Adidas 1999 Annual Report Download - page 90

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86
Selected Financial Data
EURO
1999 1999 19 9 82) 19 971 ) 199 61) 19 95
P&L data (in DM million)
Net sales 5,354 10,471 9,907 6,698 4,709 3,500
Footwear3) 2,222 4,346 4,004 2,871 2,171 1,790
Apparel3) 2,190 4 ,2 8 4 4,305 3,586 2,314 1,528
Hardware3) 929 1,8 17 1,579 238 181 131
adidas 4,465 8,73 3 8,441 6,698 4,709 3,500
Salomon 543 1,06 2 850000
Taylor Made 292 571 514000
Mavic 44 8 6 102000
Europe 2,723 5,32 5 5,426 4,112 3,159 2,393
North America 1,818 3,555 3,489 1,699 1,026 767
Asia/Pacific 653 1 ,278 750 701 416 249
Latin America 126 246 219 169 108 91
Gross profit 2,352 4,6 00 4,154 2,810 1,877 1,389
Operating profit 482 942 814 618 376 252
Royalty and commission income 35 68 87 85 97 100
Financial expenses, net (84) (164) (224) (31) (13) (47)
Income before taxes 398 779 624 677 444 296
Income taxes 153 299 206 186 107 43
in % of IBT 38.4% 33.0% 27.5% 24.0% 14.5%
Minority interests 18 3 4 17 28 24 8
Net income4) 228 445 401 463 314 245
P&L ratios
Gross margin 43.9% 41.9% 41.9% 39.8% 39.7%
Operating margin 9.0% 8.2% 9.2% 8.0% 6.9%
Profit margin4) 4.3 % 4.0% 6.9% 6.7% 7.0%
Working capital turnover 4.9 (15.5) 319.0 8.5 10.2
Interest coverage 6.1 4.8 21.2 14.1 8.8
Return on equity4) 33.5% 44.2% 33.0% 32.9% 42.5%
Return on capital employed4) 20.7% 20.5% 35.8% 35.2% 35.0%
adidas-Salomon AG AND SUBSIDIARIES
SELECTED FINANCIAL DATA
(INTERNATIONAL ACCOUNTING STANDARDS)