Reebok 2007 Annual Report Download - page 174
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170
ANNUAL REPORT 2007 --- adidas Group CONSOLIDATED FINANCIAL STATEMENTS - Notes to the Consolidated Balance Sheet
16 ACCRUED LIABILITIES AND PROVISIONS Accrued liabilities and provisions consist of
the following:
Currency Thereof
Jan. 1 translation
D
ec.
3
1 non-
2007 differences Usage Reversals Addition Transfers
2007
current
Marketing
Employee benefi ts
Returns, allowances, warranty
Taxes, other than income taxes
Other provisions
T
otal prov
i
s
i
on
s
Goods and services not yet invoiced
Marketing
Payroll and commissions
Other accruals
To
t
a
l
acc
r
ued
li
ab
iliti
es
T
otal accrued l
i
ab
i
l
i
t
i
es and prov
i
s
i
on
s
ACCRUED LIABILITIES AND PROVISIONS
€ in millions
49 (2) 38 2 33 — 4
0
—
39 (3) 23 3 38 — 4
8
18
120 (7) 72 6 91 — 126 1
11 (1) 10 — 9 — 9 —
136 (4) 56 5 61 (1) 131 17
(17) 199 16 232 (1) 354 36
)
)
355
241 (11) 192 6 288 —
3
20 5
113 (4) 74 5 117 —
147
5
175 (10) 118 7 128 — 168 22
111 (6) 93 — 96 1 1
0
9 5
640 (31) 477 18 629 1 744 37
)
995 (48) 676 34 861 — 1,098 73
)
Marketing provisions mainly consist of provisions for promotion contracts.
Provisions for employee benefi ts mainly consist of provisions for profi t-sharing plans. With
regard to provisions for early retirement, claims for reimbursement in an amount of € 3 million
are shown under other non-current assets.
Other provisions mainly include items not otherwise allocated as well as anticipated losses
from purchases and other transactions, and contingent losses from pending lawsuits.
Marketing accrued liabilities mainly consist of accruals for distribution, such as discounts,
rebates and sales commissions.
Accrued liabilities for payroll and commissions mainly consist of accruals for outstanding
salary payments, such as bonuses and overtime, as well as outstanding vacation.
Other accrued liabilities mainly include items not otherwise allocated and also accruals for
interest.