DHL 1998 Annual Report Download - page 3

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1998 1997 Change
Net revenue (DM mil.) 28,689 27,640 3.8%
Profit on ordinary activities (DM mil.) 1,276 758 68.3%
Cash-flow according to DVFA/SG formula (DM mil.) 2,771 2,374 16.7%
Unappropriated retained earnings (DM mil.) 308 103 199.0%
Balance sheet total (DM mil.) 24,747 22,374 10.6%
Shareholders’equity (DM mil.) 5,408 6,141 –11.9%
Equity (in %) 21.9 27.4
Return on equity* (in %) 16.8 8.5
Capital expenditures in property, plant
and equipment (DM mil.) 1,308 1,994 –34.4%
Depreciation of property, plant and equipment (DM mil.) 1,503 1,529 –1.7%
Workforce as of December 31** 260,520 270,817 –3.8%
Full-time employees as of December 31*** 223,863 233,350 –4.1%
Personnel expenses as a percentage of total (in %) 66.2 67.9
* Profit on ordinary activities, less taxes
** Including junior staff
*** Full-time equivalents including junior staff
Deutsche Post Group financial highlights