SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2012
ÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄ
CIMATRON LIMITED
(Translation of Registrant’s name into English)
ÄÄÄÄÄÄÄÄÄÄÄÄÄÄÄ
11 Gush Etzion Street, Givat Shmuel, Israel
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F: Form 20-F 
Form 40-F 
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934:
Yes 
No 
On February 29, 2012, Cimatron Ltd. (the "Registrant") issued a press release
(the "Press Release") announcing and attaching its unaudited financial results for
the quarter ended December 31, 2011. The Press Release is attached hereto as
Exhibit 1.
The unaudited financial results of the Registrant for the quarter ended December
31, 2011 (as attached to the Press Release, and excluding any related quotes
from the Registrant's management) are hereby incorporated by reference in the
Registrant's registration statement on Form F-3, SEC File Number 333161781.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CIMATRON LIMITED
By: /s/ Ilan Erez
Ilan Erez
Chief Financial Officer
Dated: February 29, 2012
FOR
R IMMEDIA
ATE RELEASE
C
Cimatro
on Repo
orts Rec
cord Re
evenue
es of $12.2M an
nd
Re
ecord N
Non-GA
AAP Ope
erating Profit o
of $2.2M
M in Q4
4/11
- $4
40.7M Annu
ual Revenu
ues and $5.1M Record
d Annual No
on-GAAP O
Operating P
Profit
in 2011
at Shmuel, Israel, – February 29th, 2012
2– Cimatro
on Limited
d (NASDAQ
Q and
Giva
TAS
SE: CIMT), a leading provider off integrated
d CAD/CAM
M software solutions ffor the
toolm
making and
d manufactturing indusstries, toda
ay announcced financia
al results fo
or the
fourtth quarter a
and full yearr of 2011.
High
hlights of Cimatron’s re
esults for the
ese periods include the
e following:
and non-GA
AAP operatting profit o
of $12.2M a
and
Record quarterly rrevenues a
$2.2M, respectivel
r
ly
Record Non-GAAP
P operating
g and net p
profit in full 2011 - $5.1
1M and $4.5M,
respecttively
on-GAAP earnings
e
pe
er share in full year 20
011
$0.48 no
54% yea
ar-over-yea
ar non-GAA
AP net proffit increase
e in 2011
20% yea
ar-over-yea
ar new license revenu
ue growth in 2011, on a constantt
currenc
cy basis
mmenting on the results, Danny Haran, Pre
esident and
d Chief Exe
ecutive Officer of
Com
Cimatron, noted
d “We are d
delighted witth the Q4 and full year results. Strrong license
e sales
of both productt lines, Cim
matronE and
d GibbsCAM
M, continue to push Cimatron to record
resu
ults as the g
global manu
ufacturing m
markets conttinue to stabilize. We rremain com
mmitted
to our long-term
m strategy of
o bringing b
best-in-class solutions for tool makers and diiscrete
part manufacturers. We be
elieve that o
our uncompromising co
ommitment tto end-userr value
and productivitty is well rewarded by
b custome
er loyalty, resulting in
n all-time record
main
ntenance re
evenues in 2011. There
e is still mu
uch to be do
one, and we
e look forwa
ard for
anotther exciting
g year of inn
novation in 2012,”
2
conccluded Mr. H
Haran.
Conttact:
Ilan Erez, Chief F
Financial Offiicer
Cima
atron Ltd.
Tel.; 972-73-237--0114
ail: ilane@cim
matron.com
E-ma
1
The
e following
g provides
s details o
on Cimatro
on’s GAAP
P and non
n-GAAP re
esults
for the fourth
h quarter and
a
full yea
ar 2011:
GAA
AP:
Rev
venues for the fourth q
quarter of 2
2011 increa
ased by 11%
% to $12.2 million, from
m $11
millio
d in the fourrth quarter o
of 2010. In tthe full yearr ended Deccember 31, 2011,
on recorded
reve
enues increa
ased by 13%
% to $40.7 m
million, from
m $36.1 milliion in 2010.
