adidas AG
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand.
Apparel - Footwear & Accessories
DE, Herzogenaurach [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million EUR. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 1,198.00 | 894.00 | 792.00 | 942.00 | 634.00 | 701.00 | 1,090.00 | 1,348.00 | 1,648.00 | 2,646.00 | 2,819.00 | 1,486.00 | 3,192.00 | -543.00 | 2,506.00 | |
| Operating Cash (Net) | 1,198.00 | 894.00 | 792.00 | 942.00 | 634.00 | 701.00 | 1,090.00 | 1,348.00 | 1,648.00 | 2,646.00 | 2,819.00 | 1,486.00 | 3,192.00 | -543.00 | 2,506.00 | |
| Accounts Receivable | - - | - - | - - | -135.00 | -302.00 | -36.00 | -183.00 | -462.00 | -477.00 | -209.00 | -694.00 | 337.00 | -170.00 | -820.00 | 995.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | - - | 973.00 | 422.00 | 741.00 | 951.00 | -117.00 | 226.00 | 721.00 | -868.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 769.00 | 96.00 | -18.00 | -18.00 | -446.00 | -229.00 | 1.00 | -26.00 | -271.00 | 712.00 | -248.00 | -250.00 | 181.00 | -2,000.00 | 1,424.00 | |
| Other WC | 152.00 | 657.00 | 331.00 | -41.00 | -145.00 | -153.00 | 640.00 | 595.00 | -55.00 | 532.00 | - - | 33.00 | - - | - - | - - | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -162.00 | -330.00 | -566.00 | -217.00 | -243.00 | -537.00 | -591.00 | -614.00 | -680.00 | -636.00 | -925.00 | -115.00 | -424.00 | 495.00 | -489.00 | |
| Capital Expenditure | -241.00 | -269.00 | -376.00 | -434.00 | -479.00 | -548.00 | -513.00 | -651.00 | -752.00 | -707.00 | -708.00 | -443.00 | -667.00 | -695.00 | -504.00 | |
| Purchases of Investments | -1.00 | - - | -192.00 | 58.00 | -20.00 | -36.00 | -48.00 | -33.00 | -132.00 | -56.00 | -364.00 | -49.00 | -158.00 | -13.00 | -34.00 | |
| Sale/Maturity of Investment | 60.00 | - - | 58.00 | 205.00 | 226.00 | 37.00 | -23.00 | 14.00 | -47.00 | 71.00 | -47.00 | 289.00 | 49.00 | 13.00 | 57.00 | |
| Property, Plant, Equipment (P&PE) | -241.00 | -269.00 | -376.00 | -434.00 | -479.00 | -548.00 | -513.00 | -651.00 | -752.00 | -707.00 | -708.00 | -443.00 | -667.00 | -695.00 | -504.00 | |
| Acquisitions (Net) | -22.00 | - - | -20.00 | -43.00 | 52.00 | -6.00 | -50.00 | 29.00 | 180.00 | 18.00 | 82.00 | 42.00 | 189.00 | 1,177.00 | 10.00 | |
| Other Investing Activities | 42.00 | -61.00 | -36.00 | -3.00 | -22.00 | 16.00 | 43.00 | 27.00 | 71.00 | 38.00 | 112.00 | 46.00 | 163.00 | 13.00 | -18.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -512.00 | -238.00 | -491.00 | -42.00 | -439.00 | -118.00 | -691.00 | -553.00 | -769.00 | -951.00 | -2,273.00 | -479.00 | -2,991.00 | -2,963.00 | -1,262.00 | |
| Debt Repayment | -912.00 | -198.00 | -321.00 | -234.00 | -221.00 | -556.00 | -113.00 | -138.00 | -273.00 | -49.00 | -42.00 | -519.00 | -600.00 | -18.00 | -497.00 | |
| Dividends Paid | -97.00 | -73.00 | -167.00 | -209.00 | -282.00 | -314.00 | -303.00 | -320.00 | -405.00 | -528.00 | -664.00 | - - | -585.00 | -610.00 | -125.00 | |
|
Common Stock
|
- - | - - | - - | - - | - - | 300 | 328 | 363 | 113 | 1,041 | 861 | 311 | 1,059 | 2,555 | 54 | |
| Issued | - - | - - | - - | - - | - - | - - | 27.00 | 145.00 | 13.00 | 19.00 | 24.00 | 25.00 | 27.00 | 25.00 | 25.00 | |
| Repurchased | - - | - - | - - | - - | - - | -300.00 | -301.00 | -218.00 | -100.00 | -1,022.00 | -837.00 | -286.00 | -1,032.00 | -2,530.00 | -29.00 | |
| Other Financing Activities | 497.00 | 33.00 | -3.00 | 485.00 | 64.00 | 1,052.00 | -1.00 | -22.00 | -4.00 | 629.00 | -754.00 | 1,259.00 | -801.00 | 170.00 | -636.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 244.00 | 775.00 | 1,156.00 | 906.00 | 1,670.00 | 1,587.00 | 1,683.00 | 1,365.00 | 1,510.00 | 1,598.00 | 2,629.00 | 2,220.00 | 3,994.00 | 3,828.00 | 798.00 | |
| End of Period | 775.00 | 1,156.00 | 906.00 | 1,670.00 | 1,587.00 | 1,683.00 | 1,365.00 | 1,510.00 | 1,598.00 | 2,629.00 | 2,220.00 | 3,994.00 | 3,828.00 | 798.00 | 1,431.00 | |
| Change | 531.00 | 381.00 | -250.00 | 764.00 | -83.00 | 96.00 | -318.00 | 145.00 | 88.00 | 1,031.00 | -409.00 | 1,774.00 | -166.00 | -3,030.00 | 633.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 299.00 | 270.00 | 253.00 | 536.00 | 346.00 | 405.00 | 393.00 | 397.00 | 484.00 | 490.00 | 1,214.00 | 1,370.00 | 1,149.00 | 1,375.00 | 1,096.00 | |
| Stock Based Compensation | - - | - - | - - | - - | - - | - - | - - | - - | 33.00 | - - | 172.00 | 90.00 | 56.00 | 39.00 | 62.00 | |
| Other | -228.00 | -278.00 | -370.00 | -427.00 | -400.00 | -310.00 | -343.00 | -467.00 | -588.00 | -934.00 | -705.00 | -209.00 | 10.00 | -306.00 | 105.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 957.00 | 625.00 | 416.00 | 508.00 | 155.00 | 153.00 | 577.00 | 697.00 | 896.00 | 1,939.00 | 2,111.00 | 1,043.00 | 2,525.00 | -1,238.00 | 2,002.00 | |
| Cash Conversion Cycle (CCC) | 77.00 | 79.00 | 80.00 | 88.00 | 100.00 | 116.00 | 106.00 | 108.00 | 111.00 | 91.00 | 102.00 | 131.00 | 156.00 | 165.00 | 121.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 7.00 | 55.00 | 15.00 | -3.00 | -35.00 | 50.00 | -126.00 | -35.00 | -111.00 | -29.00 | -30.00 | -75.00 | 57.00 | -19.00 | -40.00 |