Footwear 3) Apparel 3) Hardware 3)

6,922 6,290 1,671

6,242 5,733 1,347

5,389 5,380 1,221

4,642 4,663 1,076

4,919 4,775 1,105

Financial Highlights: Five-Year Overview
Balance Sheet Data (€ in millions) 2012 Income Statement Data (€ in millions) Net sales 3) Gross profit 3) Royalty and commission income 3) Other operating income 3) Other operating expenses 3) EBITDA 3) Operating profit 3) 4) 5) Net financial result 3) 6) Income before taxes 3) 4) 6) Income taxes 3) Net income attributable to non-controlling interests 3) 6) Net income attributable to shareholders 4) 5) 14,883 7,103 105 127 6,150 1,445 1,185 (69) 1,116 327 (2) 791 13,322 6,329 93 98 5,567 1,199 953 (84) 869 261 (5) 613 11,990 5,730 100 110 5,046 1,159 894 (88) 806 238 (1) 567 10,381 4,712 86 100 4,390 780 508 (150) 358 113 0 245 10,799 5,256 89 103 4,378 1,280 1,070 (166) 904 260 (2) 642 Balance Sheet Ratios Net borrowings/EBITDA 3) Average operating working capital as a percentage of net sales Financial leverage 6) Equity ratio 6) Equity-to-fixed-assets ratio 6) Asset Coverage I 6) Asset Coverage II 6) Income Statement Ratios Gross margin 3) Operating margin 3) 4) 5) Interest coverage 3) Effective tax rate 3) 4) Net income attributable to shareholders as a percentage of net sales 4) 5) 47.7% 8.0% 14.6 29.3% 5.3% 47.5% 7.2% 12.2 30.0% 4.6% 47.8% 7.5% 10.1 29.5% 4.7% 45.4% 4.9% 3.9 31.5% 2.4% 48.7% 9.9% 7.4 28.8% 5.9% Fixed asset intensity of investments Current asset intensity of investments Liquidity I 6) Liquidity II 6) Liquidity III 6) Working capital turnover 6) Return on equity 6) 5) Return on capital employed 6) 5) Net Sales by brand (€ in millions) adidas Reebok TaylorMade-adidas Golf Rockport Reebok-CCM Hockey 11,344 1,667 1,344 285 243 9,867 1,940 1,044 261 210 8,714 1,913 909 252 200 7,520 1,603 831 232 177 7,821 1,717 812 243 188 Data Per Share 6) Share price at year-end (in