Notes
adidas AG (formerly adidas-Salomon AG), a listed German stock
corporation, and its subsidiaries design, develop, produce and market 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 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 » Discontinued Operations
4 » Assets/Liabilities Classified as Held-For-Sale
5 » Acquisition/Disposal of Subsidiaries
Notes to the Consolidated Balance Sheet
6 » Cash and Cash Equivalents
7 » Short-Term Financial Assets
8 » Accounts Receivable
9 » Inventories
10 » Other Current Assets
11 » Property, Plant and Equipment
12 » Goodwill
13 » Trademarks and Other Intangible Assets
14 » Long-Term Financial Assets
15 » Other Non-Current Assets
16 » Borrowings and Credit Lines
17 » Accrued Liabilities and Provisions
18 » Other Current Liabilities
19 » Pensions and Similar Obligations
20 » Other Non-Current Liabilities
21 » Minority Interests
22 » Shareholders’ Equity
23 » Leasing and Service Arrangements
24 » Financial Instruments
Notes to the Consolidated Income Statement
25 » Other Operating Income and Expenses
26 » Cost by Nature
27 » Financial Expenses, Net
28 » Income Taxes
29 » Earnings Per Share
Notes – Additional Information
30 » Segmental Information
31 » Additional Cash Flow Information
32 » Commitments and Contingencies
33 » Equity Compensation Benefits
34 » Other Information
35 » Information Relating to the German Corporate Governance Code
36 » Events after the Balance Sheet Date
Herzogenaurach, February 16, 2007 » The Executive Board of adidas AG