Reebok 2009 Annual Report Download - page 111
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GROUP MANAGEMENT REPORT – FINANCIAL REVIEW Overview 107
GROUP MANAGEMENT REPORT –
FINANCIAL REVIEW
03
DETROIT/MICHIGAN, USA – JUNE 12, 2009
It’s an exciting game. The Pittsburgh Penguins are
up against the defending champion Detroit Red
Wings. Sidney Crosby is the Penguins’ captain. He
is determined to win. He fights and finally makes
his dream come true – 2-1. Crosby is the youngest
captain in NHL history to lead his team to victory in
the Stanley Cup. A thrilled Crosby just cannot let go,
and takes the Cup with him to bed.
GROUP MANAGEMENT REPORT – FINANCIAL REVIEW
Internal Group Management System ....................................................... 108
GROUP BUSINESS PERFORMANCE ......................................................... 112
Economic and Sector Development .......................................................... 112
Income Statement ..................................................................................... 115
Balance Sheet and Cash Flow Statement ................................................ 122
Disclosures pursuant to § 315 Section 4 of the
German Commercial Code .....................................................................125
Treasury .................................................................................................... 128
BUSINESS PERFORMANCE BY SEGMENT
Wholesale Business Performance ...........................................................132
Retail Business Performance ................................................................... 134
Other Businesses Performance ............................................................... 137
Risk and Opportunity Report .................................................................... 140
Subsequent Events and Outlook ............................................................... 156
03