitRef="vEUR" decimals="-3">962523000</fsa:Equity>
<fsa:ProvisionsForDeferredTax contextRef="ctx14" unitRef="vEUR" decimals="-3">58996000</fsa:ProvisionsForDeferredTax>
<fsa:OtherProvisions contextRef="ctx14" unitRef="vEUR" decimals="-3">21053000</fsa:OtherProvisions>
<fsa:Provisions contextRef="ctx14" unitRef="vEUR" decimals="-3">80049000</fsa:Provisions>
<fsa:LongtermLeaseCommitments contextRef="ctx14" unitRef="vEUR" decimals="-3">10773000</fsa:LongtermLeaseCommitments>
<fsa:LongtermLiabilitiesOtherThanProvisions contextRef="ctx14" unitRef="vEUR" decimals="-3">10773000</fsa:LongtermLiabilitiesOtherThanProvisions>
<fsa:ShorttermLeaseCommitments contextRef="ctx14" unitRef="vEUR" decimals="-3">3719000</fsa:ShorttermLeaseCommitments>
<fsa:ShorttermTradePayables contextRef="ctx14" unitRef="vEUR" decimals="-3">11930000</fsa:ShorttermTradePayables>
<fsa:CurrentContractLiabilities contextRef="ctx14" unitRef="vEUR" decimals="-3">2214000</fsa:CurrentContractLiabilities>
<fsa:ShorttermPayablesToGroupEnterprises contextRef="ctx14" unitRef="vEUR" decimals="-3">74179000</fsa:ShorttermPayablesToGroupEnterprises>
<fsa:OtherPayablesIncludingTaxPayablesLiabilitiesOtherThanProvisionsShortterm contextRef="ctx14" unitRef="vEUR" decimals="-3">32804000</fsa:OtherPayablesIncludingTaxPayablesLiabilitiesOtherThanProvisionsShortterm>
<fsa:ShorttermTaxPayables contextRef="ctx14" unitRef="vEUR" decimals="-3">4392000</fsa:ShorttermTaxPayables>
<fsa:ShorttermLiabilitiesOtherThanProvisions contextRef="ctx14" unitRef="vEUR" decimals="-3">129238000</fsa:ShorttermLiabilitiesOtherThanProvisions>
<fsa:LiabilitiesOtherThanProvisions contextRef="ctx14" unitRef="vEUR" decimals="-3">140011000</fsa:LiabilitiesOtherThanProvisions>
<fsa:LiabilitiesAndEquity contextRef="ctx14" unitRef="vEUR" decimals="-3">1182583000</fsa:LiabilitiesAndEquity>
<fsa:ProposedDividendRecognisedInEquity contextRef="ctx14" unitRef="vEUR" decimals="-3">0</fsa:ProposedDividendRecognisedInEquity>
<fsa:AcquiredOtherSimilarRights contextRef="ctx15" unitRef="vEUR" decimals="-3">222000</fsa:AcquiredOtherSimilarRights>
<fsa:CompletedDevelopmentProjects contextRef="ctx15" unitRef="vEUR" decimals="-3">0</fsa:CompletedDevelopmentProjects>
<fsa:DevelopmentProjectsInProgress contextRef="ctx15" unitRef="vEUR" decimals="-3">12281000</fsa:DevelopmentProjectsInProgress>
<fsa:IntangibleAssets contextRef="ctx15" unitRef="vEUR" decimals="-3">12503000</fsa:IntangibleAssets>
<fsa:LandAndBuildings contextRef="ctx15" unitRef="vEUR" decimals="-3">17323000</fsa:LandAndBuildings>
<fsa:PlantAndMachinery contextRef="ctx15" unitRef="vEUR" decimals="-3">712000</fsa:PlantAndMachinery>
<fsa:FixturesFittingsToolsAndEquipment contextRef="ctx15" unitRef="vEUR" decimals="-3">566000</fsa:FixturesFittingsToolsAndEquipment>
<fsa:LeaseholdImprovements contextRef="ctx15" unitRef="vEUR" decimals="-3">312000</fsa:LeaseholdImprovements>
<fsa:PropertyPlantAndEquipment contextRef="ctx15" unitRef="vEUR" decimals="-3">18913000</fsa:PropertyPlantAndEquipment>
<fsa:LongtermInvestmentsInGroupEnterprises contextRef="ctx15" unitRef="vEUR" decimals="-3">648563000</fsa:LongtermInvestmentsInGroupEnterprises>
<fsa:LongtermInvestmentsInAssociates contextRef="ctx15" unitRef="vEUR" decimals="-3">9678000</fsa:LongtermInvestmentsInAssociates>
<fsa:OtherLongtermInvestments contextRef="ctx15" unitRef="vEUR" decimals="-3">4835000</fsa:OtherLongtermInvestments>
<fsa:DepositsLongtermInvestmentsAndReceivables contextRef="ctx15" unitRef="vEUR" decimals="-3">1648000</fsa:DepositsLongtermInvestmentsAndReceivables>
<fsa:NoncurrentAssets contextRef="ctx15" unitRef="vEUR" decimals="-3">696140000</fsa:NoncurrentAssets>
<fsa:ShorttermTradeReceivables contextRef="ctx15" unitRef="vEUR" decimals="-3">1909000</fsa:ShorttermTradeReceivables>
<fsa:CurrentContractAssets contextRef="ctx15" unitRef="vEUR" decimals="-3">45360000</fsa:CurrentContractAssets>
