Adidas 2000 Annual Report Download - page 4

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Operating Highlights (euros in millions) 2000 1999
Net sales 5,835 5,354
Income before taxes and minority interests 347 398
Net income 182 228
Key Ratios (in %)
Gross margin 43.3 43.9
Selling, general and administrative expenses as a percentage of net sales 34.5 33.8
Effective tax rate 40.3 38.4
Net income as a percentage of net sales 3.1 4.3
Equity ratio 20.3 19.0
Per Share of Common Stock (euros)
Earnings per share 4.01 5.02
Dividend per ordinary share 0.92* 0.92
Share price at year-end 66.00 74.55
* Dividend proposal – subject to Annual General Meeting approval
Financial Highlights