Nike 2009 Annual Report Download - page 88

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NIKE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Year Ended May 31,
2009 2008 2007
(In millions)
Net Revenue
United States ................................... $ 6,542.9 $ 6,414.5 $ 6,131.7
Europe, Middle East and Africa .................... 5,512.2 5,629.2 4,764.1
Asia Pacific .................................... 3,322.0 2,887.6 2,295.7
Americas ...................................... 1,284.7 1,164.7 966.7
Other ......................................... 2,514.3 2,531.0 2,167.7
$19,176.1 $18,627.0 $16,325.9
Pre-tax Income
United States ................................... $ 1,337.9 $ 1,402.0 $ 1,386.1
Europe, Middle East and Africa .................... 1,316.9 1,281.9 1,050.1
Asia Pacific .................................... 853.4 694.2 515.4
Americas ...................................... 274.1 242.3 199.3
Other(1) ........................................ (196.7) 364.9 299.7
Corporate Expense(2) ............................. (1,629.1) (1,482.4) (1,250.7)
$ 1,956.5 $ 2,502.9 $ 2,199.9
Additions to Long-lived Assets
United States ................................... $ 95.2 $ 138.4 $ 67.3
Europe, Middle East and Africa .................... 77.7 69.0 94.9
Asia Pacific .................................... 74.8 42.4 20.7
Americas ...................................... 8.7 8.6 5.3
Other ......................................... 89.6 61.5 36.0
Corporate ...................................... 109.7 129.3 89.3
$ 455.7 $ 449.2 $ 313.5
Depreciation
United States ................................... $ 61.4 $ 49.2 $ 45.4
Europe, Middle East and Africa .................... 55.4 64.8 47.4
Asia Pacific .................................... 43.6 31.1 25.2
Americas ...................................... 6.5 6.7 6.1
Other ......................................... 37.5 28.1 28.2
Corporate ...................................... 130.6 123.7 117.4
$ 335.0 $ 303.6 $ 269.7
(1) During the year ended May 31, 2009, the Other category included a pre-tax charge of $401.3 million for the
impairment of goodwill, intangible and other assets of Umbro, which was recorded in the third quarter of
fiscal 2009. See Note 4 — Acquisition, Identifiable Intangible Assets, Goodwill and Umbro Impairment for
more information.
(2) During the year ended May 31, 2009, Corporate expense included pre-tax charges of $195.0 million for the
Company’s restructuring activities, which were completed in the fourth quarter of fiscal 2009. See
Note 16 — Restructuring Charges for more information.
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