Reebok 2013 Annual Report Download - page 192

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4
adidas Group
/
2013 Annual Report
Consolidated Financial Statements
188
2013
Consolidated Income Statement
/
04.4
/
..
/
adidas AG Consolidated Income Statement (IFRS) (€ in millions)
Note Year ending
Dec. 31, 2013
Year ending
Dec. 31, 2012
Change
Net sales 35 14,492 14,883 (2.6%)
Cost of sales 7,352 7,780 (5.5%)
Gross profit 7,140 7,103 0.5%
(% of net sales) 49.3% 47.7% 1.5pp
Royalty and commission income 104 105 (1.2%)
Other operating income 29 143 127 12.8%
Other operating expenses 11, 13, 30 6,133 6,150 (0.3%)
(% of net sales) 42.3% 41.3% 1.0pp
Goodwill impairment losses 12 52 265 (80.2%)
Operating profit 1,202 920 30.6%
(% of net sales) 8.3% 6.2% 2.1pp
Financial income 32 26 36 (28.2%)
Financial expenses 32 94 105 (11.2%)
Income before taxes 1,134 851 33.3%
(% of net sales) 7.8% 5.7% 2.1pp
Income taxes 33 344 327 5.3%
(% of income before taxes) 30.4% 38.4% (8.0pp)
Net income 790 524 50.7%
(% of net sales) 5.4% 3.5% 1.9pp
Net income attributable to shareholders 787 526 49.3%
(% of net sales) 5.4% 3.5% 1.9pp
Net income attributable to non-controlling interests 3 (2) —
Basic earnings per share (in €) 34 3.76 2.52 49.3%
Diluted earnings per share (in €) 34 3.76 2.52 49.3%
Rounding differences may arise in percentages and totals.
The accompanying notes are an integral part of these consolidated financial statements.
Consolidated Income Statement