DHL 2001 Annual Report Download - page 115

Download and view the complete annual report

Please find page 115 of the 2001 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 188

  • 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
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188

Consolidated Financial Statements
Notes
115
•The segment revenue and expense of the
FINANCIAL SERVICES Corporate Division also
includes the Deutsche Postbank group’s interest
income and expense, which is allocated to the
business operations of this corporate division.
•Segment assets are composed of noncurrent assets
(intangible assets and property, plant and equip-
ment) and current assets (excluding income tax
receivables, cash and cash equivalents, and current
financial instruments) including receivables from
financial services. Purchased goodwill is allocated
to the corporate divisions.
•Segment liabilities relate to non-interest bearing
liabilities (excluding income tax liabilities) and to
liabilities from financial services.
•Segment investments relate to intangible assets
(including purchased goodwill) and property,
plant and equipment.
•Depreciation,amortization and write-downs
relate to the segment assets allocated to the indi-
vidual corporate divisions.
•Other non-cash expenses relate primarily to the
cost of recognizing provisions.
8.3 Notes to the amounts of the segments
by region (secondary reporting)
•The allocation of external revenue is based on the
location of the customers. Only revenue generated
from non-Group third parties is disclosed.
•Segment assets are allocated to the location of
the assets. They are composed of the noncurrent
assets (intangible assets and property, plant and
equipment) and current assets (excluding cash
and cash equivalents and current financial instru-
ments) of the individual regions.Segment assets
also include purchased goodwill, which is gener-
ally allocated by the domicile of the companies
concerned.
•Segment investments are also allocated on the basis
of the location of the assets concerned. They
include investments in intangible assets (including
purchased goodwill) and property, plant and
equipment.
Notes to the income statement
9. Revenue and income from banking transactions
Revenue is generally recognized when services are
rendered, goods or products are delivered and inter-
est, commissions and other income from banking
transactions are collected, where the amount of
revenue can be reliably measured and it is probable
that the economic benefits from the transactions
will flow to the Group. Revenue and income from
banking transactions is composed as follows:
€844 million of the revenue increase is attribut-
able to the Danzas group, and was due primarily
to acquisitions in fiscal year 2001 and recognition
of the full-year revenue of the acquisitions in fiscal
year 2000.
As in the prior-year period, there was no revenue
or income from banking transactions in fiscal year
2001 that was generated on the basis of barter trans-
actions.
The further classification of revenue by corpo-
rate divisions and the allocation of revenue and in-
come from banking transactions to geographical
regions is presented in the accompanying segment
reporting (see note 8).
2000
Revenue and income from banking transactions
Revenue 25,880 24,806
Income from banking transactions 7,499 7,902
33,379 32,708
2001in €m