Adidas Consolidated Financial Statements

Adidas Consolidated Financial Statements 2008-2017

YearNet SalesGross ProfitRoyalty and commission incomeOperating expensesOperating ProfitFinancial ResultIncome Before TaxesIncome taxesMinority InterestsNet Income attributable to shareholders
19985,0652,124451,698416-115319105-9205
19995,3542,352351,870482-84398153-18228
20005,8352,528432,091437-94347140-25182
20016,1122,601422,126475-102376147-21208
20026,5232,819462,343477-87390148-14229
20036,2672,814422,324490-49438167-11260
20045,8602,813422,236584-59526193-7314
20056,6363,197472,537707-52655221-8383
200610,0844,495903,704881-158723227-13483
200710,2994,8821024,035949-135815260-4551

ADIDAS INCOME STATEMENT RATIOS 1998-2017

YearGross Marginoperating expenses as a percentage of net salesOperating marginInterest coverageEffective tax rateNet income attributable to shareholders as a percentage of net sales
200747.40%39.20%9.20%6.831.80%5.40%
200644.60%36.70%8.70%5.931.40%4.80%
200548.20%38.20%10.70%18.433.70%5.80%
200448.00%38.20%10.00%10.236.70%5.40%
200344.90%37.10%7.80%8.438.00%4.20%
200243.20%35.90%7.30%6.437.90%3.50%
200142.60%34.80%7.80%4.939.00%3.40%
200043.30%35.80%7.50%4.640.30%3.10%
199943.90%34.90%9.00%6.138.40%4.30%
199841.90%33.50%8.20%4.833.00%4.00%

ADIDAS BALANCE SHEET DATA (€ IN MILLIONS) 1998-2007

YearTotal assetsInventoriesReceivables and other current assetsWorking capitalNet total borrowingsShareholders’ equity
20078,3251,6292,0491,7081,7663,023
20068,3791,6071,9131,7332,2312,828
20055,7501,2301,5512,644-5512,684
20044,4341,1551,4251,3366651,544
20034,1881,1641,3351,4331,0181,285
20024,2611,1901,5601,4451,4981,081
20014,1831,2731,5201,4851,6791,015
20004,0181,2941,3871,4171,791815
19993,5871,0451,2341,0961,591680
19983,2069751,026-3271,655463

ADIDAS BALANCE SHEET RATIOS 1998-2007

YearFinancial leverageEquity ratioEquity-to-fixed-assets ratioAsset coverage IAsset coverage IIFixed asset intensity of investmentsCurrent asset intensity of investmentsLiquidity ILiquidity IILiquidity IIIWorking capital turnoverReturn on equityReturn on capital employed
200758.40%36.30%72.20%140.50%101.20%50.30%49.70%15.70%75.70%142.80%618.20%20.20%
200678.90%33.80%63.50%138.70%102.00%53.20%46.80%15.80%80.40%153.70%5.817.10%17.60%
2005-20.50%46.70%194.00%284.10%150.40%24.10%75.90%92.00%148.00%219.40%2.614.30%49.30%
200443.10%34.80%110.40%194.10%106.30%31.60%68.40%26.80%88.40%156.40%4.420.40%27.50%
200379.20%30.70%91.10%197.60%108.30%33.70%66.30%20.80%100.80%187.40%4.420.20%22.10%
2002138.50%25.40%75.40%196.90%107.60%33.70%66.30%5.50%99.10%185.30%4.521.10%16.80%
2001165.50%24.30%77.80%209.30%105.90%31.20%68.80%6.10%96.00%187.40%4.120.50%16.70%
2000219.60%20.30%66.20%207.70%101.30%30.70%69.30%7.70%90.40%185.00%4.122.30%17.00%
1999234.00%19.00%54.90%183.40%99.50%34.50%65.50%5.50%88.00%171.50%4.933.50%20.70%
1998357.20%14.40%40.20%68.30%37.00%36.00%64.00%2.20%35.90%76.80%-15.544.20%20.50%

ADIDAS DATA PER SHARE 1998-2007

YearShare price at year-end (in €)Basic earnings 6) (in €)Diluted earnings 6) (in €)Price / earnings ratio at year-endMarket capitalization at year-end (€ in millions)Operating cash flow (in €)Dividend (in €)Dividend payout ratio (in %)Number of outstanding shares at year-end (in thousands)
200751.262.712.572010,4383.830.515.5203.629
200637.732.372.2516.87,6793.740.4217.7203.537
2005402.051.9320.78,1221.880.3317.2203.047
200429.691.721.6418.15,4463.170.3318.9183.436
200322.581.431.4315.84,1043.580.2517.5181.816
200220.581.261.2616.33,7382.940.2519.8181.692
200121.081.151.1518.33,8232.120.2320181.396
200016.51116.52,993-0.060.2322.9181.396
199918.581.261.2614.83,3811.810.2318.3181.396
199823.781.131.1320.14,1230.660.2118.6181.396

