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Annual Report 2021
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    • At a Glance
      • Targets – Results – Outlook
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        • Impossible is nothing
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        • Attraction and Retention of Talents
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      • Outlook
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        • Illustration of Risks
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    • Consolidated Financial Statements
      • Consolidated Statement of Financial Position
      • Consolidated Income Statement
      • Consolidated Statement of Comprehensive Income
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      • Notes
        • General Information
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  • en At a Glance
  • At a Glance Targets – Results – Outlook
  • At a Glance Financial Highlights 2021
  • At a Glance 2021 Stories
  • 2021 Stories Impossible is nothing
  • 2021 Stories Our sustainability initiatives
  • 2021 Stories Product highlights
  • At a Glance About this Report
  • en To our Shareholders
  • To our Shareholders Letter from the CEO
  • To our Shareholders Executive Board
  • To our Shareholders Supervisory Board
  • To our Shareholders Supervisory Board Report
  • To our Shareholders Declaration on Corporate Governace
  • To our Shareholders Compensation Report
  • Compensation Report Board Compensation
  • Compensation Report Supervisory Board Compensation
  • Compensation Report Relative Development of Compensation
  • Compensation Report Outlook for 2022
  • Compensation Report Independent Auditor’s Assurance Report on Examination of the Compensation Report
  • To our Shareholders Our Share
  • en Group Management Report – Our Company
  • Group Management Report – Our Company Strategy
  • Group Management Report – Our Company Global Brands
  • Group Management Report – Our Company Global Sales
  • Group Management Report – Our Company Global Operations
  • Group Management Report – Our Company Our People
  • Our People Attraction and Retention of Talents
  • Our People Leadership
  • Our People Diversity, Equity, and Inclusion
  • Our People Work-life- and Health Management
  • Our People Learning and Performance
  • Our People Employee Population
  • Group Management Report – Our Company Sustainability
  • Sustainability Strategic Focus Area and Targets
  • Sustainability Environmental Impacts
  • Sustainability Sustainable Finance
  • Sustainability Social Impacts
  • Sustainability Supply Chain
  • Group Management Report – Our Company Non-Financial Statement
  • en Group Management Report – Financial Review
  • Group Management Report – Financial Review Internal Management System
  • Group Management Report – Financial Review Business Performance
  • Business Performance Economic and Sector Development
  • Business Performance Income Statement
  • Business Performance Statement of Financial Position and Statement of Cash Flows
  • Business Performance Treasury
  • Business Performance Financial Statements and Management Report of adidas AG
  • Business Performance Disclosures persuant to German Commercial Code
  • Group Management Report – Financial Review Business Performance by Segment
  • Business Performance by Segment EMEA
  • Business Performance by Segment North America
  • Business Performance by Segment Greater China
  • Business Performance by Segment Asia-Pacific
  • Business Performance by Segment Latin America
  • Group Management Report – Financial Review Outlook
  • Group Management Report – Financial Review Risk and Opportunity Report
  • Risk and Opportunity Report Illustration of Risks
  • Risk and Opportunity Report Illustration of Opportunities
  • Group Management Report – Financial Review Management Assessment
  • en Consolidated Financial Statements
  • Consolidated Financial Statements Consolidated Statement of Financial Position
  • Consolidated Financial Statements Consolidated Income Statement
  • Consolidated Financial Statements Consolidated Statement of Comprehensive Income
  • Consolidated Financial Statements Consolidated Statement of Changes in Equity
  • Consolidated Financial Statements Consolidated Statement of Cash Flows
  • Consolidated Financial Statements Notes
  • Notes General Information
  • General Information 01 » General
  • General Information 02 » Summary of Significant Accounting Policies
  • General Information 03 » Discontinued Operations
