CONSOLIDATED STATEMENT OF RECOGNIZED INCOME AND EXPENSE
€ in millions

   Note  Year ending Dec. 31, 2007  Year ending
Dec. 31, 2006
       
Net loss on cash flow hedges, net of tax   23  (38)  (67)
Net gain on hedge of net investments in foreign subsidiaries, net of tax     —
 0
Actuarial gain of defined benefit plans, net of tax  18  10   1
Currency translation     (237)  (215)
Net income recognized directly in equity
   (265)   (281)
       
Net income after taxes     555 
 496
     
 
Total income and expense recognized in the financial statements    290
 215
       
Attributable to shareholders of adidas AG    286
 202
Attributable to minority interests     4
 13

Rounding differences may arise in percentages and totals.
The accompanying notes are an integral part of these consolidated financial statements.