<fsa:ShorttermReceivablesFromGroupEnterprises contextRef="ctx15" unitRef="vEUR" decimals="-3">266848000</fsa:ShorttermReceivablesFromGroupEnterprises>
<fsa:OtherShorttermReceivables contextRef="ctx15" unitRef="vEUR" decimals="-3">6750000</fsa:OtherShorttermReceivables>
<fsa:ShorttermTaxReceivables contextRef="ctx15" unitRef="vEUR" decimals="-3">4764000</fsa:ShorttermTaxReceivables>
<fsa:DeferredIncomeAssets contextRef="ctx15" unitRef="vEUR" decimals="-3">8232000</fsa:DeferredIncomeAssets>
<fsa:ShorttermReceivables contextRef="ctx15" unitRef="vEUR" decimals="-3">333863000</fsa:ShorttermReceivables>
<fsa:CashAndCashEquivalents contextRef="ctx15" unitRef="vEUR" decimals="-3">15036000</fsa:CashAndCashEquivalents>
<fsa:CurrentAssets contextRef="ctx15" unitRef="vEUR" decimals="-3">348899000</fsa:CurrentAssets>
<fsa:Assets contextRef="ctx15" unitRef="vEUR" decimals="-3">1045039000</fsa:Assets>
<fsa:ContributedCapital contextRef="ctx15" unitRef="vEUR" decimals="-3">5441000</fsa:ContributedCapital>
<fsa:ReserveForDevelopmentExpenditure contextRef="ctx15" unitRef="vEUR" decimals="-3">9579000</fsa:ReserveForDevelopmentExpenditure>
<fsa:RetainedEarnings contextRef="ctx15" unitRef="vEUR" decimals="-3">840290000</fsa:RetainedEarnings>
<fsa:Equity contextRef="ctx15" unitRef="vEUR" decimals="-3">855310000</fsa:Equity>
<fsa:ProvisionsForDeferredTax contextRef="ctx15" unitRef="vEUR" decimals="-3">47813000</fsa:ProvisionsForDeferredTax>
<fsa:OtherProvisions contextRef="ctx15" unitRef="vEUR" decimals="-3">17951000</fsa:OtherProvisions>
<fsa:Provisions contextRef="ctx15" unitRef="vEUR" decimals="-3">65764000</fsa:Provisions>
<fsa:LongtermLeaseCommitments contextRef="ctx15" unitRef="vEUR" decimals="-3">14065000</fsa:LongtermLeaseCommitments>
<fsa:LongtermLiabilitiesOtherThanProvisions contextRef="ctx15" unitRef="vEUR" decimals="-3">14065000</fsa:LongtermLiabilitiesOtherThanProvisions>
<fsa:ShorttermLeaseCommitments contextRef="ctx15" unitRef="vEUR" decimals="-3">3697000</fsa:ShorttermLeaseCommitments>
<fsa:ShorttermTradePayables contextRef="ctx15" unitRef="vEUR" decimals="-3">21885000</fsa:ShorttermTradePayables>
<fsa:CurrentContractLiabilities contextRef="ctx15" unitRef="vEUR" decimals="-3">2551000</fsa:CurrentContractLiabilities>
<fsa:ShorttermPayablesToGroupEnterprises contextRef="ctx15" unitRef="vEUR" decimals="-3">45910000</fsa:ShorttermPayablesToGroupEnterprises>
<fsa:OtherPayablesIncludingTaxPayablesLiabilitiesOtherThanProvisionsShortterm contextRef="ctx15" unitRef="vEUR" decimals="-3">35857000</fsa:OtherPayablesIncludingTaxPayablesLiabilitiesOtherThanProvisionsShortterm>
<fsa:ShorttermTaxPayables contextRef="ctx15" unitRef="vEUR" decimals="-3">0</fsa:ShorttermTaxPayables>
<fsa:ShorttermLiabilitiesOtherThanProvisions contextRef="ctx15" unitRef="vEUR" decimals="-3">109900000</fsa:ShorttermLiabilitiesOtherThanProvisions>
<fsa:LiabilitiesOtherThanProvisions contextRef="ctx15" unitRef="vEUR" decimals="-3">123965000</fsa:LiabilitiesOtherThanProvisions>
<fsa:LiabilitiesAndEquity contextRef="ctx15" unitRef="vEUR" decimals="-3">1045039000</fsa:LiabilitiesAndEquity>
<fsa:ProposedDividendRecognisedInEquity contextRef="ctx15" unitRef="vEUR" decimals="-3">0</fsa:ProposedDividendRecognisedInEquity>
<fsa:Revenue contextRef="ctx16" unitRef="vEUR" decimals="-3">263438000</fsa:Revenue>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx16" unitRef="vEUR" decimals="-3">74381000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:ProfitLoss contextRef="ctx16" unitRef="vEUR" decimals="-3">92387000</fsa:ProfitLoss>
<fsa:AverageNumberOfEmployees contextRef="ctx16" unitRef="pure" decimals="0">573</fsa:AverageNumberOfEmployees>
<mrv:GrossMargin contextRef="ctx16" unitRef="pure" decimals="3">0.629</mrv:GrossMargin>
<mrv:OperatingMargin contextRef="ctx16" unitRef="pure" decimals="3">0.282</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx16" unitRef="pure" decimals="3">0.737</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx16" unitRef="pure" decimals="3">0.294</mrv:ReturnOnEquity>
