Adidas ag reports the following balance sheet accounts for


Adidas AG reports the following balance sheet accounts for the year ended December 31, 2011 (euros in millions). Tangible and other assets € 255 Intangible assets € 154 Total equity 2,322 Total current liabilities 345 Receivables and other assets 1,767 Inventories 30 Total noncurrent liabilities 3,379 Total liabilities 3,724 Cash and cash equivalents 383 Other current assets 28 Total current assets 2,208 Total noncurrent assets 3,838 Other noncurrent assets 3,429 Prepare the balance sheet for this company as of December 31, 2011, following usual IFRS practices. (Enter your answers in millions.)

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Adidas ag reports the following balance sheet accounts for
Reference No:- TGS01000905

Expected delivery within 24 Hours