DHL 2000 Annual Report Download - page 124

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The borrowings largely relate to the following
companies:
Of reported borrowings,amounts owed to banks equal-
ing €0 million are secured by mortgages or other land
charges (as of December 31,1999:€46 m).No mort-
gages or land charges exist with respect to other bor-
rowings (also as of December 31,1999).
Liabilities from finance leasing were reclassified from
other liabilities. The previous year’s figures were ad-
justed accordingly.
The major borrowings concern the following group
companies:
(38) Trade payables
Trade payables also include liabilities from outstand-
ing supplier invoices.
Trade payables have increased by €489 million pri-
marily as a result of the growth in the number of con-
solidated companies.The amount of €1,317 million
of trade payables is largely attributable to the Danzas
group, €904 million relate to Deutsche Post AG and
€124 million to the Postbank group.
Residual terms of the liabilities are as follows:
116
Bonds 9900
Amounts owed to banks 952 101 422 429
Interest-bearing liabilities to affiliated companies 0 0 0 0
Interest-bearing liabilities to associates 0 0 0 0
Liabilities from finance leasing 38 9 22 7
Other borrowings 788 453 335 0
1,787 572 779 436
2000
Deutsche Post AG 1,246
Deutsche Post International 745
Danzas group 226
Other Group companies 196
2,413
Amount in €
millions
2000
Creditors: Amount in €
millions
19 9 9
Average inter-
est rate in %
2000
Average inter-
est rate in %
1999
Obligation
Europäische Investmentbank, Luxembourg Bank loan 745 767 3.37 – 7 3.13 – 5.95
Deutsche Post Betriebsrenten Service e.V., Eschborn Other
borrowings 654 351 4.855 3.78
Deutsche Telekom AG Other
borrowings 330 431 6.95 6.95
Deutsche Post Pensions-Service e.V. Other
borrowings 217 0 4.900 –
19 9 92000
Due within 1 year 2,599 2,111
Due after 1 year through 5 years 1 0
Due after 5 years 0 0
2,600 2,111
Residual terms to maturity as at December 31, 1999
Due after 1
year through
M ore than
5 years
Total Due w ithin
in € millions
1 year
5 years
in € millions
in € millions