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(1)FOR IMMEDIATE RELEASE. Herzogenaurach, May 3, 2018. adidas records double-digit top- and bottom-line growth in Q1 FY 2018 outlook confirmed Major developments in Q1 20181: • • • • •. Revenues grow 10% currency-neutral and 2% in euro terms Gross margin increases 1.5pp to 51.1% driven by pricing and product mix Operating margin improves 1.8pp to 13.4% despite continued brand investments Net income from continuing operations grows 17% to € 542 million Basic EPS from continuing operations up 16% to € 2.65. Currency-neutral sales increase 10% in Q1 2018 adidas started into the year with currency-neutral revenues increasing 10%. This development reflects an 11% increase at brand adidas which was driven by double-digit increases in the running, football and training categories as well as at adidas Originals. Revenues at the Reebok brand decreased 3% due to declines in the training and running categories. From a channel perspective, e-commerce was once again the fastest-growing channel with an increase of 27%. In euro terms, the company’s sales were up 2% in the first quarter to € 5.548 billion (2017: € 5.447 billion). Double-digit growth in North America, Asia-Pacific and Latin America From a market segment perspective, on a currency-neutral basis, the combined sales of the adidas and Reebok brands grew in most market segments. Growth was particularly strong in North America (+21%) and Asia-Pacific (+15%), the latter driven by a 26% increase in Greater China. While Latin America also grew at a double-digit rate (+10%), revenues in Western Europe 1. Due to the divestiture of the TaylorMade (including the TaylorMade, Adams Golf and Ashworth brands) and CCM Hockey businesses, all income and expenses of the TaylorMade and CCM Hockey businesses are reported as discontinued operations. For the sake of comparability, all figures related to the 2017 financial year refer to the company’s continuing operations unless otherwise stated. However, a restatement of the 2017 balance sheet items is not permitted under IFRS.. 1. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. “We had a successful start to the year that was fully in line with our expectations: Our highquality top-line growth was driven by our strategic focus areas North America, Greater China and e-commerce”, said adidas CEO Kasper Rorsted. “At the same time, we managed to grow the bottom line significantly faster than the top line while continuing to invest into creating brand desire.”.

(2) increased 5%, in line with the full-year outlook for this market. Sales in Emerging Markets and Russia/CIS declined 5% and 16%, respectively, as a result of the challenging market conditions.. Average operating working capital as a percentage of sales decreases Inventories decreased 11% to € 3.224 billion (2017: € 3.609 billion). On a currency-neutral basis, inventories were down 4%. Inventories from continuing operations decreased 6% in euro terms and increased 1% currency-neutral. Operating working capital declined 1% to € 4.488 billion (2017: € 4.554 billion) at the end of March 2018. On a currency-neutral basis, operating working capital grew 9%. Operating working capital from continuing operations rose 6% in euro terms and 17% currency-neutral. Average operating working capital as a percentage of sales from continuing operations decreased 0.7 percentage points to 20.3% (2017: 21.0%), reflecting the company’s continued focus on tight working capital management. Net cash position of € 371 million Net cash at March 31, 2018 amounted to € 371 million (2017: net borrowings of € 859 million), representing an increase of € 1.230 billion compared to the prior year. This development was driven by a decline in short-term borrowings on the back of working capital improvements as well as, to a lesser extent, the conversion of the convertible bond. adidas confirms outlook for FY 2018 For 2018, adidas continues to expect sales to increase at a rate of around 10% on a currencyneutral basis, driven by double-digit growth in North America and Asia-Pacific. The company’s gross margin is forecast to increase up to 0.3 percentage points to a level of up to 50.7%. 2. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Operating margin increases 1.8 percentage points to 13.4% The company’s gross margin increased 1.5 percentage points to 51.1% (2017: 49.6%). This development was despite a significant currency headwind in the quarter, which was more than offset by the positive effects from a better pricing and product mix. Other operating expenses increased 2% to € 2.172 billion (2017: € 2.122 billion). As a percentage of sales, other operating expenses increased 0.2 percentage points to 39.1% (2017: 39.0%), as significantly higher marketing investments were largely offset by strong operating overhead leverage. The company’s operating profit increased 17% to a level of € 746 million (2017: € 637 million), resulting in an operating margin improvement of 1.8 percentage points to a level of 13.4% (2017: 11.7%). Net income from continuing operations was up 17% to € 542 million (2017: € 462 million). Basic earnings per share from continuing operations increased 16% to € 2.65 (2017: € 2.29)..