Gross Profit fo
or the fourth quarter of 2
2011 was $
$10.7 million
n as comparred to $9.4 million
he same qua
arter of 2010. Gross margin
m
in the
e fourth qua
arter of 2011
1 constituted
d 88%
in th
of re
evenues, co
ompared to 85% in the
e same quarter of 2010
0. In 2011 a
as a whole, gross
proffit was $35.3
3 million, co
ompared to $30.2 millio
on in 2010, a
and gross m
margin consstituted
87%
% of revenue
es, compare
ed to 84% in
n 2010.
Ope
erating profit increase
ed by 37% in the fourth quarter of
o 2011, to $1.9
$
million
n, from
$1.4
4 million in tthe fourth quarter of 20
010. In 2011 as a whole, operating profit incrreased
by 9
94% to $4.1 million, from
m $2.1 millio
on in 2010.
Net Profit for tthe fourth q
quarter of 2
2011 was $1.4
$
million, or $0.15 p
per diluted share,
com
mpared to a net profit off $1.1 million, or $0.12 per diluted share, reco
orded in the same
quarrter of 2010
0. In 2011 as a whole
e, net profitt was $2.7 million, or $0.29 per d
diluted
sharre, compare
ed to $1.6 m
million, or $0
0.18 per dilu
uted share, iin 2010.
Non
n-GAAP:
Rev
venues for the fourth q
quarter of 2
2011 increa
ased by 11%
% to $12.2 million, from
m $11
on recorded
millio
d in the fourrth quarter o
of 2010. In tthe full yearr ended Deccember 31, 2011,
reve
enues increa
ased by 13%
% to $40.7 m
million, from
m $36.1 milliion in 2010.
Gross Profit ffor the fourrth quarter of 2011 wa
as $10.9 m
million, as ccompared to
o $9.5
millio
on in the co
orrespondin
ng quarter o
of 2010. Gro
oss margin in the fourth quarter off 2011
consstituted 89%
% of revenues, comparred to 86% iin the same
e quarter of 2010. In 20
011 as
a whole, gross profit was $35.9 millio
on, comparred to $30.8
8 million in 2010, and gross
gin constituted 88% of revenues, ccompared to
o 85% in 20
010.
marg
Ope
erating Pro
ofit increase
ed by 31% in the fourtth quarter of
o 2011 to $2.2
$
million
n, from
$1.7
7 million in the fourth quarter off 2010. In 2011 as a whole, the
e operating profit
incre
eased by 65
5% to $5.1 m
million, from
m $3.1 millio
on in 2010.
Net profit for the
t
fourth quarter
q
of 2
2011 was $1.6
$
million, or $0.18 per
p diluted share,
com
mpared to a net profit off $1.6 million, or $0.17 per diluted share, reco
orded in the same
quarrter of 2010
0. In 2011 ass a whole, n
net profit inccreased by 54% to $4.5
5 million, orr $0.48
per d
diluted sharre, compare
ed to $2.9 m
million, or $0
0.32 per dilu
uted share, iin 2010.
Conttact:
Ilan Erez, Chief F
Financial Offiicer
Cima
atron Ltd.
Tel.; 972-73-237--0114
ail: ilane@cim
matron.com
E-ma
2
Con
nference Ca
all
Cimatron's man
nagement w
will host a cconference call today, February 2
29th, 2012 a
at 9:00
EST
T, 16:00 Isra
ael time. On
n the call, managementt will review and discusss the resultts, and
will answer
a
que
estions by in
nvestors.
To p
participate, please call one of the following te
eleconferen
ncing numbe
ers. Please begin
placcing your call at least 5 minutes before the con
nference ca
all commencces.
68-9141
USA:: +1-888-66
3-9180609
Internatio
onal: +972-3
Isra
ael: 03-9180609
For those unab
ble to listen to the live call, a replay of the call will be a
available fro
om the
day after the call at the investo
or relationss section of
o Cimatro
on's websitte, at:
w.cimatron.ccom
www
Recconciliation b
between ressults on a G
GAAP and Non-GAAP
P basis is prrovided in a table
imm
mediately following the Consolidated Statem
ments of Inccome includ
ded herein.. NonGAA
AP financia
al measuress consist o
of GAAP financial me
easures adjjusted to in
nclude
reco
ognition of d
deferred revvenues of a
acquired com
mpanies an
nd to exclud
de amortization of
acqu
uired intang
gible assetts and defferred incom
me tax, ass well as certain bussiness
com
mbination an
nd other acccounting enttries. The pu
urpose of su
uch adjustm
ments is to g
give an
indiccation of ou
ur performa
ance exclusive of non-cash charg
ges and oth
her items th
hat are
conssidered by management to be outtside of ourr core opera
ating resultss. Our non-GAAP
finan
ncial measu
ures are no
ot meant to
o be consid
dered in iso
olation or ass a substitu
ute for
com
mparable GA
AAP measu
ures, and sh
hould be read in conjunction with our consollidated
finan
ncial statem
ments prepared in accorrdance with GAAP.
