Reebok 2014 Annual Report Download - page 194
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4
adidas Group
/
2014 Annual Report
Consolidated Financial Statements
190
2014
Consolidated Income Statement
/
04.4
/
..
/
adidas AG Consolidated Income Statement (IFRS) (€ in millions)
Note Year ending
Dec. 31, 2014
Year ending
Dec. 31, 2013
Change
Net sales 36 14,534 14,203 2.3%
Cost of sales 7,610 7,202 5.7%
Gross profit 6,924 7,001 (1.1%)
(% of net sales) 47.6% 49.3% (1.7pp)
Royalty and commission income 102 103 (1.1%)
Other operating income 30 138 142 (2.6%)
Other operating expenses 12, 14, 31 6,203 6,013 3.2%
(% of net sales) 42.7% 42.3% 0.3pp
Goodwill impairment losses 13 78 52 48.5%
Operating profit 883 1,181 (25.2%)
(% of net sales) 6.1% 8.3% (2.2pp)
Financial income 33 19 26 (26.7%)
Financial expenses 33 67 94 (28.4%)
Income before taxes 835 1,113 (24.9%)
(% of net sales) 5.7% 7.8% (2.1pp)
Income taxes 34 271 340 (20.2%)
(% of income before taxes) 32.5% 30.5% 1.9pp
Net income from continuing operations 564 773 (27.0%)
(% of net sales) 3.9% 5.4% (1.6pp)
Losses/gains from discontinued operations, net of tax 3 (68) 17 n.a.
Net income 496 790 (37.2%)
(% of net sales) 3.4% 5.6% (2.1pp)
Net income attributable to shareholders 490 787 (37.6%)
(% of net sales) 3.4% 5.5% (2.2pp)
Net income attributable to non-controlling interests 6 3 67.2%
Basic earnings per share from continuing operations (in €) 35 2.67 3.68 (27.3%)
Diluted earnings per share from continuing operations (in €) 35 2.67 3.68 (27.3%)
Basic earnings per share from continuing and discontinued operations (in €) 35 2.35 3.76 (37.5%)
Diluted earnings per share from continuing and discontinued operations (in €) 35 2.35 3.76 (37.5%)
Rounding differences may arise in percentages and totals.
The accompanying notes are an integral part of these consolidated financial statements.
Consolidated Income Statement