Strategic Monetary Management

 Essay about Strategic Economical Management

MBA FOOT 2012-2013

IDEAL FINANCIAL SUPERVISION

Group Task

Student No .

Company Name: ADIDAS GROUP

Company website:  http://www.adidas-group.com/en/home/welcome. aspx� Company annual report 2011:

http://adidas-group.corporate-publications.com/2011/gb/files/pdf/en/adidas_Group_AR2011.pdf

Part 1: Quick Scan Budget

BALANCE SHEET

 

| 2011| 2010|  | 2011| 2010

| , 000, 000 EUR| , 000, 000 EUR| | Million EUR| Million EUR| Assets| 4945| 4738| Equity| 5331| 4623

Working Capital| 2154| 1972| Non-Current Liabilities| 1768| 2087| Total| 7099 | 6710 | Total| 7099| 6710

PROFIT AND LOSS CONSIDERATION

| 2011| 2010

| Million EUR| Million EUR

Net Turnover| 13344| 11990

Expenses| 12524| 11306

Working Profit Just before Depreciation| 820| 684

Depreciation| 253| 270

Operating Profit| 567| 414

Interest Paid| 113| 111

Profit Following Interest| 454| 303

Other Income| -84| -88

Income Before Cash flow Tax| 370| 215

Primarily Taxes| 257| 238

Net Profit| 113| -23

CASH FLOW STATEMENT

 

| 2011| 2010

| Million EUR| Million EUR

Cash Position(JANUARY 1)| 1156| 775

MONEY FLOW|  |  

Operating| 792| 894

Investing| -566| -330

Fiancing| -491| -238

Net Money Flow| 891| 1101

 

Cash Situation Per End 2011| 906| 1156

RATIO| 2011| 2010

solvability | 75. 10%| 68. 90%

current ratio| 150. 32%| 150. 46%

ROA| 7. 99%| 6. 17%

ROE| 2 . 12%| -0. 50 percent

Gearing: ROE is less than ROA, which indicates that the shareholders' return less than the total company earnings rate. When ever ROE cure the interest towards the banks is higher. ROE raised by 2010 to 2011, which means the interest for the bank, can be decreasing. The financial power function in 2011 increased more obviously than that this season.

FINANCIAL KEY DRIVER

 

| 2011| %| 2010| %

| Million EUR|  | , 000, 000 EUR|  

Revenue|...