DHL 2014 Annual Report Download - page 182
Download and view the complete annual report
Please find page 182 of the 2014 DHL annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report. Retained earnings
As well as the undistributed consolidated prots generated in prior
periods, retained earnings also contain the eects from trans-
actions with non-controlling interests.
m 2013
adjusted 1
2014
At January 6,017 7,183
Dividend payment –846 –968
Consolidated net profit for the period 2,091 2,071
Change due to remeasurements of net pension
provisions –15 –2,061
Transactions with non-controlling interests – 62 –6
Miscellaneous other changes –2 –51
Retained earnings at December 7,183 6,168
1 Note .
e dividend payment to Deutsche Post shareholders of
million was made in May . is corresponds to a divi-
dend of . per share.
For information on the change due to remeasurements of net
pension provisions, see Note ..
Changes in treasury shares are presented in the statement of
changes in equity.
Equity attributable to Deutsche Post shareholders
e equity attributable to Deutsche Post shareholders in nan-
cial year amounted to , million ( January , adjusted:
, million; December , adjusted: , million).
Dividends
Dividends paid to the shareholders of Deutsche Post are based
on the net retained prot of , million reported in Deutsche
Post ’s annual nancial statements in accordance with the
Handels gesetzbuch ( – German Commercial Code). e
amount of million remaining aer deduction of the planned
total dividend of , million (which corresponds to . per
share) will be carried forward.
Total dividend
€ m
Dividend
per share
€
Dividend distributed in financial year
for the year 968 0.80
Dividend distributed in financial year
for the year 846 0.70
As the dividend is paid in full from the tax-specic capital
contribution account (steuerliches Einlagekonto as dened by sec-
tion of the Körperschassteuergesetz (KStG – German Corpor-
ation Tax Act)) (contributions not made to subscribed capital),
payment will be made without the deduction of capital gains
tax or the solidarity surcharge. e dividend is tax exempt for
share holders resident in Germany. It does not entitle recipients
to a tax refund or a tax credit. In terms of taxation, the dividend
distribution is considered as a repayment of contributions from the
capital contribution account and – in the opinion of the tax author-
ities– serves to reduce the cost of acquiring the shares.
Non-controlling interests
m 1 Jan. 2013
adjusted 1
2013
adjusted 1
2014
Non-controlling interests 207 190 204
1 Note .
is balance sheet item includes adjustments for the interests of
non-Group shareholders in the consolidated equity from acquisi-
tion accounting, as well as their interests in prot or loss.
e following table shows the companies to which the ma-
terial non-controlling interests relate:
m 1 Jan. 2013
adjusted 1
2013
adjusted 1
2014
Sinotrans International
Air Courier Ltd., China 107 115 143
Blue Dart Express Limited, India 29 23 8
Exel Saudia , Saudi Arabia 6 8 6
Tradeteam Limited, 13 0 0
Other companies 52 44 47
Non-controlling interests 207 190 204
1 Note .
e following two companies hold material non-controlling
interests:
Sinotrans International Air Courier Ltd., China, which
has been assigned to the Express segment, provides domestic
and international express delivery and transport services.
Deutsche Post Group holds a share in the company.
Blue Dart Express Limited (Blue Dart), India, is a courier service
provider which has been assigned to the PeP segment. Deutsche
Post holds a share of in Blue Dart.
Deutsche Post Group — Annual Report
176