Among the applicants for Kurzarbeit and loans from the national KfW development bank submitted by DAX 30 and MDAX 60 companies, Adidas AG demonstrates the urgency of reinvesting resources in productive capabilities. While the company received approval of a €2.4 billion KfW-backed loan and slashed the hours of more than a thousand of its employees in Germany, its financial statements reveal that in the last five years it spent 73 per cent of its net income—a total of €4.7 billion—on dividends and share buybacks.