Reebok 2014 Annual Report Download - page 220
Download and view the complete annual report
Please find page 220 of the 2014 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.-
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
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
 |
 |
adidas Group
/
2014 Annual Report
Consolidated Financial Statements
216
2014
/
04.8
/
Notes
/
Notes to the Consolidated Statement of Financial Position
Accrued liabilities consist of the following:
Accrued liabilities
(€ in millions) Jan. 1,
2014
Currency
translation
differences
Usage Reversals Additions Transfers Dec. 31,
2014
Thereof
non-current
Goods and services not
yet invoiced 460 18 (331) (12) 367 (7) 494 9
Marketing and sales 350 26 (315) (3) 380 4 442 2
Personnel 353 19 (200) (29) 208 1 352 68
Sundry 48 2 (41) – 32 – 42 2
Accrued liabilities 1,211 65 (887) (44) 987 (2) 1,330 81
Marketing accrued liabilities mainly consist of accruals for distribution, such as discounts, rebates and sales
commissions.
Accrued liabilities for personnel mainly consist of accruals for outstanding salary payments, such as bonuses
and overtime, as well as outstanding vacation.
Sundry accrued liabilities mainly include accruals for promotion contracts as well as accruals for interest.
The transfers include reclassifications to ‘Liabilities classified as held for sale’.
Other current liabilities consist of the following:
Other current liabilities
(€ in millions) Dec. 31, 2014 Dec. 31, 2013
Tax liabilities other than income taxes 105 81
Liabilities due to personnel 48 43
Liabilities due to social security 20 21
Deferred income 30 30
Customers with credit balances 42 50
Sundry 42 51
Other current liabilities 287 276
Other non-current financial liabilities consist of the following:
Other non-current financial liabilities
(€ in millions) Dec. 31, 2014 Dec. 31, 2013
Currency options 2 11
Forward exchange contracts – 2
Finance lease obligations 7 9
Sundry 0 0
Other non-current financial liabilities 9 22
For further information about currency options and forward exchange contracts
/
SEE NOTE 29. For information
about finance lease obligations
/
SEE NOTE 28.
21
Accrued liabilities
22
Other current liabilities
23
Other non-current
financial liabilities