DHL 1999 Annual Report Download - page 134

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146
Report by the Supervisory Board on the 1999 Annual Report
The PwC Deutsche Revision Aktiengesellschaft Wirt-
schaftsprüfungsgesellschaft accountancy firm also
audited the Board of Management’s report on relations
with affiliated companies (the Dependency Report)
prepared in compliance with §312 of the German Stock
Corporation Law. The auditors reported on the results
of their audits and issued the following audit certificate:
“Based on the results of our statutory audit and our judg-
ment, we confirm that:
1.All actual information included in the report is correct,
2. The company’s compensation with respect to the
legal transactions listed in the report was not inapprop-
riately high.”
The Supervisory Board noted and concurred with the
results of the audit. The Supervisory Board has re-
viewed the financial statements, the Management
Report, the Board of Management’s report on relations
with affiliated companies, the Consolidated Financial
Statements and the Group’s Management Report. No
objections were raised.The Supervisory Board has there-
fore approved the financial statements and the Depen-
dency Report prepared by the Board of Management
and concurred with the Management Report. The
auditor attended the meeting. The financial statements
have thus been formally adopted.
In preparation for the stock market flotation, a new
Board of Management team was appointed in the 1999
financial year. On September 30, 1999, Dr. Benno Staab,
Board Member Letter Services - Marketing and Sales,
and on March 31,2000,Dr.-Ing.Günter W.Tumm,Board
Member Parcel Services/Express (national),Wolfhard
Bender, Board Member Letter Services - Production,
Legal Affairs, and Horst Kissel, Board Member Person-
nel, left the Board of Management. Peter Wagner, Board
Member LOGISTICS, and Uwe Rolf Dörken, Board
Member Parcel Services/ Express International, were
appointed to the Board of Management on June 1,1999.
Prof. Dr. Wulf von Schimmelmann, Board Member
FINANCIAL SERVICES, was appointed on October 1,
1999,and Walter Scheurle,Board Member Personnel,on
April 1,2000.The contracts of Dr.Klaus Zumwinkel,Dr.
Hans-Dieter Petram and Dr. Edgar Ernst have been
renewed.
During the 1999 financial year, the composition of the
Supervisory Board also underwent some modifications.
On April 30, 1999, Wilhelm Rawe and, on October 31,
1999, Gabriele Lips left the Supervisory Board. Benita
Unger and Prof. Dr. Ralf Krüger were appointed to the
Supervisory Board. The Supervisory Board underwent
further changes in the 2000 financial year.On February
29,2000, Pauline Mayer and, on March 31,2000,Walter
Scheurle and Erwin Wohlketzetter left the Supervisory
Board. As replacements, Stefanie Weckesser, Margrit
Wendt and Rolf Büttner were elected to the Supervisory
Board on April 1,2000.
The Supervisory Board would like to thank its retired
members, the management team and all the staff of
Deutsche Post for their commitment and the successful
work accomplished in 1999.
Bonn,April 14,2000
The Supervisory Board
Josef Hattig
Chairman