Our managem
ment regularly uses o
our supplem
mental non
n-GAAP financial mea
asures
interrnally to understand, manage a
and evaluatte our bussiness and make ope
erating
deciisions. We believe
b
thatt these non--GAAP mea
asures help
p investors tto understan
nd our
current and futu
ure operatin
ng performa
ance, especially as our two most re
ecent acquissitions
e resulted in
n amortization and
have
non--cash itemss that have had
h a mate
erial impact on our GAA
AP results. These
T
non-GAAP
finan
ncial measu
ures may difffer materia
ally from the
e non-GAAP
P financial measures
m
ussed by
othe
er companie
es.
Conttact:
Ilan Erez, Chief F
Financial Offiicer
Cima
atron Ltd.
Tel.; 972-73-237--0114
ail: ilane@cim
matron.com
E-ma
3
out Cimatro
on
Abo
With
h 30 years o
of experiencce and more
e than 40,00
00 installatio
ons worldwide, Cimatro
on is a
lead
ding provide
er of integratted, CAD/CA
AM softwarre solutions for mold, to
ool and die
makkers as well as manufaccturers of diiscrete partss. Cimatron is committe
ed to provid
ding
com
mprehensive
e, cost-effective solution
ns that strea
amline manu
ufacturing ccycles and
ultim
mately shortten product delivery tim
me.
The Cimatron p
product line includes the
e CimatronE
E and GibbssCAM brand
ds with softw
ware
solu
utions for mo
old design, die
d design, electrode design, 2.5 to 5 Axis millling, wire E
EDM,
turn, Mill-turn, rrotary milling
g, multi-taskk machining
g, and tombsstone mach
hining. Cima
atron's
subssidiaries and
d extensive
e distribution
n network se
erve and support customers in the
auto
omotive, aerrospace, me
edical, conssumer plastics, electron
nics, and oth
her industrie
es in
overr 40 countrie
es worldwid
de.
Cimatron's sharres are publicly traded on the NAS
SDAQ excha
ange and th
he TASE under
the symbol
s
CIM
MT. For more
e informatio
on, please vvisit Cimatro
on’s web site
e at:
http
p://www.cim
matron.com
m
Safe
e Harbor Sttatement
This
s press rele
ease includ
des forward
d looking statements,
s
, within the
e meaning o
of the
Priv
vate Securiities Litigattion Reform
m Act of 199
95, which a
are subjectt to risk and
d
unc
certainties tthat could c
cause actu
ual results tto differ ma
aterially fro
om those
antiicipated. Su
uch statem
ments may rrelate to Cim
imatron’s p
plans, objec
ctives and
expected finan
ncial and op
perating re
esults. The words "ma
ay," "could
d," "would,""
e," "anticip
pate," "estim
mate," "exp
pect," "inte
end," "plan,," and simiilar
“willl,” "believe
exprressions or variations
s thereof arre intended
d to identify
fy forward-llooking
stattements. Investors are
e cautioned
d that any s
such forwa
ard-looking
g statementts are
not guarantees
s of future performan
nce and inv
volve risks and
a
uncerttainties, ma
any of
whic
ch are beyo
ond Cimatrron’s ability
y to contro
ol. The risks
s and unce
ertainties th
hat
may
y affect forw
ward lookin
ng stateme
ents include
e, but are n
not limited to: currenc
cy
fluc
ctuations, g
global econ
nomic and p
political co
onditions, market
m
dem
mand for
Cim
matron prod
ducts and s
services, lo
ong sales cy
ycles, new
w product de
evelopmen
nt,
assiimilating fu
uture acquiisitions, ma
aintaining rrelationship
ps with cus
stomers an
nd
parttners, and increased
i
c
competition. For more
re details ab
bout the ris
sks and
unc
certainties rrelated to C
Cimatron’s business, refer to Cim
matron’s fil
ilings with the
t
Sec
curities and
d Exchange
e Commission. Cimatrron cannott assess the
e impact off or
the extent to which
w
any s
single facto
or or risk, o
or combination of them
m, may cau
use.