(3) (2017: 50.4%). Gross margin will benefit from the positive effects of a more favorable pricing, channel and regional mix. These improvements will be partly offset by the negative impact from unfavorable currency movements as well as higher input costs. The operating margin is forecast to improve between 0.5 and 0.7 percentage points to a level between 10.3% and 10.5% (2017: 9.8%), reflecting the projected gross margin improvement as well as operating overhead leverage which is expected to overcompensate the planned increase in marketing investments. Net income from continuing operations is projected to increase to a level between € 1.615 billion and € 1.675 billion. This development reflects an increase of between 13% and 17% compared to the prior year level of € 1.430 billion, excluding the negative one-time tax impact recorded in 2017. Basic EPS from continuing operations is expected to increase at a rate between 12% and 16% compared to the prior-year level of € 7.05, excluding the negative onetime tax impact in 2017, not taking into account any decrease in the number of shares outstanding due to the company’s share buyback program. ***. Media Relations Jan Runau Chief Corporate Communication Officer Tel.: +49 (0) 9132 84-3830. Investor Relations Sebastian Steffen Vice President Investor Relations Tel.: +49 (0) 9132 84-4401. Katja Schreiber Vice President Corporate Communication Tel.: +49 (0) 9132 84-3810. Christian Stoehr Senior Director Investor Relations Tel.: +49 (0) 9132 84-4989. Claudia Lange Director Media Relations Tel.: +49 (0) 9132 84-2338. Jennifer Gaussmann Senior Manager Investor Relations Tel.: +49 (0) 9132 84-74734 Adrian Rott Senior Manager Investor Relations Tel.: +49 (0) 9132 84-74843. For more information, please visit adidas-Group.com. 3. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Contacts:.

(4) adidas AG Consolidated Income Statement (IFRS)1 € in millions. First quarter 2018. First quarter 2017. Change. Net sales. 5,548. 5,447. 1.9%. Cost of sales. 2,713. 2,744. (1.2%). 2,835. 2,702. 4.9%. 51.1%. 49.6%. 1.5pp. Royalty and commission income. 26. 28. (6.9%). Other operating income. 56. 28. 97.8%. 2,172. 2,122. 2.3%. 39.1%. 39.0%. 0.2pp 17.1%. Gross profit (% of net sales). Other operating expenses (% of net sales) Operating profit. 746. 637. (% of net sales). 13.4%. 11.7%. Financial income. 19. 28. (30.5%). Financial expenses Income before taxes (% of net sales) Income taxes (% of income before taxes) Net income from continuing operations (% of net sales). 1.8pp. 16. 20. (18.3%). 749. 645. 16.2%. 13.5%. 11.8%. 1.7pp. 208. 183. 13.1%. 27.7% 542 9.8%. 28.4% 462 8.5%. (0.7pp) 17.4% 1.3pp. 1. 6. (75.9%). 540. 456. 18.6%. 9.7%. 8.4%. 1.4pp. 540. 455. 18.7%. 9.7%. 8.3%. 1. 1. Basic earnings per share from continuing operations (in €). 2.65. 2.29. 15.9%. Diluted earnings per share from continuing operations (in €). 2.65. 2.26. 17.2%. Basic earnings per share from continuing and discontinued operations (in €) Diluted earnings per share from continuing and discontinued operations (in €). 2.65 2.64. 2.26 2.23. 17.1% 18.4%. Losses from discontinued operations, net of tax Net income (% of net sales) Net income attributable to shareholders (% of net sales) Net income attributable to non-controlling interests. 1.4pp (26.7%). € in millions. First quarter 2018. First quarter 2017. Change. Change (currencyneutral). Western Europe North America APAC Russia/CIS Latin America Emerging Markets Other Businesses. 1,603 1,040 1,856 119 430 308 190. 1,537 988 1,744 160 454 367 197. 4.4% 5.3% 6.4% (25.5%) (5.3%) (16.0%) (3.4%). 4.8% 21.1% 15.1% (16.4%) 10.5% (5.4%) 2.8%. adidas Reebok. 5,000 440. 4,842 492. 3.3% (10.6%). 11.4% (3.0%). 1 Figures reflect continuing operations as a result of the divestiture of the Rockport, TaylorMade, Adams Golf, Ashworth and CCM Hockey business.. 4. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Net Sales.