  • Notes Notes to the Consolidated Statement of Financial Position
  • Notes to the Consolidated Statement of Financial Position 04 » Cash and cash equivalents
  • Notes to the Consolidated Statement of Financial Position 05 » Accounts Receivable
  • Notes to the Consolidated Statement of Financial Position 06 » Other Current Financial Assets
  • Notes to the Consolidated Statement of Financial Position 07 » Inventories
  • Notes to the Consolidated Statement of Financial Position 08 » Other Current Assets
  • Notes to the Consolidated Statement of Financial Position 09 » Property, Plant and Equipment
  • Notes to the Consolidated Statement of Financial Position 10 » Right-of-Use Assets
  • Notes to the Consolidated Statement of Financial Position 11 » Goodwill
  • Notes to the Consolidated Statement of Financial Position 12 » Trademarks and other Intangible Assets
  • Notes to the Consolidated Statement of Financial Position 13 » Long-Term Financial Assets
  • Notes to the Consolidated Statement of Financial Position 14 » Other Non-Current Financial Assets
  • Notes to the Consolidated Statement of Financial Position 15 » Other Non-Current Assets
  • Notes to the Consolidated Statement of Financial Position 16 » Borrowings and Credit Lines
  • Notes to the Consolidated Statement of Financial Position 17 » Other Current Financial Liabilities
  • Notes to the Consolidated Statement of Financial Position 18 » Other Provisions
  • Notes to the Consolidated Statement of Financial Position 19 » Lease Liabilities
  • Notes to the Consolidated Statement of Financial Position 20 » Accrued Liabilities
  • Notes to the Consolidated Statement of Financial Position 21 » Other Current Liabilities
  • Notes to the Consolidated Statement of Financial Position 22 » Other Non-Current Financial Liabilities
  • Notes to the Consolidated Statement of Financial Position 23 » Pensions and Similar Obligations
  • Notes to the Consolidated Statement of Financial Position 24 » Other Non-Current Liabilities
  • Notes to the Consolidated Statement of Financial Position 25 » Shareholders’ Equity
  • Notes to the Consolidated Statement of Financial Position 26 » Share-Based Payment
  • Notes to the Consolidated Statement of Financial Position 27 » Non-Controlling Interests
  • Notes to the Consolidated Statement of Financial Position 28 » Financial Instruments
  • Notes Notes to the Consolidated Income Statement
  • Notes to the Consolidated Income Statement 29 » Other Operating Income
  • Notes to the Consolidated Income Statement 30 » Other Operating Expenses
  • Notes to the Consolidated Income Statement 31 » Cost by Nature
  • Notes to the Consolidated Income Statement 32 » Financial Income/Financial Expenses
  • Notes to the Consolidated Income Statement 33 » Hyperinflation
  • Notes to the Consolidated Income Statement 34 » Income Taxes
  • Notes to the Consolidated Income Statement 35 » Earnings per Share
  • Notes Additional Information
  • Additional Information 36 » Segmental Information
  • Additional Information 37 » Additional Cash Flow Information
  • Additional Information 38 » Other Financial Commitments and Contingencies
  • Additional Information 39 » Related Party Disclosures
  • Additional Information 40 » Other Information
  • Additional Information 41 » Information relating to the German Corporate Governance Code
  • Additional Information 42 » Events after the Balance Sheet Date
  • Consolidated Financial Statements Shareholdings
  • Consolidated Financial Statements Responsibility Statement
  • Consolidated Financial Statements Independent Auditor’s Report
  • Consolidated Financial Statements Limited Assurance Report
  • en Additional Information
  • Additional Information Ten-Year Overview
  • Additional Information Declaration of Support
  • Additional Information GRI Standard Content Index
  • Additional Information Financial Calendar
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  • 36 » Segmental Information
  • 37 » Additional Cash Flow Information
  • 38 » Other Financial Commitments and Contingencies
  • 39 » Related Party Disclosures
  • 40 » Other Information
  • 41 » Information relating to the German Corporate Governance Code
  • 42 » Events after the Balance Sheet Date

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Letter from the CEO

I can confidently say that 2021 was a much better year than 2020. On the back of successful vaccination campaigns around the globe, the worldwide economy started to recover. Sport returned to the global stage.

Read letter

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