Adidas 2000 Annual Report Download - page 92
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88
Information about the Company’s segments in accordance with the management approach is presented below:
Segmental Information by Brand
(euros in millions) TaylorMade-
adidas Salomon adidas Golf
2000 1999 2000 1999 2000 1999
Net sales third parties 4,672 4,427 648 543 441 327
Gross profit 1,907 1,827 276 217 221 160
in % of net sales 40.8 41.1 42.6 39.6 49.5 48.4
Operating profit 391 431 57 31 44 30
Assets 2,286 1,987 542 509 219 156
Liabilities 946 802 140 159 44 51
Capital expenditure 93 59 23 15 12 10
Amortization and depreciation
excluding goodwill amortization 45 49 6 5 4 4
(euros in millions) Headquarter/
Mavic Consolidation adidas-Salomon
2000 1999 2000 1999 2000 1999
Net sales third parties 55 44 19 13 5,835 5,354
Gross profit 20 16 104 132 2,528 2,352
in % of net sales 36.4 36.3 43.3 43.9
Operating profit 4 1 (59) (11) 437 482
Assets 24 24 947 911 4,018 3,587
Liabilities 18 13 1,965 1,819 3,113 2,844
Capital expenditure 1 3 16 45 145 132
Amortization and depreciation
excluding goodwill amortization 1 1 23 4 79 63