<fsa:Revenue contextRef="ctx17" unitRef="vEUR" decimals="-3">250191000</fsa:Revenue>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx17" unitRef="vEUR" decimals="-3">85461000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:ProfitLoss contextRef="ctx17" unitRef="vEUR" decimals="-3">94948000</fsa:ProfitLoss>
<fsa:AverageNumberOfEmployees contextRef="ctx17" unitRef="pure" decimals="0">553</fsa:AverageNumberOfEmployees>
<mrv:GrossMargin contextRef="ctx17" unitRef="pure" decimals="3">0.674</mrv:GrossMargin>
<mrv:OperatingMargin contextRef="ctx17" unitRef="pure" decimals="3">0.342</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx17" unitRef="pure" decimals="3">0.747</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx17" unitRef="pure" decimals="3">0.341</mrv:ReturnOnEquity>
<fsa:Revenue contextRef="ctx18" unitRef="vEUR" decimals="-3">235572000</fsa:Revenue>
<fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx18" unitRef="vEUR" decimals="-3">89866000</fsa:ProfitLossFromOrdinaryOperatingActivities>
<fsa:ProfitLoss contextRef="ctx18" unitRef="vEUR" decimals="-3">88664000</fsa:ProfitLoss>
<fsa:AverageNumberOfEmployees contextRef="ctx18" unitRef="pure" decimals="0">550</fsa:AverageNumberOfEmployees>
<mrv:GrossMargin contextRef="ctx18" unitRef="pure" decimals="3">0.703</mrv:GrossMargin>
<mrv:OperatingMargin contextRef="ctx18" unitRef="pure" decimals="3">0.381</mrv:OperatingMargin>
<mrv:SolvencyRatio contextRef="ctx18" unitRef="pure" decimals="3">0.741</mrv:SolvencyRatio>
<mrv:ReturnOnEquity contextRef="ctx18" unitRef="pure" decimals="3">0.371</mrv:ReturnOnEquity>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx19" xml:lang="da">Gross profit</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx19" unitRef="vEUR" decimals="-3">191848000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx20" xml:lang="da">Gross profit</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx20" unitRef="vEUR" decimals="-3">145965000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx21" xml:lang="da">Gross profit</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx21" unitRef="vEUR" decimals="-3">165790000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx22" xml:lang="da">Gross profit</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx22" unitRef="vEUR" decimals="-3">168531000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx23" xml:lang="da">Gross profit</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx23" unitRef="vEUR" decimals="-3">165670000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx24" xml:lang="da">Financial income and expenses, net</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx24" unitRef="vEUR" decimals="-3">29678000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx25" xml:lang="da">Financial income and expenses, net</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx25" unitRef="vEUR" decimals="-3">26848000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx26" xml:lang="da">Financial income and expenses, net</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx26" unitRef="vEUR" decimals="-3">34092000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx27" xml:lang="da">Financial income and expenses, net</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx27" unitRef="vEUR" decimals="-3">25254000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx28" xml:lang="da">Financial income and expenses, net</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx28" unitRef="vEUR" decimals="-3">18237000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<fsa:Assets contextRef="ctx29" unitRef="vEUR" decimals="-3">456621000</fsa:Assets>
<fsa:Equity contextRef="ctx29" unitRef="vEUR" decimals="-3">336720000</fsa:Equity>
<fsa:Assets contextRef="ctx30" unitRef="vEUR" decimals="-3">389962000</fsa:Assets>
<fsa:Equity contextRef="ctx30" unitRef="vEUR" decimals="-3">291207000</fsa:Equity>
