- 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
33 Other Information
Employees
The average numbers of employees are as follows:
| Employees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2007 | Year ending Dec. 31 2006 |
|
| Own retail | 11,180 | 6,790 |
| Sales | 4,065 | 5,527 |
| Logistics | 4,550 | 4,000 |
| Marketing | 2,842 | 2,552 |
| Central functions and administration | 2,929 | 2,619 |
| Production | 1,910 | 1,847 |
| Research and development | 973 | 1,014 |
| Information technology | 769 | 718 |
| Total | 29,218 | 25,067 |
Accountant Service Fees
Following the formation of KPMG Europe LLP effective October 1, 2007, KPMG LLP (UK) is an affiliated company of KPMG Germany as defined under § 271 section 2 HGB. The disclosure requirement for audit and accounting services fees provided by KPMG LLP (UK) relate to services rendered after September 30, 2007.
In 2007, adidas AG recorded € 1.2 million (2006: € 0.5 million) as expense for the professional service fee for the auditor of the annual and consolidated financial statements.
Expenses for tax consultancy services provided by the auditor, for other confirmation services provided by the auditor and for other services provided by the auditor amounted to € 0.1 million (2006: € 0.3 million), € 0.0 million (2006: € 0.3 million) and € 0.5 million (2006: € 0.0 million), respectively.
Remuneration of the Supervisory Board and the Executive Board of adidas AG
Supervisory Board
Pursuant to the Articles of Association, Supervisory Board members’
fixed annual payment amounted to € 0.3 million (2006: € 0.3 million). Furthermore, € 0.2 million
in 2007 and € 0.5 million in 2006 was paid due to project-related fixed-term advisory contracts
to one member of the Supervisory Board in 2007 and two members of the Supervisory Board in
2006, respectively. Total compensation of the Supervisory Board in 2007 thus amounted to
€ 0.5 million (2006: € 0.8 million).
No members of the Supervisory Board were granted loans in 2007.
EXECUTIVE BOARD
In 2007, the overall compensation of the members of the Executive Board
totaled
€ 11.1 million (2006: € 9.4 million).
In 2007, former members of the Executive Board received pension payments totaling € 1.7 million (2006: € 1.9 million).
Pension provisions for pension obligations relating to former members of the Executive Board amount to € 37.6 million (2006: € 42.1 million) in total.
No members of the Executive Board were granted loans in 2007.
Under the Management Share Option Plan (MSOP) of adidas AG, members of the Executive
Board held non-transferable stock options for 0 and 2,800 shares of adidas AG as at December
31, 2007 and 2006, respectively. In addition, former members of the Executive Board held nontransferable
stock options on 0 and 1,300 shares of adidas AG as at December 31, 2007 and
2006, respectively. Members of the Executive Board have not received any stock options since
2003. In 2007, current and former members of the Executive Board exercised 4,100 stock options
(2006: 12,100). Details of the Management Share Option Plan are also included in these Notes.
see Note 32
Further information on disclosures according to § 314 section 1 no. 6a HGB (German commercial
law) is provided in the Compensation Report.
see Compensation Report




