DHL 2002 Annual Report Download - page 150

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65
Additional Information
Summary of the HGB Annual Financial Statements of Deutsche Post AG
Balance sheet
Cash flow statement*
in €m DPAG DPAG
2001 2002
Cash flows from operating activities 2,277 2,810
Cash flows from investing activities -1,529 -1,385
Cash flows from financing activities -651 -813
Net change in cash and cash equivalents 97 612
*in accordance with GAS 2 (HGB)
For the period January 1 to December 31
As of December 31
in €m DPAG DPAG
2001 2002
Assets
Fixed assets
Intangible assets 78 37
Tangible assets 5,846 5,509
Financial assets 7,645 10,334
13,569 15,880
Current assets
Inventories 101 84
Receivables and other assets 3,624 2,892
Cash-in-hand, central bank balances,
bank balances and checks 151 763
3,876 3,739
Prepaid expenses 162 167
17,607 19,786
Equity and liabilities
Equity
Subscribed capital 1,113 1,113
Capital reserves 1,538 1,538
Revenue reserves 1,362 2,915
Net income for the year 1,965 1,406
5,978 6,972
Provisions 8,207 9,823
Liabilities 3,311 2,884
Deferred income 111 107
17,607 19,786
Other provisions/Accruals
Provisions for future internal expenses that are permitted
under the HGB are eliminated under IASs. Under IASs,
provisions for expenses that are less likely than not to be
settled (50% plus rule) or that are still dependent on a
future event are disclosed in the Notes and are not recog-
nized (contingent liability).
Gain from merger of Deutsche Post
Beteiligungen GmbH
Within the framework of the merger of Deutsche Post
Beteiligungen GmbH with Deutsche Post AG, loss carry-
forwards were transferred to Deutsche Post AG that led
to the recognition of merger income.
G
F
Gewinn- und Verlustrechnung
in €m DPAG DPAG
2001 2002
Sales 15,179 14,831
Other operating income 1,229 1,105
Total operating income 16,408 15,936
Cost of materials 3,550 3,669
Personnel expenses 8,064 8,363
Depreciation and amortization 613 650
Other operating expenses 2,261 2,415
Total operating expenses 14,488 15,097
Financial result 45 193
Result from ordinary activities 1,965 1,032
Extraordinary result 0 374
Taxes on income 0 0
Net income for the year 1,965 1,406
Retained profits brought forward 1,458 1,965
Distribution 300 412
Change in revenue reserves 1,158 1,553
Net retained profit 1,965 1,406
For the period January 1 to December 31
Income statement