Reebok 2010 Annual Report Download - page 245

Download and view the complete annual report

Please find page 245 of the 2010 Reebok annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 248

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248

Additional Information Index 241
Index
A
Acquisition 128, 195
American Depositary Receipts (ADR) 36, 143
Annual General Meeting Inside Back Cover
Assets 140 ff., 184 ff., 220
Auditor’s Report 183
B
Balance Sheet (Statement of Financial
Position) 140 ff., 184 f., 196 ff.
Bonds 149, 203 ff.
Borrowings 147 ff., 193, 200
Brand Portfolio Inside Front Cover, 80 f.
Business Performance:
– Other Businesses 156
– Retail 153 ff.
– Wholesale 150 ff.
C
Campaigns 4, 38, 74, 124, 180, 232
Capital Expenditure 127 f., 142, 219
Cash 126 ff., 140 ff.
Cash Flow Statement (Statement of Cash
Flows) 140 ff., 187
Compensation:
– Employees 116 f.
– Executive Board 31
– Report 30 ff.
– Supervisory Board 33
Consolidated Financial Statements 181 ff.
Controlled Space 82, 179
Convertible Bond 139, 217
Corporate Governance Report 25 ff.
Cost of Capital (WACC) 128
Cost of Sales 134, 163
Currency 146 ff., 167 ff.
D
Declaration of Compliance 23
Declaration of Support 242
Derivative Financial Instruments 190
Diluted Earnings per Share 139, 178, 217
Dividend Inside Front Cover, 36 f., 178, 207
E
Earnings per Share 139, 178, 217
Economic and Sector Development 130 ff.
Employees 115 ff.
Equity:
– Statement of Changes in Equity 186
Exchange Rates 132, 168, 187, 190
Executive Board 16 f.
F
Financial Calendar 2011 Inside Back Cover
Financial Expenses 138, 215 f.
Financial Highlights Inside Front Cover
Financial Instruments 208 ff.
Financial Leverage 149
Financing Structure 149
Fixed Assets 140
Free Cash Flow 126 ff.
G
Global Operations 106 ff.
Glossary 236 ff.
Goodwill 192 f., 198
Gross Margin 126 ff., 135, 151f., 155, 156 f., 177
Group Management Report 75 ff.
H
Hedging 149, 168 ff., 213 ff.
Human Resources 115 ff.
I
Income Before Taxes 138
Income Statement 133 ff., 185, 214 ff.
Interest Rate 148, 169 f., 214
Internal Group Management System 126 ff.
Interview with the CEO 10 ff.
Inventories 140 f., 163, 191
Investor Relations 37, 242
L
Leases 192, 207
Liquidity 146, 167 f., 178
Locations 78 f., 111
M
Major Locations and Promotion
Partnerships 78 f.
Management Share Option Plan
(MSOP) 222 f.
Market Capitalisation 35
Marketing Working Budget 136
Mission Statement 76
N
Net Income Attributable to Shareholders Inside
Front Cover, 138f.
Notes 188 ff.
O
Off-Balance Sheet Items 142
Operating Expenses 126, 135 f., 152 f., 155,
157, 178, 214f.
Operating Income 135, 214
Operating Margin 126 f., 137 f., 152, 155,
157, 178
Operating Working Capital 126 ff., 178
Operational and Sporting Highlights 2010 6 ff.
Own-Retail Activities 118, 135, 142, 153
P
Pensions 194, 202
Product Launches 112 f., 177
Promotion Partnerships 78 f., 164
Provisions 141, 190, 201
R
Research and Development 110 ff., 193
Responsibility Statement 182
Risk and Opportunity Report 158 ff.
Royalty and Commission Income 135
S
Segmental Reporting 133, 150 ff., 218
Share Price Performance 34 ff.
Shareholder Structure 36
Shareholders’ Equity 141 f., 204 ff.
Shareholdings 206 f., 226 ff.
Sourcing 78 f., 106 ff., 163
Statement of Cash Flows 140 ff., 187
Statement of Financial Position (Balance
Sheet) 140 ff., 184 f., 196 ff.
Structure and Strategy:
– adidas Group 77 ff.
– Brand Segments 87 ff.
Subsequent Events and Outlook 174 ff.
Supervisory Board:
– Committees 19
– Members 18 f.
– Report 20 ff.
Supply Chain 80 f., 105 ff., 122
Sustainability 28, 120 ff.
T
Targets Inside Front Cover, 114, 128
Taxes 194, 216 f.
Ten-Year Overview 234 f.
Treasury 146 ff., 167 f.