Question

adidas Group reported the following balance sheet accounts in a recent year (euros in millions) Property, plant and equipment Total equity Accounts receivable Total noncurrent liabilities Cash and cash equivalents Total current assets Other noncurrent assets € 1,915 6,454 2. zee 1,957 1,510 8,886 1. 116 Intangible assets Total current liabilities Inventories Total liabilities Other current assets Total noncurrent assets € 3,259 6,765 3,763 8,722 1.413 6,290 Prepare the balance sheet for this company, following usual IFRS practices. Assume the balance sheet is reported as of December 31, 2016. (Enter your answers in millions.) Adidas Group Balance Sheet (Euros in millions) December 31, 2016

Answer 1

Answer) Prepare the balance sheet of Adidas group for the year ended December 31,2016

Adidas Group Balance Sheet(Euros In Million) December 31, 2016 Assets Amount Amount Non Current Assets Intangible Assets 3,259 Property,Plant $ Equipment 1,915 Other Non Current Assets 1,116 Total Non Current Assets 6,290 Current Assets Other Current Assets. 1,413 Inventories 3,763 Accounts Receivable 2,200 Cash & Cash Equivalents 1,510 Total Current Assets 8,886 Total Assets 15,176 Liability & Equity Equity Total Equity 6,454 Liabilities Total Non Current Liabilities Total Current Liabilities Total Liabilities 1,957 6,765 8,722 Total Equity & Liabilities 15,176