DHL 2003 Annual Report Download - page 142
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For the period January 1 to December 31
52.1 Reconciliation of Deutsche Post World Net income statement
to Deutsche Post World Net including Postbank at equity
in €m Consolidation Deutsche Post Deutsche Post
Deutsche Consolidation of inter- World Net World Net
Deutsche Post Postbank of income company Postbank at Postbank at
World Net group and expense balances Other equity equity
2003 2003 2003 2003 2003 2003 2002
Revenue 40,017 – 6,687 577 0 0 33,907 32,343
Other operating income 1,203 –293 91 0 0 1,001 1,479
Total operating income 41,220 – 6,980 668 0 0 34,908 33,822
Materials expense –18,466 4,682 –121 0 0 –13,905 –12,435
Staff costs –13,329 574 – 4 0 0 –12,759 –12,709*
Depreciation and amortization expense
excluding goodwill amortization –1,392 112 0 0 0 –1,280 –1,292
Other operating expenses –5,058 1,080 –535 0 0 – 4,513 – 6,342*
Total operating expenses
excluding goodwill amortization –38,245 6,448 – 660 0 0 –32,457 –32,778
Profit from operating activities
before goodwill amortization (EBITA) 2,975 –5328002,451 1,044
Goodwill amortization –319 1000–318–448
Profit from operating activities (EBIT) 2,656 –5318002,133 596
Net loss from associates –28 0000–28–1
Net income from measurement
of Deutsche Postbank group at equity 00003533531,640
Net other finance costs –713 34 – 8 –1 0 – 688 – 646*
Net finance costs/financial income –741 34 – 8 –1 353 – 363 993
Profit from ordinary activities 1,915 – 497 0 –1 353 1,770 1,589
Income tax expense –573 144 0 0 0 – 429 – 8
Net profit for the period before
minority interest and extraordinary expense 1,342 –353 0 –1 353 1,341 1,581
Minority interest –33 1000–32–15
Extraordinary expense 000000–907
Consolidated net profit for the period 1,309 –352 0 –1 353 1,309 659
* Prior-period amounts restated due to reclassification of interest cost on pension obligations and other interest-bearing provisions from EBITA to net finance costs
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