- Responsibility Statement
- Independent Auditor´s Report
- Consolidated Balance Sheet
- Consolidated Income Statement
- Consolidated Statement of Cash Flows
- Consolidated Statement of Recognized Income and Expense
- Notes
- Statement of Movements of Intangible and Tangible Assets and Financial Assets
- Shareholdings
21 Shareholders’ Equity
On December 31, 2006, the nominal capital of adidas AG amounted to € 203,536,860 and was divided into 203,536,860 no-par-value bearer shares (“shares”) and was fully paid in.
In January 2007, the nominal capital increased to a total of € 203,567,060 divided into 203,567,060 shares, as a result of the exercise of a total of 7,550 stock options in November 2006 and the issuance of 30,200 shares associated with the Management Share Option Plan (MSOP) of adidas AG. Capital reserves thus increased by € 175,296.
Furthermore, in July 2007, the nominal capital increased to a total of € 203,625,060 divided into 203,625,060 shares, as a result of the exercise of a total of 14,500 stock options in May 2007 and the issuance of 58,000 shares associated with the Management Share Option Plan. In October 2007, the nominal capital again increased as a result of the exercise of a total of 975 stock options in August 2007 and the issuance of 3,900 shares associated with the Management Share Option Plan.
At the balance sheet date, the nominal capital of adidas AG amounted to a total of € 203,628,960 and was divided into 203,628,960 shares. The nominal capital is fully paid in.
In January 2008, the nominal capital of adidas AG was then increased by a further € 16,000 as a result of the exercise of 4,000 stock options in November 2007 and the issuance of 16,000 shares associated with the Management Share Option Plan.
On February 15, 2008, the nominal capital of adidas AG therefore amounted to € 203,644,960 and was divided into 203,644,960 shares.
The corresponding adjustment of the amount of the nominal capital resulting from the above transactions up to and including January 2008 was registered with the Commercial Register on February 4, 2008.
Each share is entitled to one vote and, starting from the year it was issued, is also entitled to a dividend. Treasury shares held directly or indirectly and repurchased based on the authorization of the Executive Board granted by resolution of the Annual General Meeting on May 10, 2007, are not entitled to a dividend payment in accordance with § 71 b German Stock Corporation Act (AktG – Aktiengesetz).
