Below are the financial statements of Adidas, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 |
|---|---|---|
| Net sales | 23,683a | 21,427a |
| Cost of sales | -11,658a | -11,244a |
| Gross profit | 12,026a | 10,184a |
| Royalty and commission income | 81a | 83a |
| Other operating income | 174a | 71a |
| Other operating expenses | -10,945a | -10,070a |
| Marketing and point-of-sale expenses | -2,841a | -2,528a |
| Distribution and selling expenses | -5,936a | -5,547a |
| General and administration expenses | -2,138a | -1,839a |
| Sundry expenses | -44a | -137a |
| Impairment (gain)/losses (net) on accounts receivable and contract assets | -15a | 19a |
| Operating profit | 1,337a | 268a |
| Financial income | 101a | 79a |
| Financial expenses | -317a | -282a |
| Income before taxes | 1,121a | 65a |
| Income taxes | -297a | -124a |
| Net income/(loss) from continuing operations | 824a | -58a |
| Gain from discontinued operations, net of tax | 8a | 44a |
| Net income/(loss) | 832a | -14a |
| Net income/(loss) attributable to shareholders | 764a | -75a |
| Net income attributable to non-controlling interests | 68a | 61a |
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