Executive Board Statement
The Executive Board of adidas-Salomon AG is responsible for the compilation, completeness
and accuracy of the Group's annual consolidated financial statements, the description of the
economic development and the Group Management Report as well as the other information
presented in the annual report. Pursuant to § 315a German Commercial Code (HGB), the consolidated
financial statements 2005 were prepared in accordance with International Financial
Reporting Standards (IFRS) adopted by the International Accounting Standards Board (IASB).
The Group Management Report additionally complies with the requirements of the German
Accounting Standard DRS 15.
To ensure accuracy and reliability of the underlying information, the content of the consolidated
financial statements is based on the information reported in accordance with Group-wide
guidelines which are consistent for all companies included in consolidation. The integrity
of the reporting process and risk management systems is safeguarded by internal control
systems established under the direction of the Executive Board. These control systems form
an essential part of our value-oriented management style. As a consequence, a true and fair
view of the Group's financial position, results of operations and cash fl ows and its reporting
thereon is assured and the Executive Board is in a position to recognize potential investment
risks and negative developments at an early stage and take appropriate countermeasures.
In accordance with the resolution adopted by the shareholders at the Annual General
Meeting in 2005, KPMG Deutsche Treuhand-Gesellschaft Aktiengesellschaft Wirtschaftsprüfungsgesellschaft,
Frankfurt am Main, was appointed by the Supervisory Board as
independent auditor to audit the financial statements and consolidated financial statements
and the management reports. The Supervisory Board examined and discussed the financial
statements and consolidated financial statements, including the management reports, as well
as the audit reports at its meeting on the annual financial statements. The results of these
reviews are described in the Supervisory Board Report.
Herzogenaurach, March 2006
 |
 |
Herbert Hainer  CEO and Chairman |
Robin J. Stalker Chief Financial Officer |