Adidas runtastic9/12/2023 The company provides a comprehensive ecosystem for tracking and managing health and fitness data. Runtastic operates in the digital health and fitness space. The remaining operating segments are aggregated under Other Businesses due to their only subordinate materiality.Įach market comprises all wholesale, retail and e-commerce business activities relating to the distribution and sale of products of the adidas and Reebok brands to retail customers and end consumers.Īdidas Golf comprises the distribution and sale of adidas Golf branded products. The operating segments adidas North America and Reebok North America have been aggregated to the segment North America.Īccording to the criteria of IFRS 8 for reportable segments, the operating segments Europe, North America, Asia-Pacific, Russia/CIS, Latin America and Emerging Markets are reported separately. Notes to the Consolidated Income StatementĤ0 » Other Financial Commitments and ContingenciesĤ3 » Information relating to the German Corporate Governance CodeĪdidas operates predominantly in one industry segment – the design, distribution and marketing of athletic and sports lifestyle products.Īs at December 31, 2020, following the company’s internal management reporting by markets and in accordance with the definition of IFRS 8 ‘Operating Segments,’ ten operating segments were identified: Europe, adidas North America, Reebok North America, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, adidas Golf, Runtastic and Other centrally managed businesses. Notes to the Consolidated Statement of Financial Positionġ4 » Trademarks and other Intangible AssetsĢ4 » Other Non-Current Financial Liabilities Statement of Financial Position and Statement of Cash Flowsįinancial Statements and Management Report of adidas AGĭisclosures persuant to German Commercial CodeĬonsolidated Statement of Financial PositionĬonsolidated Statement of Comprehensive IncomeĬonsolidated Statement of Changes in EquityĠ2 » Summary of Significant Accounting PoliciesĠ4 » First-Time Consolidation/Disposal of Subsidiaries as well as Assets and Liabilities Group Management Report – Financial Review
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