Adidas

Adidas AG Monitor

Adidas AG Annual Report 2017
CR Monitor Issue: 
2018/0412
Company covered: 
Adidas AG
Period End: 
31 December, 2017
Report issued on 15 April 2018 covered the following practice issues:
Pronouncements
Additional disclosure of changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure in respect of new accounting standards including IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Change
Businesses disposed identified as discontinued operations.
Change
Auditor's report contains disclosure of key audit matters.

Fair value measurement information under IFRS

IFRS 13 “Fair value measurement” sets out a single consistent framework for measuring fair value within IFRS financial statements and outlines a standardised set of disclosures in respect of fair value measurements. IFRS 13 has been mandatory now for some years, with application being required for annual reporting periods beginning on or after 1 January 2013. This report sets out the results of how requirements of the standard have been put into practice, both in terms of measurement and disclosure, in the consolidated financial statements of 139 large public limited companies with year ends between 31 March 2016 and 1 April 2017. It is not an exhaustive study of all aspects of IFRS 13 application and its conclusions are limited to our findings in respect of the areas analysed within the financial statements reviewed.

Disclosure of the impacts of IFRS 16 "Leases"

IFRS 16 “Leases” will fundamentally change accounting by lessees as it requires assets previously off balance sheet under operating lease arrangements to be brought on balance sheet as is currently the case for finance leased assets. As a result on application companies will recognise both additional assets and additional liabilities. Consequently there will also be knock on effects in the income statement as operating lease charges are replaced by a depreciation charge and a finance expense. This report analyses the financial statements of a range of companies to firstly establish whether there has been any early adoption and secondly to establish what companies are disclosing in respect of IFRS 16 and its future impacts.

Adidas AG Monitor

Adidas AG Annual Report 2016
CR Monitor Issue: 
2017/0510
Company covered: 
Adidas AG
Period End: 
31 December, 2016
Report issued on 23 May 2017 covered the following practice issues:
Change
Disclosure of information in respect of new equity settled share purchase plan for employees.
Pronouncements
Summarised non-quantified disclosure of impacts of new standards namely IFRS 9, IFRS 15 and IFRS 16.
Restatement
Financial instrument disclosures restated without explanation.

Intangible assets - Adidas AG

Period End: 
31 December 2011
Period End Date: 
2011-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3763 Clothing & Accessories
Auditor: 
KPMG

Intangible assets other than goodwill under IFRS

This report, based on an examination of the IFRS financial statements of 28 large listed European companies, analyses the disclosure of intangible assets other than goodwill. Included is an examination of companies’ intangible asset disclosures both on the face of the primary financial statements and in the notes. Areas considered include the disclosure of intangible assets separately from goodwill on the face of the statement of financial position, amortisation related disclosures and the presentation of a reconciliation of movements. In addition an examination of the significance of intangible assets relative to total assets is performed.

Cash Flow Statements - Adidas AG

Period End: 
31 December 2011
Period End Date: 
2011-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3763 Clothing & Accessories
Auditor: 
KPMG