Consolidated Statement of Financial Position

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adidas AG Consolidated Statement of Financial Position (IFRS) € in millions

 

 

Note

 

Dec. 31, 2019

 

Dec. 31, 20181

 

Change in %

1

First-time application of IFRS 16 as of January 1, 2019. Prior year figures are not restated. The accompanying Notes are an integral part of these consolidated financial statements.

The accompanying Notes are an integral part of these consolidated financial statements.

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

05

 

2,220

 

2,629

 

(15.6)

Short-term financial assets

 

06

 

292

 

6

 

5,105.6

Accounts receivable

 

07

 

2,625

 

2,418

 

8.5

Other current financial assets

 

08

 

544

 

542

 

0.2

Inventories

 

09

 

4,085

 

3,445

 

18.6

Income tax receivables

 

36

 

94

 

48

 

93.9

Other current assets

 

10

 

1,076

 

725

 

48.4

Total current assets

 

 

 

10,934

 

9,813

 

11.4

 

 

 

 

 

 

 

 

 

Property, plant and equipment

 

11

 

2,380

 

2,237

 

6.4

Right-of-use assets

 

12

 

2,931

 

–

 

n. a.

Goodwill

 

13

 

1,257

 

1,245

 

0.9

Trademarks

 

14

 

859

 

844

 

1.8

Other intangible assets

 

14

 

305

 

196

 

55.9

Long-term financial assets

 

15

 

367

 

276

 

33.0

Other non-current financial assets

 

16

 

450

 

256

 

75.9

Deferred tax assets

 

36

 

1,093

 

651

 

67.8

Other non-current assets

 

17

 

103

 

94

 

10.5

Total non-current assets

 

 

 

9,746

 

5,799

 

68.1

 

 

 

 

 

 

 

 

 

Total assets

 

 

 

20,680

 

15,612

 

32.5

 

 

 

 

 

 

 

 

 

Liabilities and equity

 

 

 

 

 

 

 

 

Short-term borrowings

 

18

 

43

 

66

 

(34.7)

Accounts payable

 

 

 

2,703

 

2,300

 

17.5

Current lease liabilities

 

21

 

733

 

–

 

n. a.

Other current financial liabilities

 

19

 

235

 

186

 

26.2

Income taxes

 

36

 

618

 

268

 

131.1

Other current provisions

 

20

 

1,446

 

1,232

 

17.4

Current accrued liabilities

 

21

 

2,437

 

2,305

 

5.7

Other current liabilities

 

23

 

538

 

477

 

12.9

Total current liabilities

 

 

 

8,754

 

6,834

 

28.1

 

 

 

 

 

 

 

 

 

Long-term borrowings

 

18

 

1,595

 

1,609

 

(0.9)

Non-current lease liabilities

 

21

 

2,399

 

–

 

n. a.

Other non-current financial liabilities

 

24

 

92

 

103

 

(10.2)

Pensions and similar obligations

 

25

 

229

 

246

 

(6.9)

Deferred tax liabilities

 

36

 

280

 

241

 

16.3

Other non-current provisions

 

20

 

257

 

128

 

100.1

Non-current accrued liabilities

 

21

 

9

 

19

 

(54.5)

Other non-current liabilities

 

26

 

7

 

68

 

(90.4)

Total non-current liabilities

 

 

 

4,868

 

2,414

 

101.6

 

 

 

 

 

 

 

 

 

Share capital

 

 

 

196

 

199

 

(1.6)

Reserves

 

 

 

45

 

123

 

(63.1)

Retained earnings

 

 

 

6,555

 

6,054

 

8.3

Shareholders’ equity

 

27

 

6,796

 

6,377

 

6.6

 

 

 

 

 

 

 

 

 

Non-controlling interests

 

29

 

261

 

(13)

 

n. a.

 

 

 

 

 

 

 

 

 

Total equity

 

 

 

7,058

 

6,364

 

10.9

 

 

 

 

 

 

 

 

 

Total liabilities and equity

 

 

 

20,680

 

15,612

 

32.5