(5) adidas AG Consolidated Statement of Financial Position (IFRS) Change in %. December 31, 2017. March 31, 2018. March 31, 2017. 1,575. 1,524. 3.4. 5. 5. 1.0. 5. 2,837. 2,876. (1.4). 2,315. 375. 605. (38.0). 393. 3,224. 3,609. (10.7). 3,692. 59. 81. (26.6). 71. 763. 649. 17.7. 498. Cash and cash equivalents Short-term financial assets Accounts receivable Other current financial assets Inventories Income tax receivables Other current assets. 1,598. -. -. n.a.. 72. Total current assets. 8,839. 9,348. (5.4). 8,645. Property, plant and equipment. 1,967. 1,933. 1.7. 2,000. Goodwill. 1,206. 1,403. (14.1). 1,220. Trademarks. 1,274. 1,654. (22.9). 1,309. Other intangible assets. 155. 165. (6.4). 154. Long-term financial assets. 279. 187. 49.5. 236. Other non-current financial assets. 240. 90. 168.3. 219. Deferred tax assets. 736. 785. (6.3). 630. Other non-current assets. 109. 119. (8.4). 108. 5,966. 6,336. (5.8). 5,877. 14,805. 15,684. (5.6). 14,522. Assets classified as held for sale. Total non-current assets Total assets. 226. 1,406. (83.9). 137. 1,573. 1,931. (18.6). 1,975. Other current financial liabilities. 396. 214. 84.9. 362. Income taxes. 547. 455. 20.2. 424. Other current provisions. 988. 578. 70.7. 741. 1,929. 1,926. 0.2. 2,180. Short-term borrowings Accounts payable. Current accrued liabilities. 554. 531. 4.5. 473. 6,213. 7,041. (11.8). 6,291. 984. 982. 0.1. 983. 25. 28. (11.6). 22. Pensions and similar obligations. 297. 361. (17.7). 298. Deferred tax liabilities. Other current liabilities Total current liabilities Long-term borrowings Other non-current financial liabilities. 306. 371. (17.6). 275. Other non-current provisions. 91. 60. 52.3. 80. Non-current accrued liabilities. 36. 92. (61.4). 85. Other non-current liabilities. 56. 47. 18.5. 53. 1,793. 1,941. (7.6). 1,796. Total non-current liabilities. 204. 202. 1.1. 204. Reserves 1). (211). 572. n.a.. (87). Retained earnings 1) 2). 6,820. 5,945. 14.7. 6,333. Shareholders' equity. 6,812. 6,719. 1.4. 6,450. (13). (17). 21.6. (15). 6,799. 6,702. 1.5. 6,435. 14,805. 15,684. (5.6). 14,522. Operating working capital. 4,488. 4,554. (1.4). 4,033. Working capital. 2,626. 2,307. 13.8. 2,354. 371. (859). n.a.. 484. (5.4)%. 12.8%. (18.2pp). (7.5%). Share capital. Non-controlling interests Total equity Total liabilities and equity Additional balance sheet information. Net Cash/(Net borrowings) Financial leverage 1 Restated due to IFRS 9 transition effect in 2017 and 2018 2 Restated due to IFRS 15 transition effect in 2018 Rounding differences may arise in percentages and totals.. 5. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. € in millions.

(6) J A N U A RY– M A R C H. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. F I N A N C I A L S U P P L E M E N T.

