DHL 2000 Annual Report Download - page 33

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Group Management Report
25
Proposed dividend of 300 million
By increasing the number of shares and converting from nominal value
shares to no-par value shares in 2000,the number of shares increased to
a total of 1,112,800,000 no-par value shares (compared with 42,800,000
shares at a nominal value of DM 50 each).In addition a capital increase was
carried out from reserves of around €18.6 million. For financial year 2000
the (undiluted) earnings per share were €1.36.
In the previous year,the same number of shares would have yielded earnings
per share of €0.92.The Board of Management has proposed a dividend dist-
ribution for financial year 2000 of around €300 million. That corresponds
to a dividend per share of €0.27.
Increase in w orkforce
At Group level we were able to reduce staff costs as a ratio of revenue from
51.4% to 33.8%.We owe this trend to lower pension contributions as well as
productivity gains,e.g.in the mail area,and structural effects.
Overall,the Group’s total workforce rose by 8.1% to 278,705 employees
(calculated as FTEs, not including trainees) as at December 31, 2000.
2000 1999 Change in %
Development of w orkforce* by corporate division
*Calculated as FTEs, excluding trainees
MAIL 140,613 142,332 – 1.2
EXPRESS 46,612 38,319 + 21.6
LOGISTICS 43,253 29,010 + 49.1
FINANCIAL SERVICES 11,299 11,575 – 2.4
Other (incl. retail outlet branches) 36,928 36,600 +0.9
Total as at 12.31 278,705 257,836 + 8.1
Workforce within the Group (Headcount, incl. trainees) 324,203 301,229 + 7.6