DHL 2015 Annual Report Download - page 177
Download and view the complete annual report
Please find page 177 of the 2015 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.Deutsche Post Group — Annual Report
e changes in transactions with non-controlling interests
without change of control are presented in the following table.
Transactions with non-controlling interests
m 2014 2015
Currency
translation reserve
Retained
earnings Total
Currency
translation reserve
Retained
earnings Total
Giorgio Gori Group, Italy 0 16 16 0 0 0
Blue Dart Express Limited, India 0 –10 –10 0 1 1
Korea Limited, Korea 0 0 00–5 –5
Other 0 –12 –12 0 1 1
Total 0–6 –6 0–3 –3
Equity attributable to Deutsche Post shareholders
e equity attributable to Deutsche Post shareholders in nan-
cial year amounted to , million (previous year:
, 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 . 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
pershare
€
Dividend distributed in financial year
fortheyear 1,030 0.85
Dividend distributed in financial year
fortheyear 968 0.80
As the dividend is paid in full from the tax-specic capital contri-
bution account (steuerliches Einlagekonto as dened by section
of the Körperschassteuergesetz (KStG – German Corporation 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 shareholders 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 authorities – serves to reduce the
cost of acquiring the shares.
Non-controlling interests
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 material
non-controlling interests relate:
m
2014 2015
Sinotrans International Air Courier Ltd., China 143 176
Blue Dart Express Limited, India 8 12
Exel Saudia , Saudi Arabia 6 9
Other companies 47 64
Non-controlling interests 204 261
Material non-controlling interests exist in the following two com-
panies:
Sinotrans International Air Courier Ltd., China, which has
been assigned to the Express segment, provides domestic and inter-
national 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 as-
signed to the PeP segment. Deutsche Post holds a share of
in Blue Dart.
167
Consolidated Financial Statements — NOTES — Balance sheet disclosures