Reebok 2011 Annual Report Download - page 218
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adidas Group
2011 Annual Report
CONSOLIDATED FINANCIAL STATEMENTS
214
2011
214
2011
04.8
04.8 Notes Notes – Additional Information
37 Commitments and contingencies
Other financial commitments
The Group has other financial commitments for promotion and adver-
tising contracts, which mature as follows:
Financial commitments for promotion and advertising
(€ in millions)
Dec. 31, 2011 Dec. 31, 2010
Within 1 year 681 613
Between 1 and 5 years 1,918 1,474
After 5 years 1,244 695
Total 3,843 2,782
Commitments with respect to advertising and promotion maturing
after five years have remaining terms of up to 19 years from December
31, 2011.
Information regarding commitments under lease and service
contracts is also included in these Notes
SEE NOTE 27
.
Litigation
The Group is currently engaged in various lawsuits resulting from
the normal course of business, mainly in connection with distribution
agreements as well as intellectual property rights. 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.
38 Related party disclosures
According to the definitions of IAS 24 “Related Party Disclosures“, the
Supervisory Board and the Executive Board of adidas AG were identi-
fied as related parties who solely received remuneration in connection
with their function as key management personnel. For information
about the remuneration of the Supervisory Board and the Executive
Board of adidas AG
SEE NOTE 39
SEE COMPENSATION REPORT, P. 50
.
39 Other information
Employees
The average numbers of employees are as follows:
Employees
Year ending
Dec. 31, 2011
Year ending
Dec. 31, 2010
Own retail 24,429 21,883
Sales 5,125 4,064
Logistics 5,262 4,749
Marketing 3,864 3,527
Central administration 3,891 3,260
Production 1,957 1,886
Research and development 1,001 991
Information technology 993 927
Total 46,522 41,287