ADIDAS INCOME STATEMENT DATA 2008-2017

YearNet SalesGross ProfitRoyalty and commission incomeOther Operating IncomeOther Operating ExpensesEBITDAOperating Profitnet Financial ResultsIncome before taxesIncome taxesNet Income attributable to controlling interestsNet Income attributable to shareholders
200810799525689103437812801070-166904260-2642
2009103814712861004390780508-1503581130245
201011990573010011050461159894-88806238-1567
2011133226329939855671199953-84869261-5613
2012148837103105127615014451185-691116327-2791
2013142037001103142601314961233-6811653403839
201414534692410213862031283961-489132716568
201516915816811996728914751094-2110733536668
2016184839100105262788519531582-46153645421017
20172121810703115133888225112070-47202359331173

ADIDAS INCOME STATEMENT RATIOS 2008 -2017

YearGross MarginOperating marginInterest coverageEffective tax rateNet income attributable to shareholders as a percentage of net sales
200848.70%9.90%7.428.80%5.90%
200945.40%4.90%3.931.50%2.40%
201047.80%7.50%10.129.50%4.70%
201147.50%7.20%12.230%4.60%
201247.70%8.00%14.629.30%5.30%
201349.30%8.70%2429.20%5.90%
201447.60%6.60%19.329.70%3.90%
201548.30%6.50%23.832.90%4%
201649.20%8.60%32.729.60%5.50%
201750.40%9.80%55.629.30%5.50%

ADIDAS BALANCE SHEET DATA IN MILLION EUROS 2008-2017

YearTotal AssetsInventoriesReceivables & Other current StatesWorking capitalNet cash/net borrowingsShareholders equity
20089533199525231290-21893386
20098875147120381649-9173771
201010618211923241972-2214616
201111237250224311990905137
2012116512486244425044485304
2013115992634258321252955489
201412417252628612970-1855624
201513343311330032133-4605666
201615176376336072121-1036472
2017145223692327723544846450

ADIDAS BALANCE SHEET RATIOS 2008-2017

YearNet Borowings/EBITDAAverage opearting workign capital in % of net salesFinancial leverageEquity ratioEquity-to-fixed-assets ratioAsset coverage IAsset coverage IIFixed asset intensity of investmentsCurrent asset intensity of investmentsLiquidity ILiquidity IILiquidity IIIWorking capital turnoverReturn on equityReturn on capital employed
20081.724.50%64.60%44.40%73.60%127.70%89.10%48.20%51.80%10.50%55.10%109.80%8.4018.90%19.80%
20091.224.30%24.30%42.60%85.90%137.40%102.90%49.50%50.50%30%80.40%132.20%6.36.50%11.30%
20100.220.80%4.80%42.50%97.40%141.50%97.70%44.60%55.40%35.50%78.20%132.40%6.112.30%20.20%
2011-0.120.40%-1.80%45.30%104.60%140.70%93.20%43.70%56.30%31.60%68.30%126%6.711.90%19.90%
2012-0.320%-8.50%47.30%111%152.70%100.40%41%59%44.30%82.90%139.70%5.99.90%19.30%
2013-0.221.30%-5.40%45.50%115.80%145%93.20%40.90%59.10%34.40%72.60%128.30%6.714.30%23.60%
20140.122.40%3.30%45.70%110.90%158.70%105.90%40.80%59.20%38.60%83%140.70%4.98.70%13.80%
20150.320.50%8.10%43.50%96.90%136.80%89.30%43.80%56.20%25.50%63.70%121.80%7.911.20%16.50%
20160.121.10%1.60%42.50%102.90%134%83.80%41.40%58.60%22.40%54.90%110.60%8.715.70%24.20%
2017-0.220.40%-7.50%35.50%109.70%140.30%86.20%40.50%59.50%25.50%62.30%121%9.017%39.80%

ADIDAS DATA PER SHARE FROM 2008 TO 2017

YearShare price at year-end (in €)Basic earnings (in €)Diluted earnings (in €)Price / earnings ratio at year-endMarket capitalization at year-end (€ in millions)Net cash generated from operating activitiesDividend (in €)Number of outstanding shares at year-end (in thousands)
200827.143.253.078.452522.520.5193,516
200937.771.251.2230.279026.110.35209,216
201048.892.712.7118102294.280.8209,216
201150.262.932.9317.1105153.861209,216
201267.333.783.7817.8140874.51.35209,216
201392.643.933.9323.6193823.031.5209,216
201457.623.053.0518.9117733.361.5204,327
201589.913.543.5425.4180005.411.6200,197
2016150.155.395.2927.8302546.732201,489
2017167.157.05723.7340758.142.6203,861

Abhijeet Pratap

I have studied Marketing and English Literature and like to write on topics in Business management, Marketing, literature, latest technologies and other areas. I also like to spend my time learning coding.