DHL 2001 Annual Report Download - page 44

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44
The slide on the global financial markets continued unabated in the year under
review, despite occasional periods of recovery. Not only did the German share
index DAX fall 19.8% from the start of the year, but the Euro STOXX 50 and
Nasdaq indices also lost 18.0% and 21.2% respectively.
The share price of Deutsche Post stock started well in 2001, reaching 24.78,
its highest level to date, on February 2.With its admission to the DAX on
March 19, 2001, Deutsche Post stock was promoted to the realm of the blue chips.
In the course of the year, our share price performance ran broadly in line with
the performance of the DAX – and so was inevitably affected by the increasingly
subdued mood on the capital markets.
The price reached a 52-week low of 11.80 on September 11 as a direct con-
sequence of the terrorist attacks in New York and Washington, which led to
great uncertainty on the capital markets and in some cases caused share prices
to slide heavily.In the following weeks, Deutsche Post stock initially recovered
more quickly than the majority of DAX 30 stocks, but came under pressure
again in mid-October, following media reports of alleged anthrax-laced letters
in Germany. On the last trading day of 2001, it closed at 14.99 which corre-
sponds to a drop of 34.5%.
Unsettled market environment continues into 2001
Earnings per share in € 1.42 1.36 4.4
Dividend per share in € 0.371) 0.27 37.0
Cash flow per share2) in € 3.32 3.13 6.1
Return on equity before taxes3) in % 46.0 62.1
Deutsche Post stock data
2001 2000 Change
in %
1) The Board of Management intends to propose a dividend distribution of €412 million to the Annual General Meeting.
2) Cash flow I.
3) Profit from ordinary activities before tax/average equity.