DHL 2006 Annual Report Download - page 159
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Notes
57 Significant subsidiaries, joint ventures, and associates
Significant subsidiaries, joint ventures, and associates
Country
Equity interest
and share of
voting rights/%
Equity interest
and share of
voting rights/%
Revenue1)
€m
Revenue1)
€m
Dec. 31, 2005 Dec. 31, 2006 2005 2006
Significant subsidiaries
MAIL
Global Mail Inc. USA 100.00 100.00 593 647
Williams Lea Limited (Group)2) UK – 66.15 – 336
Williams Lea Inc. (Group)2) USA – 66.15 – 182
Deutsche Post Global Mail (UK) Ltd. UK 100.00 100.00 63 80
Interlanden B.V. Netherlands 100.00 100.00 71 71
Deutsche Post In Haus Service GmbH Germany 100.00 100.00 63 71
Deutsche Post Customer Service Center GmbH Germany 100.00 100.00 62 69
Deutsche Post Selekt Mail Nederland C.V. Netherlands 51.49 51.49 53 64
EXPRESS/LOGISTICS
DHL Express (USA) Inc. USA 100.00 100.00 3.561 3,359
Exel Europe Ltd.3) UK – 100.00 – 2,303
DHL Express Vertriebs GmbH & Co. OHG Germany 100.00 100.00 1.548 1,576
Air Express International USA Inc. USA 100.00 100.00 1.372 1,574
Exel Inc.3) USA – 100.00 – 1,420
DHL Freight GmbH Germany 100.00 100.00 1.166 1,307
DHL Express (France) SAS France 100.00 100.00 987 988
DHL Express (Sweden) AB Sweden 100.00 100.00 853 901
DHL Express (Italy) S.r.L. Italy 100.00 100.00 807 851
Exel UK Ltd.3) UK – 100.00 – 795
DHL Global Forwarding Germany GmbH Germany 100.00 100.00 514 625
DHL Solutions GmbH Germany 100.00 100.00 480 612
DHL International (UK) Ltd. UK 100.00 100.00 569 582
Exel Transportation Services Inc.3) USA – 100.00 – 570
DHL Express Betriebs GmbH Germany 100.00 100.00 534 557
DHL Express Iberia S. L. (Group) Spain 100.00 100.00 504 549
DHL Express (UK) Limited UK 100.00 100.00 646 526
Exel Global Logistics Inc.3) USA – 100.00 – 503
Danzas S.p.a. Italy 100.00 100.00 285 469
DHL Logistics (HK) Ltd. Hong Kong 100.00 100.00 421 451
FINANCIAL SERVICES
Deutsche Postbank AG (Group) Germany 66.77 50.00 + 1 share 6,355 9,525
SERVICES4)
Significant joint ventures5)
Exel-Sinotrans Freight Forwarding Co. Ltd.3) China – 50.00 – 316
Express Couriers Ltd. New Zealand 50.00 50.00 75 72
Danzas DV LLC Russia 50.00 50.00 6 5
Associates6) –––––
1) IAS amounts reported in single-entity financial statements.
2) Acquired on March 24, 2006.
3) Included in consolidated revenue since January 1, 2006.
4) Almost exclusively internal revenue.
5) Proportionate amounts.
6) The Group did not hold any significant interests in associates.
155
Deutsche Post World Net Annual Report 2006
Consolidated Financial Statements