DHL 1999 Annual Report Download - page 106

Download and view the complete annual report

Please find page 106 of the 1999 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.

Page out of 139

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139

Notes
117
(16) M inority interest
In the 1999 financial year, minority interest income
amounted to EUR 6 million (1998:EUR 5 million); loss
attributable to minorities amounted to EUR 1 million
(1998:EUR 5 million).
(17) Other taxes
Taxes other than taxes on income and profit are recog-
nized either under the respective expense items or, if
an individual attribution is not possible, under other
operating expenses. In the period under review, other
tax expenses amounted to EUR 127 million (1998: EUR
142 million).
(18) Earnings per share
In accordance with IAS 33 (Basic Earnings per Share)
the basic earnings per share are determined by dividing
the Deutsche Post Group profit by the average number
of shares. In 1999, the number of shares (42,800,000)
remained unchanged compared to the previous year. In
the 1999 financial year, earnings per share (nominal
value: DEM 50) amounted to EUR 25.98 (1998: EUR
21.61). Diluted earnings per share varying from the
basic earnings per share cannot be determined, as no
option rights on shares are outstanding.
(19) Dividend per share
The proposed dividend for the 1999 financial year
amounts to EUR 179 million.Given a total of 42,800,000
shares, this means a dividend per share amounting to
EUR 4.18. In 1998, the dividend amounted to EUR 153
million. With the same number of shares, this meant a
dividend per share amounting to EUR 3.58.