Notes

adidas AG, a listed German stock corporation, and its subsidiaries design, develop, produce and market – increasingly through own-retail activities – a broad range of athletic and sports lifestyle products. The Group’s Headquarters are located at Adi-Dassler-Str. 1, 91074 Herzogenaurach, Germany. The adidas Group has divided its operating activities by major brand into three segments: adidas, Reebok and TaylorMade-adidas Golf. The business of Reebok International Ltd. (USA) and its subsidiaries is consolidated within the adidas Group as of February 1, 2006, and has a material impact on the Group’s financial position, results of operations and cash flows.

adidas branded products include footwear, apparel and hardware, such as bags and balls. The products are designed and developed by adidas and are almost exclusively manufactured by subcontractors on behalf of adidas.

Reebok branded products also include footwear, apparel and hardware, such as bags and balls. The products are designed and developed by Reebok and are almost exclusively manufactured by subcontractors on behalf of Reebok.

TaylorMade designs, develops and assembles or manufactures high-quality golf clubs, balls and accessories. adidas Golf branded products include footwear, apparel and accessories. Maxfli is specialized in golf balls and golf accessories.   

• 1 General
• 2 Summary of Significant Accounting Policies
• 3 Assets / Liabilities Classified as Held-for-Sale
• 4 Acquisition / Disposal of Subsidiaries as well as assets and liabilities

Notes to the Consolidated Balance Sheet

• 5 Cash and Cash Equivalents
• 6 Short-Term Financial Assets
• 7 Accounts Receivable
• 8 Inventories
• 9 Other Current Assets
• 10 Property, Plant and Equipment
• 11 Goodwill
• 12 Trademarks and Other Intangible Assets
• 13 Long-Term Financial Assets
• 14 Other Non-Current Assets
• 15 Borrowings and Credit Lines
• 16 Accrued Liabilities and Provisions
• 17 Other Current Liabilities
• 18 Pensions and Similar Obligations
• 19 Other Non-Current Liabilities
• 20 Minority Interests
• 21 Shareholders’ Equity
• 22 Leasing and Service Arangements
• 23 Financial Instruments

Notes to the Consolidated Income Statement

• 24 Other Operating Income and Expenses
• 25 Cost by Nature
• 26 Financial Income / Financial Expenses
• 27 Income Taxes
• 28 Earnings Per Share

Notes – Additional Information

• 29 Segmental Information
• 30 Additional Cash Flow Information
• 31 Commitments and Contingencies
• 32 Equity Compensation Benefits
• 33 Other Information
• 34 Information Relating to the German Corporate Governance Code
• 35 Events after the Balance Sheet Date