Reebok 2009 Annual Report Download - page 211

CONSOLIDATED FINANCIAL STATEMENTS Notes 207
Additional cash flow information 36
In 2009, the line item “Acquisition of subsidiaries and other business units net of cash acquired”
in the consolidated statement of cash flows includes the acquisition of Life Sport Ltd. and Bones
in Motion, Inc. see Note 4.
In 2008, this line item includes the acquisition of Saxon Athletic Manufacturing, Inc., Reebok
Productos Esportivos Brasil Ltda. (formerly Comercial Vulcabras Ltda.), Textronics, Inc. and
Ashworth, Inc. see Note 4.
Current revolving financial transactions are offset within financing activities.
Commitments and contingencies 37
Other financial commitments Other financial commitments
The Group has other financial commitments for promotion and advertising contracts, which
mature as follows:
N °-
37
FINANCIAL COMMITMENTS FOR PROMOTION AND ADVERTISING
€ IN MILLIONS
Dec. 31, 2009 Dec. 31, 2008
Within 1 year 554 386
Between 1 and 5 years 1,403 1,082
After 5 years 594 611
Total 2,551 2,079
Commitments with respect to advertising and promotion maturing after five years have remaining
terms of up to 13 years from December 31, 2009.
Information regarding commitments under lease and service contracts is also included in
these Notes see Note 27.
LitigationLitigation
The Group is currently engaged in various lawsuits resulting from the normal course of business,
mainly in connection with license and distribution agreements as well as competition issues. The
risks regarding these lawsuits are covered by provisions when a reliable estimate of the amount
of the obligation can be made see Note 19. In the opinion of Management, the ultimate liabilities
resulting from such claims will not materially affect the consolidated financial position of the
Group.
Equity compensation benefits 38
Management Share Option Plan (MSOP) of adidas AG Management Share Option Plan (MSOP) of adidas AG
Under the Management Share Option Plan (MSOP) adopted by the shareholders of adidas AG on
May 20, 1999, and amended by resolution of the Annual General Meeting on May 8, 2002, and on
May 13, 2004, the Executive Board was authorised to issue non-transferable stock options for up
to 1,373,350 no-par-value bearer shares to members of the Executive Board of adidas AG as well
as to managing directors/senior vice presidents of its related companies and to other executives
of adidas AG and its related companies until August 27, 2004. The granting of stock options took
place in tranches not exceeding 25% of the total volume for each fiscal year.
A two-year vesting period and a term of approximately seven years upon their respective
issue applies for the stock options.