Reebok 2010 Annual Report Download - page 225
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Consolidated Financial Statements Notes Notes – Additional Information 221
Additional cash flow information 36
In 2010, the decrease in cash provided by operating activities compared to the prior year was
primarily due to increased receivables and inventories.
Net cash outflow from investing activities was mainly related to spending for property, plant
and equipment such as investments in the furnishing and fitting of stores in the Retail segment, in
new office buildings and IT systems as well as the purchase of short-term financial assets.
Cash outflows from financing activities were related to repayment of short-term borrowings
totalling € 198 million and dividends paid in an amount of € 73 million.
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 3.
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:
Financial commitments for promotion and advertising
€ in millions
Dec. 31, 2010 Dec. 31, 2009
Within 1 year 613 554
Between 1 and 5 years 1,474 1,403
After 5 years 695 594
Total 2,782 2,551
Commitments with respect to advertising and promotion maturing after five years have remaining
terms of up to 12 years from December 31, 2010.
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.