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Deutsche Post World Net Annual Report 2007
Dear Shareholders,
In nancial year 2007, Deutsche Post World Net consolidated its position as the
world’s leading logistics group and remains well-placed to tackle whatever challenges
the future may bring. As a market leader in virtually all its business units, the Group
is now focused on consolidation, organic growth and ensuring that shareholders
participate in our added value.
We are con dent that the Roadmap to Value programme launched in November
2007 will bring about a lasting improvement in our going concern value. rough or-
ganic growth, we aim to improve earnings power, focus on generating cash and give
shareholders a larger stake in this positive development. We are keen to ensure that
investors and analysts receive all the data needed to allow them to make an informed
assessment of the Group’s performance. In addition, the First Choice programme
rolled out Group-wide in early is designed to enhance customer satisfaction,
further improve the performance of each and every one of our , employees
and promote pro table growth.
Supervisory Board continually advises and oversees the Board of Management
In nancial year , the Supervisory Board devoted close attention to the Group’s
strategic focus and business development in all areas. Key topics under debate in
included the Roadmap to Value programme, the business development of the
EXPRESS Division in the USA, the impact of the credit crisis, changes in the German
mail market due to its complete liberalisation, the modi ed price regulation system,
the exemption from value-added tax for providers of a universal service and the
minimum wage.
All major decisions a ecting the company were discussed in detail with the Board of
Management, which informed us in a timely and comprehensive manner on all key
issues relating to planning and business development. We received regular reports
on the risk situation and risk management, major business transactions and projects
in the individual divisions, as well as on strategic measures and the company’s future
direction. In particular, all measures requiring the consent of the Supervisory Board
were discussed in depth. e members of the Board of Management presented their
reports on the basis of the related rules of procedure agreed with the Board of Man-
agement. e Board of Management kept the chairman of the Supervisory Board
continuously updated on all key transactions and major impending decisions, also
between Supervisory Board meetings. We prepared our approval for business meas-
ures in the relevant committees. e chairs of the committees reported regularly on
the committees’ work at Supervisory Board meetings.
Contents of the meetings
Two Supervisory Board meetings were held in the rst half of the year and three in
the second half. No member of the Supervisory Board was absent from more than
half of the meetings. At all of its meetings, the Supervisory Board concerned itself
with issues of corporate strategy, the business performance of the divisions and risk
management.
Dr Jürgen Weber, Chairman