Compuware Corporation and Subsidiaries
Consolidated Financial Statements
Consolidated Statements of Shareholders' Equity
YEARS ENDED MARCH 31, 2001, 2000 AND 1999
(In Thousands, Except Share Data)

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COMMON |
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ADDITIONAL PAID-IN CAPITAL
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RETAINED EARNINGS |

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ACCUMULATED OTHER COMPREHENSIVE LOSS |

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TOTAL SHAREHOLDERS' EQUITY |

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COMPREHENSIVE INCOME |
 |

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SHARES
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AMOUNT
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BALANCE AT APRIL 1, 1998
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 |
360,341,946
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$ 3,603
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$ 280,867
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$ 427,455
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$ (3,629)
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$ 708,296
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Net income
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349,863 |
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349,863 |
$ 349,863
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Foreign currency translation,
net of tax
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(2,671)
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(2,671)
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(2,671)
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Comprehensive income
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$ 347,192
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MISI acquisition (Note 2)
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1,021,864
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10
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31,089
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31,099
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Issuance of common Stock
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1,367,818
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14
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24,457
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24,471
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Purchase and retirement of
common stock
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(6,200,000)
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(62)
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(151,555)
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(151,617)
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Acquisition tax benefits
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6,707
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6,707
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Exerclse of employee stock
options and related tax
benefit (Note 12)
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11,394,760
|
114
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113,260
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113,374
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BALANCE AT MARCH 31, 1999
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367,926,388
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3,679
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304,825
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777,318
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(6,300)
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1,079,522
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Net income
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|
|
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351,976
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|
351,976
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$ 351,976
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Foreign currency translation,
net of tax
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|
|
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(4,570)
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(4,570)
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(4,570)
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Comprehensive income
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$ 347,406
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Issuance of common stock
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1,325,761
|
13
|
33,764
|
|
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33,777
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|
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Purchase and retirement of
common stock
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(15,335,259)
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(153)
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126,098
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(474,318)
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(348,373)
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Acquisition tax benefits
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|
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7,219
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7,219
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Exercise of employee stock options and related tax benefit
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7,704,344
|
77
|
79,844
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79,921
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| Other
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4,400
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4,400
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BALANCE AT MARCH 31, 2000
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361,621,234
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3,616
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556,150
|
654,976
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(10,870)
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1,203,872
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Net income |

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119,083
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119,083
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$ 119,083
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Foreign currency translation, net of tax
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|
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(10,258)
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(10,258)
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(10,258)
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Comprehensive income
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$ 108,825
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Issuance of common stock
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5,735,834
|
57
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40,301
|
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40,358
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Acquisition tax benefits
|
|
|
7,454
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|
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7,454
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Exercise of employee stock options and related tax benefit
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2,459,364
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25
|
16,863
|
|
|
16,838
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BALANSE AT MARCH 31, 2001
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369,816,432
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$ 3,698
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$ 620,743
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$ 774,059
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$(21,128)
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$ 1,377,372
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See notes to consolidated financial statements.
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