Annual Report 2024

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Consolidated Statement of Comprehensive Income

adidas AG Consolidated Statement of Comprehensive Income (IFRS) € in millions

 

 

Note

 

Year ending Dec. 31, 2024

 

Year ending Dec. 31, 2023

 

 

 

 

 

 

 

Net income/(loss)

 

 

 

832

 

(14)

Items of other comprehensive income that will not be reclassified subsequently to profit or loss

 

 

 

 

 

 

Remeasurements of defined benefit plans (IAS 19), net of tax1

 

23

 

(2)

 

(5)

Net gain/(loss) on other equity investments (IFRS 9), net of tax

 

28

 

1

 

(5)

Subtotal of items of other comprehensive income that will not be reclassified subsequently to profit or loss

 

 

 

(2)

 

(10)

Items of other comprehensive income that will be reclassified to profit or loss when specific conditions are met

 

 

 

 

 

 

Net gain/(loss) on cash flow hedges and net foreign investment hedges, net of tax

 

28

 

156

 

(126)

Net gain on cost of hedging reserve – options, net of tax

 

28

 

1

 

7

Net gain on cost of hedging reserve – forward contracts, net of tax

 

28

 

11

 

46

Currency translation differences

 

 

 

117

 

(155)

Subtotal of items of other comprehensive income that will be reclassified to profit or loss when specific conditions are met

 

 

 

285

 

(228)

 

 

 

 

 

 

 

Other comprehensive income

 

 

 

283

 

(238)

 

 

 

 

 

 

 

Total comprehensive income

 

 

 

1,115

 

(252)

 

 

 

 

 

 

 

Attributable to shareholders of adidas AG

 

 

 

1,023

 

(300)

Attributable to non-controlling interests

 

 

 

92

 

48

1

Includes actuarial gains or losses relating to defined benefit obligations, return on plan assets (excluding interest income), and the asset ceiling effect.

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