Search results
Mar 9, 2022 · With the adidas Annual Report 2021, we communicate financial and non-financial information in a combined publication. The report provides a comprehensive overview of the financial, environmental and social performance of adidas in the 2021 financial year.
- At a Glance
At a Glance - adidas Annual Report 2021 - Home
- To our Shareholders
The success of our athletes, teams and products underlined...
- Group Management Report – Our Company
Group Management Report – Our Company - adidas Annual Report...
- Group Management Report – Financial Review
Group Management Report – Financial Review - adidas Annual...
- Consolidated Financial Statements
Consolidated Financial Statements - adidas Annual Report...
- Additional Information
Additional Information - adidas Annual Report 2021 - Home
- Imprint
Imprint - adidas Annual Report 2021 - Home
- Financial Highlights 2021
Financial Highlights 2021 - adidas Annual Report 2021 - Home
- At a Glance
Mar 9, 2022 · Find the PDF and XLS files of the adidas Annual Report 2021, which covers the financial, environmental and social performance of the company in 2021. Learn how adidas relaunched its iconic brand campaign ‘Impossible is Nothing’ in spring 2021.
ANNUAL REPORT 2021 ABOUT THIS REPORT With the Annual Report 2021, adidas communicates financial and non-financial information in a combined publication. The report provides a comprehensive overview of the financial, environmental, and social performance of adidas in the 2021 financial year.
- Operating Activities and Capital Structure of Adidas Ag
- Preparation of Accounts
- Net Sales Increase 12%
- Other Operating Income Down 34%
- Other Operating Expenses Decrease 4%
- Depreciation and Amortization Down 8%
- Operating Result Below Prior Year Level
- Increase of The Financial Result
- Net Income Considerably Above Prior Year Level
- Total Assets Below Prior Year
- GeneratedCaptionsTabForHeroSec
The majority of the operating business of adidas AG consists of the sale of merchandise to wholesale partners and own-retail activities. In addition to its own trading activities, the results of adidas AG are significantly influenced by its holding function for the company as a whole. This is reflected primarily in currency effects, transfer of cos...
Unlike the consolidated financial statements, which are in conformity with the International Financial Reporting Standards (IFRS), as adopted by the European Union as of December 31, 2021, the following financial statements of adidas AG have been prepared in accordance with the rules set out in the German Commercial Code (Handelsgesetzbuch – HGB).
Sales of adidas AG comprise external revenues generated by adidas Germany with products of the adidas and Reebok brands as well as revenues from foreign subsidiaries. Revenues of adidas AG also include royalty and commission income, mainly from affiliated companies, revenues from central distribution, and other revenues. In 2021, adidas AG net sale...
In 2021, other operating income of adidas AG decreased 34% to € 649 million (2020: € 986 million). This development was primarily due to less positive currency effects.
In 2021, other operating expenses for adidas AG decreased 4% to € 2.462 billion (2020: € 2.564 billion). This was largely attributable to less currency losses, but partly offset due to the increased expenses for IT and maintenance costs.
Depreciation and amortization for adidas AG decreased 8% to € 117 million in 2021 (2020: € 127 million).
In 2021, adidas AG generated an operating profit of € 32 million. This was significantly below the prior year level of € 166 millionand mainly due to less positive currency effects.
The financial result of adidas AG increased 228% to € 1.916 billion in 2021 (2020: € 585 million). The increase was attributable to higher income from dividends and higher profit transfers from affiliated companies under profit and loss transfer agreements.
Net income, after taxes of € 98 million (2020: € 77 million), amounted to € 1.850 billion in 2021 and was thus 174% above the prior year level (2020: € 674 million).
At the end of December 2021, total assets decreased 8% to € 11.061 billion compared to € 11.959 billionin the prior year. This development was mainly a result of decreases in receivables and securities.
Download the condensed income statement, balance sheet, and cash flow statement of adidas AG, the parent company of the adidas Group, in accordance with HGB. See the net sales, operating profit, financial result, and net income of adidas AG in 2021 and 2020.
In our Download Center, you find all publications related to our quarterly and full year results of the past ten years as well as the links to our analyst webcasts. If you seek information dating back further in time, please scroll down to our Annual Report Archive.
Download the PDF file of the annual financial statements of Adidas AG as at December 31, 2021, including balance sheet, income statement, notes and supervisory board report. The statements are prepared in accordance with the German Commercial Code and the German Stock Corporation Act.
People also ask
What is the Adidas annual report 2021?
Where can I find the Adidas annual report?
Who signs the annual financial statements for Adidas AG?
What financial commitments did Adidas AG make in 2021?
adidas fast out of the gate in 2021; full-year outlook upgraded. Major developments: Currency-neutral sales up 27%, despite high-single-digit drag from external factors. DTC growth of more than 30%, with e-com up 43% on top of 35% in the prior year quarter . Gross margin up 2.1pp to 51.8% due to healthy inventory position (down 9% y-o-y)
