DHL 2000 Annual Report Download - page 115

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Financial assets do not include bonds and other fixed-
interest securities, equities and other non-fixed-interest
securities serving trading purposes.Bonds are valued
in accordance with IAS 25.23 at continued acquisition
costs.Premiums and discounts are accrued in accor-
dance with the remaining term to maturity of the re-
spective paper and recognized under financial assets.
In the event of the respective values being permanently
impaired they are written down.
Equities and other non-fixed-interest securities are val-
ued at acquisition costs in accordance with IAS 25.23.
Shares of the Special Purpose Funds are reported at
fair values.In the event that values are permanently im-
paired,the respective values are written down.
(28) Securities
All Group securities which cannot be classified under
financial assets or financial services securities are re-
ported under this item. In accordance with IAS 25
(Accounting for Investments),securities are recognized
at their market value.Write-downs and write-ups due to
changed market values are included in other financial
income.
(29) Deferred tax assets
Deferred tax assets were accounted for in accordance
with IAS 12 (Income Taxes).They derive primarily
from tax loss carry forwards held by Deutsche Post AG
and Deutsche Postbank AG.
107
Notes
2000 1999 2000 1999 2000
Country risks Potential risks Total
19 9 9
Risk provision
2000
Individual risks
1999
As at 01.01 . 188 180 0 0 62 52 250 232
Additions
Provisions charged to income 234 71 15 0 14 10 263 81
Disposals
Changes not affecting income 0 0 0 0 0 0 0 0
Utilization 119 50 7 0 0 0 126 50
Provision credited to income 59 13 1 0 4 0 64 13
As at 12.31. 244 188 7 0 72 62 323 250
2000 1999 2000 1999 2000
Due after 1 year Due after 5 years Total
19 9 9
Residual terms as at December 31
2000
Due w ithin 1 year
1999
Receivables from banks 15,686 14,924 12,700 8,340 9,629 3,905 38,015 27,169
Receivables from customers 5,625 2,024 13,949 599 19,404 962 38,978 3,585
Trade assets 466 11 223 0 75 0 764 11
Financial assets 8,851 5,516 22,563 8,604 19,729 10,546 51,143 24,666
30,628 22,475 49,435 17,543 48,837 15,413 128,900 55,431
in € millions
in € millions
through 5 years