DHL 2001 Annual Report Download - page 19

Download and view the complete annual report

Please find page 19 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

19
Business Developments
Further rise in revenue and earnings
In fiscal year 2001, Deutsche Post World Net increased its revenue by 2.1% to
33.4 billion.Not including the interest-rate related revenues of the FINANCIAL
SERVICES Corporate Division, the revenues of the MAIL, EXPRESS and
LOGISTICS Corporate Divisions rose by a total of 4.7%. The share of revenue
generated abroad in the year under review amounted to 32.9%, and international
revenues increased 15.0% year-on-year. This clearly shows that the Group has
continued to pursue its internationalization strategy. 74.6% of foreign revenue
was attributable to the rest of Europe (excluding Germany), while 25.4% was
generated outside Europe.
We beat our record results for 2000 not only in terms of revenue, but also
for our profit from operating activities (EBITA),which rose by 174 million or
7.3% to 2,553 million.In particular, the EXPRESS and LOGISTICS Corporate
Divisions recorded substantial rises in profits.
Goodwill amortization of 171 million, up 27 million year-on-year, reduced
earnings. This was largely due to the first-time full-year consolidation of the
companies acquired in the previous year.
The Group
Group Management Report
MAIL 1,960 2,004 -2.2
EXPRESS 176 76 131.6
LOGISTICS 159 113 40.7
FINANCIAL SERVICES 522 505 3.4
Total for corporate divisions 2,817 2,698 4.4
Other/consolidation -264 -319
Group 2,553 2,379 7.3
2001
in €m
2000
in €m
Change
in %
Profit from operating activities (EBITA) by corporate division
MAIL 11,707 11,733 -0.2
EXPRESS 6,421 6,022 6.6
LOGISTICS 9,153 8,289 10.4
FINANCIAL SERVICES 7,604 7,990 -4.8
Total for corporate divisions 34,885 34,034 2.5
Other/consolidation -1,506 -1,326
Group 33,379 32,708 2.1
2001
in €m
2000
in €m
Change
in %
Total revenue by corporate division