ADIDAS BALANCE SHEET 2017

Asset December 31,2017 Percentage December 31,2016 Percentage

Cash and Cash 1598 18.48% 1510 16.99%

Equivalents

Short- Term Financial 5 0.06% 5 0.06%

Assets

Accounts Receivable 2315 26.78% 2200 24.76%

Other Current Financial 393 4.55% 729 8.20%

Asset

Inventories 3692 42.71% 3763 42.35%

Income Tax Receivables 71 0.82% 98 1.10%

Other Current Asset 498 5.76% 580 6.53%

Asset Classified as held 72 0.83% - -

for sale

Total Current Asset 8645 100% 8886 100%

Property, Plant and 2000 34.03% 1915 30.45%

Equipment

Goodwill 1220 20.76% 1412 22.45%

Trademarks 1309 22.27% 1680 26.71%

Other Intangible Asset 154 2.62% 167 2.66%

Long-Term Financial 236 4.02% 194 3.08%

Asset

Other Non-Current 219 3.73% 96 1.53%

Financial Asset

Deffered Tax Asset 630 10.72% 732 11.64%

Other Non-Current Asset 108 1.84% 94 1.49%

Total Non-Current 5877 100% 6290 100%

asset

Total Asset 14522 100% 15176 100%

Liabilities and Equity

Short-Term Borrowing 137 2.18% 636 9.40%

Accounts Payable 1975 31.39% 2496 36.90%

Other Current Financial 362 5.75% 201 2.97%

Liabilities

Income Taxes 424 6.74% 402 5.94%

Other Current Pensions 741 11.78% 573 8.47%

Current Accrued 2180 34.65% 2023 29.90%

Liabilities

Other Current Liabilities 473 7.52% 434 6.42%

Liabilities classified as - - - -
held for sale
Total Current 6291 100% 6765 100%
Liabilities

Long-Term Borrowings 983 54.73% 982 50.18%

Other Non-Current 22 1.22% 22 1.12%

Financial Liabilities

Pensions and Similar 298 16.59% 355 18.14%

Pensions

Deffered Tax Liabilities 275 15.31% 387 19.78%

Other Non-Current
Provisions 80 4.45% 44 2.25%
Non-Current Accrued 85 4.73% 120 6.13%
Liabilities

Other Non-Current 53 2.95% 46 2.35%

Liabilities

Total Non-Current 1796 100% 1957 100%

Liabilities

Share Capital 204 3.16% 201 3.11%

Reserves (81) (1.26)% 149 11.57%

Retained Earnings 6327 98.09% 5521 85.31%

Shareholder’s Equity 6450 100% 6472 100%

Total Equity 6435 100% 6455 100%

Total Liabilities and

Equity 14522 100% 15176 100%