(7) FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. 3. Consolidated Income Statement . 5. Consolidated Statement of Comprehensive Income . 6. Consolidated Statement of Changes in Equity . 7. Consolidated Statement of Cash Flows . 8. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Consolidated Statement of Financial Position . ADIDAS. 002. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. TABLE OF CONTENT. To enhance readability, registered trademarks as well as references to rounding differences are omitted in this publication..

(8) CONSOLIDATED STATEMENT OF FINANCIAL POSITION adidas AG Consolidated Statement of Financial Position (IFRS) € in millions. March 31, 2018. March 31, 2017. Change in %. December 31, 2017. 1,575. 1,524. 3.4. 1,598. 5. 5. 1.0. 5. 2,837. 2,876. (1.4). 2,315. Short-term financial assets Accounts receivable Other current financial assets Inventories Income tax receivables. 605. (38.0). 393. 3,609. (10.7). 3,692. 59. 81. (26.6). 71. 763. 649. 17.7. 498. –. –. n.a.. 72. Total current assets. 8,839. 9,348. (5.4). 8,645. Property, plant and equipment. 1,967. 1,933. 1.7. 2,000. Goodwill. 1,206. 1,403. (14.1). 1,220. Trademarks. 1,274. 1,654. (22.9). 1,309. Other intangible assets. 155. 165. (6.4). 154. Long-term financial assets. 279. 187. 49.5. 236. Other non-current financial assets. 240. 90. 168.3. 219. Deferred tax assets. 736. 785. (6.3). 630. Assets classified as held for sale. Other non-current assets Total non-current assets Total assets. 109. 119. (8.4). 108. 5,966. 6,336. (5.8). 5,877. 14,805. 15,684. (5.6). 14,522. 003. ADIDAS. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Other current assets. 375 3,224. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Assets. Cash and cash equivalents.

(9) adidas AG Consolidated Statement of Financial Position (IFRS) € in millions. March 31, 2018. March 31, 2017. Change in %. December 31, 2017. 226. 1,406. (83.9). 137. 1,573. 1,931. (18.6). 1,975. Accounts payable Other current financial liabilities. 396. 214. 84.9. 362. Income taxes. 547. 455. 20.2. 424. 988. 578. 70.7. 741. 1,929. 1,926. 0.2. 2,180. Other current provisions Current accrued liabilities. 554. 531. 4.5. 473. 6,213. 7,041. (11.8). 6,291. 984. 982. 0.1. 983. 25. 28. (11.6). 22. Pensions and similar obligations. 297. 361. (17.7). 298. Deferred tax liabilities. 275. Other current liabilities Total current liabilities. Long-term borrowings FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Other non-current financial liabilities. 306. 371. (17.6). Other non-current provisions. 91. 60. 52.3. 80. Non-current accrued liabilities. 36. 92. (61.4). 85. Other non-current liabilities Total non-current liabilities. 47. 18.5. 53. 1,941. (7.6). 1,796. 204. 202. 1.1. 204. Reserves1. (211). 572. n.a.. (87). Retained earnings1, 2. 6,820. 5,945. 14.7. 6,333. Shareholders’ equity. 6,812. 6,719. 1.4. 6,450. Share capital. Non-controlling interests Total equity Total liabilities and equity. (13). (17). 21.6. (15). 6,799. 6,702. 1.5. 6,435. 14,805. 15,684. (5.6). 14,522. 004. 1 Restated due to IFRS 9 transition effect in 2017 and 2018. 2 Restated due to IFRS 15 transition effect in 2018.. ADIDAS. 56 1,793. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Liabilities and equity. Short-term borrowings.

