Reference no: EM13890613

1.Adidas AG reports the following balance sheet accounts for the year ended December 31, 2011 (euros in millions). Prepare the balance sheet for this company as of December 31, 2011, following usual IFRS practices.

Tangible and other assets . . . . . . . . . . . . .  255
Total equity . . . . . . . . . . . . . . . . . . . . . . . . 2,322
Receivables and other assets . . . . . . . . . . 1,767
Total noncurrent liabilities . . . . . . . . . . . . 3,379
Cash and cash equivalents . . . . . . . . . . . . 383
Total current assets . . . . . . . . . . . . . . . . . . 2,208
Other noncurrent assets. . . . . . . . . . . . . . 3,429
Intangible assets . . . . . . . . . . . . . . . . . 154
Total current liabilities . . . . . . . . . . . . . 345
Inventories . . . . . . . . . . . . . . . . . . . . . . 30
Total liabilities . . . . . . . . . . . . . . . . . . . 3,724
Other current assets . . . . . . . . . . . . . . . 28
Total noncurrent assets . . . . . . . . . . . . 3,838