• 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 

4 Acquisition / Disposal of Subsidiaries as well as assets and liabilities

The adidas Group assumed full ownership of the shares of its brand adidas subsidiary in Finland, adidas Suomi OY, Helsinki (Finland), by purchasing the remaining 50 % of shares effective January 1, 2007 for an amount of € 1.2 million. Further, the adidas Group assumed 72.5 % ownership of the shares of its brand adidas subsidiary in Greece, adidas Hellas A.E., Thessaloniki (Greece), by purchasing a further 22.5 % of shares effective January 1, 2007 for an amount of € 6 million.

On November 9, 2007, the Group acquired the assets and liabilities of Mitchell & Ness as part of an asset deal. The purchase price of € 2 million was paid for inventories (€ 1 million), accounts receivable (€ 1 million), accounts payable (negative € 3 million) and remaining other intangible assets (€ 3 million) based on preliminary purchase price allocation.

Effective January 31, 2006, the adidas Group assumed control of Reebok International Ltd. (USA), with all its direct and indirect shareholdings. The purchase price for 100 % of the shares of Reebok International Ltd. (USA) was US$ 3.6 billion (€ 3.0 billion), fully paid in cash.