(10) CONSOLIDATED INCOME STATEMENT adidas AG Consolidated Income Statement (IFRS) € in millions. First quarter 2017. 5,548. 5,447. 1.9%. Cost of sales. 2,713. 2,744. (1.2%). 2,835. 2,702. 4.9%. 51.1%. 49.6%. 1.5pp. Royalty and commission income. 26. 28. (6.9%). Other operating income. 56. 28. 97.8%. 2,172. 2,122. 2.3%. 39.1%. 39.0%. 0.2pp 17.1%. Gross profit. (% of net sales). Other operating expenses. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. (% of net sales). 746. 637. (% of net sales). 13.4%. 11.7%. 1.8pp. Financial income. 19. 28. (30.5%). Operating profit. Financial expenses. 16. 20. (18.3%). Income before taxes. 749. 645. 16.2%. 13.5%. 11.8%. 1.7pp. 208. 183. 13.1%. 27.7%. 28.4%. (0.7pp). 542. 462. 17.4%. 9.8%. 8.5%. 1.3pp. 1. 6. (75.9%) 18.6%. (% of net sales) Income taxes (% of income before taxes) Net income from continuing operations. (% of net sales) Losses from discontinued operations, net of tax. 456 8.4%. 1.4pp. 540. 455. 18.7%. 9.7%. 8.3%. 1.4pp. 1. 1. (26.7%). Basic earnings per share from continuing operations (in €). 2.65. 2.29. 15.9%. Diluted earnings per share from continuing operations (in €). 2.65. 2.26. 17.2%. Basic earnings per share from continuing and discontinued operations (in €). 2.65. 2.26. 17.1%. Diluted earnings per share from continuing and discontinued operations (in €). 2.64. 2.23. 18.4%. (% of net sales) Net income attributable to shareholders. (% of net sales). 005. 540 9.7%. Net income. Net income attributable to non-controlling interests. ADIDAS. Change. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. First quarter 2018. Net sales.

(11) CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME adidas AG Consolidated Statement of Comprehensive Income (IFRS) € in millions. Net income after taxes. First quarter 20181. First quarter 20171. 540. 456. Items of other comprehensive income that will not be reclassified subsequently to profit or loss. Remeasurements of defined benefit plans (IAS 19), net of tax2. (1). (0). Subtotal of items of other comprehensive income that will not be reclassified subsequently to profit or loss. (1). (0). Net loss on cash flow hedges, net of tax. (20). (183). Net loss on cost of hedging reserve, net of tax. (25). (2). Currency translation differences. (77). 4. Subtotal of items of other comprehensive income that will be reclassified to profit or loss when specific conditions are met. (122). (181). Other comprehensive income. (123). (179). Total comprehensive income. 417. 277. Attributable to shareholders of adidas AG. 416. 276. 2. 0. 1 IFRS 15 and IFRS 9 are initially applied at January 1, 2018. Under the transition methods chosen, comparative information is not restated except for certain hedging requirements. 2 Includes actuarial gains or losses relating to defined benefit obligations, return on plan assets (excluding interest income) and the asset ceiling effect.. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Attributable to non-controlling interests. 006. ADIDAS. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Items of other comprehensive income that will be reclassified to profit or loss when specific conditions are met.

(12) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY. Balance at December 31, 2016. Share capital. Capital reserve. Cumulative currency translation differences. 201. 838. (52). Hedging reserve. 146. IFRS 9 Transition effect, net of tax Balance at January 1, 2017. Cost of hedging reserve. Other reserves2. Retained earnings. Shareholders’ equity. Non-controlling interests. Total equity. –. (182). 5,521. 6,472. (17). 6,455. 7. –. –. –. 5,529. 6,472. (17). 6,455. (7) 201. 838. Net income recognized directly in equity. (52). 146. (7). (182). 4. (182). (2). (0). Net income 4. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Total comprehensive income. Reissuance of treasury shares due to the conversion of convertible bonds. 1. (182). (2). (0). 11. (178). (1). (179). 455. 1. 456. 457. 276. 0. 277. 32. 44. 44. Repurchase of treasury shares. (0). (73). (73). (73). Repurchase of treasury shares due to equity-settled share-based payment. (0). (4). (4). (4). Reissuance of treasury shares due to equity-settled share-based payment. 0. 4. 4. 4. 0. 0. Equity-settled share-based payment. 0. Balance at March 31, 2017. 202. 848. (48). (36). (9). (183). 5,945. 6,719. (17). 6,702. Balance at December 31, 2017. 204. 884. (577). (229). (6). (159). 6,333. 6,450. (15). 6,435. (6). 6. 2. 2. (0). 2. (26). (26). (0). (26). 6,310. 6,426. (15). 6,411. (124). 1. (123). 540. 540. 1. 540. 540. 416. 2. 417. 1. 1. 1. IFRS 9 Transition effect, net of tax IFRS 15 Transition effect, net of tax Balance at January 1, 2018. 204. 884. Net income recognized directly in equity. (577). (234). (1). (159). (78). (20). (25). (1). Net income (78). Total comprehensive income. Reissuance of treasury shares due to the conversion of convertible bonds. 0. (20). (25). (1). 0. (0). (32). (32). (32). Repurchase of treasury shares due to equity-settled share-based payment. (0). (5). (5). (5). Reissuance of treasury shares due to equity-settled share-based payment. 0. 8. 8. 8. (2). (2). (2). 6,820. 6,812. Balance at March 31, 2018. 204. 884. 1 IFRS 15 and IFRS 9 are initially applied at January 1, 2018. Under the transition methods chosen, comparative information is not restated except for certain hedging requirements. 2 Reserves for remeasurements of defined benefit plans (IAS 19), option plans and acquisition of shares from non-controlling interest shareholders.. (655). (254). (26). (160). (13). 6,799. 007. Repurchase of treasury shares. Equity-settled share-based payment ADIDAS. 2 455. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. adidas AG Consolidated Statement of Changes in Equity (IFRS) € in millions1.

