Investments

Depreciation

 

1-12/2021

1-12/2020

1-12/2021

1-12/2020

Total business segments

171.6

110.8

248.4

239.2

Central areas

35.9

36.9

39.0

36.5

Consolidation

0.0

0.0

0.0

0.0

Total

207.5

147.7

287.3

275.7

 

 

 

 

 

 

Inventories

Trade Receivables (3rd)

Long-term assets

 

12/31/2021

12/31/2020

12/31/2021

12/31/2020

12/31/2021

12/31/2020

Total business segments

1,559.8

1,198.7

845.1

604.5

1,680.4

1,520.1

Not allocated to the
business segments

-67.6

 

-60.7

2.9

 

16.5

204.4

 

207.9

Total

1,492.2

1,138.0

848.0

621.0

1,884.8

1,728.0

 

 

 

 

 

 

 

T.65 RECONCILIATION OF FINANCIAL LIABILITIES TO THE CASH INFLOW/ OUTFLOW FROM FINANCING ACTIVITIES 2021 (€ million)

 

 

 

Non-cash changes

Cash changes

 

 

Notes

As of
Jan. 1, 2021

Currency changes

Others

As of

Dec. 31, 2021

Financial liabilities

 

 

 

 

 

 

Lease liabilities

10

931.7

38.9

213.7

-160.9

1,023.4

Current financial liabilities

13

121.4

0.5

0.0

-53.4

68.5

Non-current financial liabilities

13

 

145.0

0.0

0.0

166.5

311.5

Total

 

1,198.1

39.4

213.7

-47.8

1,403.4

 

 

 

 

 

 

 

T.66 Reconciliation of financial liabilities to the cash inflow/outflow from financing activities 2020 (€ million)

 

 

 

Non-cash changes

Cash changes

 

 

Notes

As of
Jan. 1, 2020

Currency changes

Others

As of

Dec. 31, 2020

Financial liabilities

 

 

 

 

 

 

Lease liabilities

10

745.3

-60.5

381.8

-135.0

931.7

Current financial liabilities

13

10.2

-1.3

0.0

112.5

121.4

Non-current financial liabilities

13

163.3

0.0

0.0

-18.3

145.0

Total

 

918.8

-61.7

381.8

-40.7

1,198.1

 

 

 

 

 

 

 

T.67 (€ million)

 

2021

2020

From license, promotional and advertising agreements:

 

 

2022 (2021)

301.3

286.1

2023 – 2026 (2022 – 2025)

650.4

617.6

from 2027 (from 2026)

205.4

244.4

Total

1,157.1

1,148.1

 

 

 

T.68 ASSETS AND LIABILITIES (€ million)

 

12/31/2021

12/31/2020

Current assets

105.1

51.9

Non-current assets

3.8

3.5

Current liabilities

39.5

14.6

Non-current liabilities

0.0

0.0

Net assets

69.5

40.8

Net assets attributable to non-controlling interests

65.2

41.5

 

 

 

T.69 INCOME STATEMENT (€ million)

 

2021

2020

Sales

422.9

258.0

Net income

67.9

40.1

Profit attributable to non-controlling interests

67.2

44.2

Other comprehensive income of non-controlling interests

4.3

-3.9

Total comprehensive income of non-controlling interests

71.5

40.4

Dividends paid to non-controlling interests

47.8

45.6

 

 

 

T.70 CASH (€ million)

 

2021

2020

Net cash from operating activities

52.8

48.4

Net cash used in investing activities

0.0

0.0

Net cash used in financing activities

-52.4

-49.2

Changes in cash and cash equivalents

0.4

-0.8

 

 

 

T.71 (€ million)

 

Deliveries and services rendered

Deliveries and services
received

 

2021

2020

2021

2020

Companies included in the Artémis Group

0.0

0.0

0.0

0.0

Companies included in the Kering Group

1.8

1.7

0.1

0.2

Other related companies and persons

0.0

0.0

23.0

17.1

Total

1.8

1.7

23.1

17.3

 

 

 

 

 

T.72 (€ million)

 

Net receivables from

Liabilities to

 

2021

2020

2021

2020

Companies included in the Artémis Group

0.0

0.0

0.0

0.0

Companies included in the Kering Group

0.4

0.0

0.0

0.0

Other related companies and persons

0.0

0.0

15.0

5.5

Total

0.4

0.0

15.0

5.5

 

 

 

 

 

In addition, dividend payments of € 47.8 million were made to non-controlling interests in the financial year 2021 (previous year: € 45.6 million).

Receivables from related companies and persons are, with one exception, not subject to value adjustments. Only with respect to the receivables from a non-controlling shareholder and its group of companies were gross receivables in the amount of € 52.2 million adjusted in value for a subsidiary of PUMA SE in Greece as of December 31, 2021 (previous year: € 52.2 million). As in the previous year, no expenses were recorded in this respect in the financial year 2021.

Classification of the remuneration of key management personnel in accordance with IAS 24.17:

The members of key management personnel in accordance with IAS 24 are the Management Board and the Supervisory Board. These are counted as related parties.

In the financial year 2021, the remuneration of the members of the Management Board of PUMA SE for short-term benefits amounted to € 5.4 million (previous year: € 1.8 million), for post-employment benefits to € 0.4 million (previous year: € 0.4 million) and the share-based remuneration to € 4.7 million (previous year: € 4.3 million). Furthermore, no remuneration was granted in the form of other long-term benefits or in the form of termination benefits in the reporting year (previous year: € 0.0 million). Accordingly, the total expense for the financial year 2021 amounts to € 10.5 million (previous year: € 6.5 million).

In the financial year 2021, the remuneration of the members of the Supervisory Board of PUMA SE for short-term benefits amounted to € 0.2 million (previous year: € 0.1 million).