DHL 2006 Annual Report Download - page 90

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Annual financial statements and dependent company report audited
PricewaterhouseCoopers Aktiengesellscha Wirtschasprüfungsgesellscha, Düssel-
dorf (PwC), the auditing company appointed by the AGM to audit the nancial
statements, audited the annual and consolidated nancial statements for scal ,
including the respective management reports, and issued unqualied audit opinions.
Aer a detailed preliminary examination by the Finance and Audit Committee,
the Supervisory Board reviewed the annual and consolidated nancial statements
and the management reports for scal  at today’s plenary meeting. e
auditor’s reports were made available to all Supervisory Board members and
were intensively discussed at the meeting with the Board of Management and the
auditors in attendance. e audit included the Board of Management’s proposal
for the appropriation of the unappropriated surplus. At today’s meeting, aer
detailed discussion with the Board of Management and the auditors’ representative,
the Supervisory Board concurred with the results of the audit of the annual and
consolidated nancial statements and the management reports conducted by the
auditors and approved the annual and consolidated nancial statements for scal
. Based on the nal result of the examination of the annual nancial statements,
the consolidated nancial statements, the management reports and the proposal for
the appropriation of the unappropriated surplus by the Supervisory Board and the
Finance and Audit Committee, there are no objections to be raised. e Supervisory
Board endorses the Board of Management’s proposal for the appropriation of the
unappropriated surplus and the payment of a dividend of . per share.
PwC also audited the Board of Management’s report disclosing relations with aliated
companies (dependent company report) required by Section  of the Aktiengesetz
(German Stock Corporation Act) and issued the following audit opinion:
“On completion of our audit in accordance with professional standards, we conrm that
. the factual statements made in the report are correct,
. the company’s compensation with respect to the transactions listed in the report
was not inappropriately high.”
e dependent company report was audited in terms of completeness and accuracy.
e Board of Management exercised due care in identifying the aliated companies.
It took the necessary precautions in recording the transactions and other measures
which the company undertook or refrained from undertaking in the scal year
under review either with, at the request of, or in the interest of the German federal
government as the controlling entity or with companies aliated with the federal
government. According to the ndings of the audit, there are no apparent grounds
indicating that transactions or measures were not recorded in full. e Supervisory
Board therefore endorses the results of the audit conducted by the auditors. ere
are no objections to be raised to the declaration of the Board of Management at the
end of the report.
86
Deutsche Post World Net Annual Report 2006
86