Cim
matron unde
ertakes no obligation to publicly
y update orr revise any
y forward
look
king statem
ments, whether as a re
esult of new
w informatiion, future events or
othe
erwise.
Conttact:
Ilan Erez, Chief F
Financial Offiicer
Cima
atron Ltd.
Tel.; 972-73-237--0114
ail: ilane@cim
matron.com
E-ma
4
CIMATRON LIMITED
CONSOLIDATED STATEMENTS OF INCOME
(US Dollars in thousands, except for per share data)
Three months ended
December 31,
2011
2010
Total revenue
Twelve months ended
December 31,
2011
2010
12,226
11,013
40,714
36,074
1,477
1,634
5,383
5,876
10,749
9,379
35,331
30,198
Research and development expenses, net
2,031
1,692
6,739
6,014
Selling, general and administrative expenses
6,799
6,282
24,453
22,053
1,919
1,405
4,139
2,131
Total cost of revenue
Gross profit
Operating income
Financial income (expenses), net
(186)
43
Taxes on income
(339)
(401)
Other
(195)
97
(1,327)
(657)
(6)
(6)
3
1
1,397
1,048
2,611
1,565
44
45
57
26
$ 1,441
$ 1,093
$ 2,668
$ 1,591
$ 0.15
$ 0.12
$ 0.29
$ 0.18
Basic EPS (in thousands)
9,300
8,959
9,252
9,000
Diluted EPS (in thousands)
9,315
8,983
9,292
9,000
Net income
Less: Net (income) loss attributable to the noncontrolling interest
Net income attributable to Cimatron's shareholders
Net income per share - basic and diluted
Weighted average number of shares outstanding
CIMATRON LIMITED
RECONCILIATION BETWEEN GAAP AND NON-GAAP INFORMATION
(US Dollars in thousands, except for per share data)
Twelve months ended
December 31,
Three months ended
December 31,
2011
Adj.
GAAP
Total revenue
Total cost of revenue (1)
12,226
NON-GAAP
-
12,226
2010
Adj.
GAAP
11,013
NON-GAAP
-
11,013
GAAP
2011
Adj.
40,714
NON-GAAP
-
40,714
GAAP
2010
Adj.
36,074
NON-GAAP
-
36,074
1,477
(147)
1,330
1,634
(147)
1,487
5,383
(588)
4,795
5,876
(588)
5,288
10,749
147
10,896
9,379
147
9,526
35,331
588
35,919
30,198
588
30,786
Research and development expenses, net
2,031
-
2,031
1,692
-
1,692
6,739
-
6,739
6,014
-
6,014
Selling, general and administrative expenses (1)
6,799
(99)
6,700
6,282
(99)
6,183
24,453
(402)
24,051
22,053
(396)
21,657
1,919
246
2,165
1,405
246
1,651
4,139
990
5,129
2,131
984
3,115
Gross profit
Operating income
Financial income (expenses), net
(186)
Taxes on income (2)
(339)
Other
Net income
Less: Net (income) loss attributable to the noncontrolling interest
Net income attributable to Cimatron's shareholders
(44)
3
1,397
44
$ 1,441
-
202
$ 202
(186)
43
(383)
(401)
3
221
1
1,599
1,048
44
45
$ 1,643
$ 1,093
-
467
$ 467
43
(195)
-
(195)
97
(1,327)
843
(484)
(657)
347
(310)
(6)
-
(6)
(6)
-
(6)
1,515
2,611
1,833
4,444
1,565
1,331
2,896
45
57
57
26
(180)
1
$ 1,560
$ 2,668
$ 1,833
$ 4,501
$ 1,591
-
$ 1,331
97
26
$ 2,922
Net income per share - basic
$ 0.15
$ 0.18
$ 0.12
$ 0.17
$ 0.29
$ 0.49
$ 0.18
$ 0.32
Net income per share - diluted
$ 0.15
$ 0.18
$ 0.12
$ 0.17
$ 0.29
$ 0.48
$ 0.18
$ 0.32
Basic EPS (in thousands)
9,300
9,300
8,959
8,959
9,252
9,252
9,000
9,000
Diluted EPS (in thousands)
9,315
9,315
8,983
8,983
9,292
9,292
9,000
9,000
Weighted average number of shares outstanding
(1) Non-GAAP adjustment to exclude non-cash amortization of acquired intangible assets.
