Reebok 2008 Annual Report Download - page 199

adidas Group Annual Report 2008 195
34 Other information
Employees
The average numbers of employees are as follows:
Employees
Year ending
Dec. 31, 2008
Year ending
Dec. 31, 2007
Own retail 16,071 11,180
Sales 4,133 4,065
Logistics 5,395 4,550
Marketing 3,308 2,842
Central functions and administration 3,160 2,929
Production 2,118 1,910
Research and development 1,058 973
Information technology 886 769
Total 36,129 29,218
Accountant service fees
Following the formation of KPMG Europe LLP effective October 1, 2007, KPMG LLP (UK) is an
affi liated company of KPMG Germany as defi ned under § 271 section 2 HGB. The disclosure
requirement for audit and accounting services fees provided by KPMG LLP (UK) relates to
services rendered after September 30, 2007.
Effective October 1, 2008, KPMG Switzerland and KPMG Spain are part of KPMG Europe LLP
and are thus affi liated companies of KPMG Germany as defi ned under § 271 section 2 HGB. The
disclosure requirement for audit and accounting services fees provided by KPMG Switzerland
and KPMG Spain relates to services rendered after September 30, 2008.
In 2008, adidas AG recorded € 1.2 million (2007: € 1.2 million) as expense for the professional
service fee for the auditor of the annual and consolidated fi nancial statements.
Expenses for tax consultancy services provided by the auditor, for other confi rmation services
provided by the auditor and for other services provided by the auditor amounted to € 0.2 million
(2007: € 0.1 million), € 0.0 million (2007: € 0.0 million) and € 0.1 million (2007: € 0.5 million),
respectively.
Remuneration of the Supervisory Board and the Executive Board of adidas AG
Supervisory Board
Pursuant to the Articles of Association, the Supervisory Board members’ fi xed annual payment
amounted to € 0.9 million (2007: € 0.3 million).
No members of the Supervisory Board were granted loans in 2008.
Executive Board
In 2008, the overall compensation of the members of the Executive Board (all short-term
benefi ts) totalled € 8.4 million (2007: € 10.6 million). Post-employment benefi ts (costs for
accrued pension entitlements for members of the Executive Board) totalled € 0.4 million (2007:
€ 0.5 million).
In 2008, former members of the Executive Board received pension payments totalling € 1.7 million
(2007: € 1.7 million).
Pension provisions for pension obligations relating to former members of the Executive Board
amount in total to € 36.4 million (2007: € 37.6 million).
No members of the Executive Board were granted loans in 2008.
Members of the Executive Board have not been granted any stock options since 2003. In 2008,
current and former members of the Executive Board exercised zero stock options (2007: 2,800).
Details of the Management Share Option Plan are also included in these Notes see Note 33.
Further information on disclosures according to § 314 section 1 no. 6a HGB (German commercial
law) is provided in the Compensation Report see Compensation Report, p. 030.
35 Information relating to the German Corporate Governance Code
Information pursuant to § 161 German Stock Corporation Act (AktG)
On February 11, 2009, the Executive Board and Supervisory Board of adidas AG issued the
updated declaration of conformity in accordance with § 161 of the Stock Corporation Act (AktG).
The full text of the Declaration of Compliance is available on the Group’s corporate website.
36 Events after the balance sheet date
Group-specifi c subsequent events
Effective January 1, 2009, the adidas Group acquired the remaining 25% of shares of Reebok’s
subsidiary in Spain, Reebok Spain S.A., Alicante.
Effective January 23, 2009, the adidas Group acquired the remaining 5% of shares of its
subsidiary in Greece, adidas Hellas A.E., Thessaloniki.
Date of authorisation for issue
The Executive Board of adidas AG approved the consolidated fi nancial statements for submission
to the Supervisory Board on February 16, 2009. It is the Supervisory Board’s task to examine the
consolidated fi nancial statements and give their approval and authorisation for issue.
Herzogenaurach, February 16, 2009
The Executive Board of adidas AG