Reebok 2008 Annual Report Download - page 156
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152 Consolidated Financial Statements Consolidated Balance Sheet — Consolidated Income Statement
Consolidated balance sheet (IFRS)
€ in millions
Note Dec. 31, 2008 Dec. 31, 2007 Change in %
Cash and cash equivalents 5 244 295 (17.3)
Short-term fi nancial assets 6 141 86 64.1
Accounts receivable 7 1,624 1,459 11.3
Inventories 8 1,995 1,629 22.5
Income tax receivables 28 110 60 82.9
Other current assets 9 789 529 49.1
Assets classifi ed as held for sale 3 31 80 (60.2)
Total current assets 4,934 4,138 19.3
Property, plant and equipment 10 886 702 26.2
Goodwill 11 1,499 1,436 4.3
Trademarks 12 1,390 1,291 7.6
Other intangible assets 12 204 194 4.9
Long-term fi nancial assets 13 96 103 (6.8)
Deferred tax assets 28 344 315 9.2
Other non-current assets 14 180 147 24.9
Total non-current assets 4,599 4,188 9.8
Total assets 9,533 8,325 14.5
Short-term borrowings 15 797 186 328.3
Accounts payable 1,218 849 43.5
Income taxes 28 321 285 12.9
Accrued liabilities and provisions 16 1,008 1,025 (1.7)
Other current liabilities 17 295 266 10.6
Liabilities classifi ed as held for sale 3 6 4 33.8
Total current liabilities 3,645 2,615 39.3
Long-term borrowings 15 1,776 1,960 (9.4)
Pensions and similar obligations 18 132 124 6.3
Deferred tax liabilities 28 463 450 2.9
Non-current accrued liabilities and provisions 16 65 73 (11.3)
Other non-current liabilities 19 52 69 (23.3)
Total non-current liabilities 2,488 2,676 (7.0)
Share capital 194 204 (5.0)
Reserves (10) 161 (104.9)
Retained earnings 3,202 2,658 20.4
Shareholders’ equity 21 3,386 3,023 12.0
Minority interests 20 14 11 25.5
Total equity 3,400 3,034 12.1
Total liabilities and equity 9,533 8,325 14.5
Rounding differences may arise in percentages and totals.
The accompanying Notes are an integral part of these consolidated fi nancial statements.