(2) Non-GAAP adjustment to exclude the effect of deferred taxes and other non-cash tax provisions.
CIMATRON LIMITED
CONSOLIDATED BALANCE SHEETS
(US Dollars in thousands)
December 31,
2011
December 31,
2010
$
$
ASSETS
CURRENT ASSETS:
Total cash, cash equivalents and short-term investments
Trade receivables
Other current assets
Total current assets
11,787
5,840
1,452
10,221
5,708
2,275
19,079
18,204
Deposits with insurance companies and severance pay fund
3,069
3,279
Net property and equipment
1,009
949
11,365
12,469
Total other assets
Total assets
$
34,522
$
34,901
$
87
1,072
9,048
2,403
12,610
$
99
1,685
8,260
2,275
12,319
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short-term bank credit
Trade payables
Accrued expenses and other liabilities
Deferred revenues
Total current liabilities
LONG-TERM LIABILITIES:
Accrued severance pay
Long-term loan
Deferred tax liability
4,135
6
639
4,297
98
1,002
Total long-term liabilities
4,780
5,397
Total shareholders’ equity
17,132
17,185
Total liabilities and shareholders’ equity
$
34,522
$
34,901
CIMATRON LIMITED
STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(US Dollars in thousands)
Balance at December 31, 2010
Changes during the twelve months ended
December 31, 2011:
Net income (loss)
Cash dividend paid
Exercise of share options
Unrealized loss on derivative instruments
Other
Foreign currency translation adjustment
Total comprehensive income
Balance at December 31, 2011
Noncontrolling
Interest
$
(74)
Share
capital
$
304
Additional
paid-in
capital
$
18,275
Accumulated
other
comprehensive
income (loss)
$
(265)
Retained
earnings
(accumulated
deficit)
$
(303)
(57)
Treasury
stock
$
(752)
2,668
(3,216)
9
(131)
$
313
Total
shareholders’
equity
$
17,185
2,611
2,611
(3,216)
733
(431)
(109)
359
724
(431)
(109)
359
$
Comprehensive
income (loss)
$
18,999
$
(446)
(431)
(109)
359
2,430
$
(851)
$
(752)
$
17,132
CIMATRON LIMITED
STATEMENTS OF CASH FLOWS
(US Dollars in thousands)
Twelve months ended
December 31,
2011
2010
Cash flows from operating activities:
Net income
$
2,611
$
1,565
Adjustments to reconcile net income
to net cash provided by operating activities:
Depreciation and amortization
Increase (decrease) in accrued severance pay
Loss from sale of property and equipment, net
Stock option compensation
Deferred taxes, net
1,376
(135)
504
1,512
228
8
60
406
Changes in assets and liabilities:
Decrease in accounts receivable and prepaid expenses
Decrease in inventory
Decerase (increase) in deposits with insurance companies and severance pay fund
Increase in trade payables, accrued expenses and other liabilities
Net cash provided by operating activities
(222)
(2)
210
228
4,570
(583)
13
(344)
1,908
4,773
(428)
(428)
(384)
(384)
Cash flows from financing activities:
Short-term bank credit
Long-term bank credit
Cash dividend paid
Proceeds from issuance of shares upon exercise of options
Investment in treasury stock
Net cash used in financing activities
(10)
(87)
(3,216)
733
(2,580)
(340)
(98)
11
(210)
(637)
Net increase in cash and cash equivalents
Effect of exchange rate changes on cash
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
$
1,562
4
10,221
11,787
$
3,752
(215)
6,684
10,221
Appendix A - Non-cash transactions
Purchase of property on credit
$
19
$
68
Cash flows from investing activities:
Purchase of property and equipment
Net cash used in investing activities