Reebok 2015 Annual Report Download - page 230

226
4
CONSOLIDATED FINANCIAL STATEMENTS
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, 2015 Dec. 31, 2014 Dec. 31, 2015 Dec. 31, 2014 Dec. 31, 2015 Dec. 31, 2014
Net sales (non-Group) 173 133
Net income 10 14
Net income/(loss) attributable to
non-controlling interests 6 6 (0) (0) 6 6
Other comprehensive income (20) (29)
Total comprehensive income (10) (15)
Total comprehensive income
attributable to non-controlling
interests 5 5 (0) (0) 5 5
Current assets 98 86
Non-current assets 17 15
Current liabilities (76) (121)
Non-current liabilities (1) (1)
Net assets 38 (20)
Net assets attributable to
non-controlling interests (8) (7) (0) (0) (8) (7)
Reclassification of non-controlling
interests in accordance with
IAS 32 (10) –
Net assets attributable to
non-controlling interests
according to the consolidated
statement of financial position (18) (7)
Net cash generated from/(used in)
operating activities 7 (6)
Net cash used in investing activities (4) (3)
Net cash generated from financing
activities 1 10
Net increase of cash and cash
equivalents 4 0
Dividends paid to non-controlling
interests during the year 16 4
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 22 years partly include renewal options and
escalation clauses. Rent expenses (continuing operations), which partly depend on net sales, amounted to
€ 680 million and € 643 million for the years ending December 31, 2015 and 2014, respectively.
28
LEASING
AND SERVICE
ARRANGEMENTS