<fsa:Assets contextRef="ctx31" unitRef="vEUR" decimals="-3">357981000</fsa:Assets>
<fsa:Equity contextRef="ctx31" unitRef="vEUR" decimals="-3">265304000</fsa:Equity>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx32" xml:lang="da">Investments in property, plant and equipment</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx32" unitRef="vEUR" decimals="-3">16749000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx33" xml:lang="da">Investments in property, plant and equipment</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx33" unitRef="vEUR" decimals="-3">18913000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx34" xml:lang="da">Investments in property, plant and equipment</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx34" unitRef="vEUR" decimals="-3">20664000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx35" xml:lang="da">Investments in property, plant and equipment</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx35" unitRef="vEUR" decimals="-3">22254000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx36" xml:lang="da">Investments in property, plant and equipment</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatioMonetary contextRef="ctx36" unitRef="vEUR" decimals="-3">25721000</mrv:ValueOfKeyFigureOrFinancialRatioMonetary>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx37" xml:lang="da">Return on assets</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatio contextRef="ctx37" unitRef="pure" decimals="3">0.089</mrv:ValueOfKeyFigureOrFinancialRatio>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx38" xml:lang="da">Return on assets</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatio contextRef="ctx38" unitRef="pure" decimals="3">0.063</mrv:ValueOfKeyFigureOrFinancialRatio>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx39" xml:lang="da">Return on assets</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatio contextRef="ctx39" unitRef="pure" decimals="3">0.176</mrv:ValueOfKeyFigureOrFinancialRatio>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx40" xml:lang="da">Return on assets</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatio contextRef="ctx40" unitRef="pure" decimals="3">0.229</mrv:ValueOfKeyFigureOrFinancialRatio>
<mrv:NameOfKeyFigureOrFinancialRatio contextRef="ctx41" xml:lang="da">Return on assets</mrv:NameOfKeyFigureOrFinancialRatio>
<mrv:ValueOfKeyFigureOrFinancialRatio contextRef="ctx41" unitRef="pure" decimals="3">0.267</mrv:ValueOfKeyFigureOrFinancialRatio>
<cmn:NameOfAuditFirm contextRef="ctx42" xml:lang="da">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx42">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx42" xml:lang="da">Kim Tromholt</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx42" xml:lang="da">Statement Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx42">mne33251</cmn:IdentificationNumberOfAuditor>
<gsd:AddressOfAuditorStreetName contextRef="ctx42" xml:lang="da">Strandvejen</gsd:AddressOfAuditorStreetName>
<gsd:AddressOfAuditorStreetBuildingIdentifier contextRef="ctx42" xml:lang="da">44</gsd:AddressOfAuditorStreetBuildingIdentifier>
<gsd:AddressOfAuditorPostCodeIdentifier contextRef="ctx42" xml:lang="da">2900</gsd:AddressOfAuditorPostCodeIdentifier>
<gsd:AddressOfAuditorDistrictName contextRef="ctx42" xml:lang="da">Hellerup</gsd:AddressOfAuditorDistrictName>
<cmn:NameAndSurnameOfAuditor contextRef="ctx43" xml:lang="da">Thomas Baunkjær Andersen</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx43" xml:lang="da">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:IdentificationNumberOfAuditor contextRef="ctx43">mne35483</cmn:IdentificationNumberOfAuditor>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx43">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameOfAuditFirm contextRef="ctx43" xml:lang="da">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
</xbrli:xbrl>