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Exercise 3-16 Preparing a balance sheet following IFRS LO P3 adidas Group reported the following balance sheet accounts in a recent year (euros in millions)
Exercise 3-16 Preparing a balance sheet following IFRS LO P3 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 1,454 Intangible assets 2,76:3 4,378 2,526 6,800 1,192 5,070 5,617 Total current liabilities 1,946 Inventories 2,422 Total 1iabilities 1,683 Other current assets 7,347 Total noncurrent assets 853 Prepare the balance sheet for this company, following usual IFRS practices. Assume the balance sheet is reported as of December 31, 2014. (Enter your answers in millions.) Adidas AG Balance Sheet (Euros in millions) December 31, 2014
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