Reebok 2014 Annual Report Download - page 230
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adidas Group
/
2014 Annual Report
Consolidated Financial Statements
226
2014
/
04.8
/
Notes
/
Notes to the Consolidated Statement of Financial Position
The following table presents the main financial information on subsidiaries with non-controlling interests.
Financial information on subsidiaries with non-controlling interests
(€ in millions) Material non-controlling
interests
Other Total non-controlling
interests
Dec. 31, 2014 Dec. 31, 2013 Dec. 31, 2014 Dec. 31, 2013 Dec. 31, 2014 Dec. 31, 2013
Net sales (non-Group) 133 124
Net income/loss 14 (5)
Net income/loss attributable to
non-controlling interests 6 3 (0) (0) 6 3
Other comprehensive income (29) 42
Total comprehensive income (15) 37
Total comprehensive income attrib-
utable to non-controlling interests 5 6 (0) (0) 5 6
Current assets 86 64
Non-current assets 15 14
Current liabilities 121 98
Non-current liabilities 1 1
Net assets (20) (22)
Net assets attributable to
non-controlling interests (7) (8) (0) (0) (7) (8)
Net cash used in operating activities (6) (23)
Net cash used in investing activities (3) (5)
Net cash generated from financing
activities 10 27
Net increase of cash and cash
equivalents 0 (1)
Dividends paid to non-controlling
interests during the year 1) 4 1
1) Included in net cash generated from financing activities.
Operating leases
The Group leases primarily retail stores as well as offices, warehouses and equipment. The contracts regarding
these leases with expiration dates of between 1 and 11 years partly include renewal options and escalation
clauses. Rent expenses (continuing operations), which partly depend on net sales, amounted to € 643 million and
€ 672 million for the years ending December 31, 2014 and 2013, respectively.
Future minimum lease payments for minimum lease durations on a nominal basis are as follows:
Minimum lease payments for operating leases
(€ in millions) Dec. 31, 2014 Dec. 31, 2013
Within 1 year 476 447
Between 1 and 5 years 959 945
After 5 years 277 277
Total 1,711 1,669
28
Leasing and service
arrangements