Annual Report 2024

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The image shows a group of people, mostly children, appearing to be either participating in or observing some form of activity. In the center, there's an adult female figure - possibly their coach - who seems to be giving instructions or motivating the group, as indicated by his gesture and raised hands.

29 » Other Operating Income

Other operating income consists of the following:

Other operating income € in millions

 

 

Year ending Dec. 31, 2024

 

Year ending Dec. 31, 2023

Income from transitional service agreements

 

 

50

Income from release of accrued liabilities and other provisions

 

124

 

7

Gains from disposal of fixed assets

 

30

 

7

Sundry income

 

20

 

7

Other operating income

 

174

 

71

The decrease in income from transition services agreements relates to contracts with the buyer of the Reebok business from 2022. adidas discontinued these services during the year 2023.

The increase in income from release of accrued liabilities and other provisions reflects the release of prior years’ accruals in an amount of around € 100 million following the Yeezy settlement.