(13) CONSOLIDATED STATEMENT OF CASH FLOWS adidas AG Consolidated Statement of Cash Flows (IFRS) € in millions. First Quarter 2018. First Quarter 2017. 749. 645. Operating activities:. Income before taxes. 113. 106. Reversals of impairment losses. (3). (1). Unrealized foreign exchange (gains)/losses, net. (5). 6. Interest income. (7). (7). Interest expense. 10. 20. (Gains)/losses on sale of property, plant and equipment and intangible assets, net. (1). 3. 2. 1. Other non-cash expenses Payment for external funding of pension obligations (CTA) Operating profit before working capital changes. Increase in receivables and other assets. (5). –. 853. 773. (618). (642). 443. 181. (584). (587). Cash generated from/(used in) operations before interest and taxes. 95. (275). Interest paid. (8). (17). (120). (148). (33). (440). Decrease in inventories Decrease in accounts payable and other liabilities. Income taxes paid Net cash used in operating activities – continuing operations. Net cash generated from/(used in) in operating activities – discontinued operations Net cash used in operating activities. 1. (101). (32). (542). 008. ADIDAS. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Depreciation, amortization and impairment losses. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Adjustments for:.

(14) adidas AG Consolidated Statement of Cash Flows (IFRS) € in millions. First Quarter 2018. First Quarter 2017. (14). (14). Investing activities:. Purchase of trademarks and other intangible assets Proceeds from sale of trademarks and other intangible assets Purchase of property, plant and equipment Proceeds from sale of property, plant and equipment Proceeds from sale of assets held for sale Proceeds from sale of a disposal group Proceeds from sale of short-term financial assets Purchase of investments and other long-term assets Interest received Net cash used in investing activities – continuing operations. 0. (79). (100). 6. 1. 71. –. –. 6. 0. 0. (55). (28). 7. 7. (65). (128). –. (3). (65). (131). –. (1). Repayments of long-term borrowings Repayments of finance lease obligations Repurchase of treasury shares Repurchase of treasury shares due to share-based payments. (0). (1). (11). (85). (5). (4). 4. 3. Proceeds from short-term borrowings. 90. 811. Net cash generated from financing activities – continuing operations. 79. 725. Proceeds from reissuance of treasury shares due to share-based payments. Net cash generated from financing activities – discontinued operations Net cash generated from financing activities Effect of exchange rates on cash. –. 1. 79. 725. (5). (40). (24). 14. Cash and cash equivalents at beginning of year. 1,598. 1,510. Cash and cash equivalents at end of period. 1,575. 1,524. (Decrease)/Increase of cash and cash equivalents. WorldReginfo - 5e03235d-c13b-4c23-9a27-b090498caea8. Financing activities:. 009. ADIDAS. FINANCIAL SUPPLEMENT FOR THE FIRST QUARTER 2018. Net cash used in investing activities – discontinued operations Net cash used in investing activities. 0.

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