DHL 2004 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2004 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 140

  • 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

Financial highlights
2003 2004
Change
in %
Revenue in € m 40,017 43,168 7.9
thereof international revenue in € m 17,288 20,585 19.1
Profit from operating activities (EBITA) in € m 2,975 3,347 12.5
Return on sales
1) in % 7.4 7.8
Consolidated net profit in € m 1,309 1,588 21.3
Operating cash flow (Postbank at equity) in € m 2,491 2,578 3.5
Net debt (Postbank at equity) in € m 2,044 32 – 101.6
Return on equity (RoE) before taxes in % 34.2 32.4
Earnings per share in € 1.18 1.43 21.2
Dividend per share in € 0.44 0.50
2) 13.6
Number of employees at December 31 headcount 383,173 379,828 0.9
1) EBITA / revenue
2) The Board of Management intends to propose this dividend to the Annual General Meeting
Deutsche Post World Net is one of the world’s leading logistics companies. Our
Deutsche Post and DHL brands stand for a wide range of mail, express and logistics
services both nationally and internationally. Our portfolio is rounded off by Postbank,
the largest single institution in the German retail banking market.
We combine a global presence with far-reaching knowledge of local markets. Our
corporate divisions work hand in hand so that we can flexibly fulfill all our customers’
logistics requirements. This enables us to systematically exploit the opportunities
offered by the trends towards globalization and outsourcing.
As part of our Group-wide integration and value creation program, we are integrating
our networks, harmonizing products, managing sales structures centrally and improv-
ing all of our processes. This allows us to safeguard the quality of our products and
services; it is a prerequisite for our employees’ motivation and performance; and at
the same time we can increase enterprise value for our shareholders.
Think globally, act locally