Reebok 2015 Annual Report Download - page 105
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FINAN
–
CIAL
REVIEW
Group Management Report
This report contains the Group Management Report of the adidas Group,
comprising adidas AG and its consolidated subsidiaries, and the
Management Report of adidas AG.
Internal Group Management System 102
Group Business Performance 107
Economic and Sector Development 107
Income Statement 111
Statement of Financial Position and Statement of Cash Flows 119
Treasur y 124
Financial Statements and Management Report of adidas AG 130
Disclosures pursuant to § 315 Section 4 and § 289 Section 4
of the German Commercial Code 134
Business Performance by Segment 138
Western Europe 139
North America 140
Greater China 141
Russia/CIS 142
Latin America 143
Japan 144
MEAA (Middle East, Africa and other Asian markets) 145
Other Businesses 146
Subsequent Events and Outlook 148
Subsequent Events 148
Outlook 148
Risk and Opportunity Report 156
Illustration of Material Risks 162
Illustration of Opportunities 173
Management Assessment of Performance,
Risks and Opportunities, and Outlook 175
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