DHL 2007 Annual Report Download - page 155
Download and view the complete annual report
Please find page 155 of the 2007 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.151
Notes Consolidated Financial Statements
Deutsche Post World Net Annual Report 2007
31.1 Maturity structure
€m Payable
on demand
Less than
3 months
3 months
to 1 year
1 year
to 2 years
2 years
to 3 years
3 years
to 4 years
4 years
to 5 years
More than
5 years Total
2007
Loans and advances to other banks 1,601 14,071 2,038 1,624 772 679 1,846 1,950 24,581
Loans and advances to customers 2,931 10,413 8,586 7,177 5,852 6,627 7,085 43,028 91,699
Trading assets 1 1,002 1,568 1,691 456 346 301 4,571 9,936
Hedging derivatives 1 44 5 18 15 7 23 308 421
Investment securities 0 2,100 4,926 7,469 6,545 5,133 7,094 35,236 68,503
4,534 27,630 17,123 17,979 13,640 12,792 16,349 85,093 195,140
2006
Loans and advances to other banks 1,906 5,470 1,733 934 1,254 858 846 3,349 16,350
Loans and advances to customers 2,193 5,719 8,340 8,429 8,976 7,129 10,050 36,288 87,124
Trading assets 0 643 827 6,817 1,365 568 708 2,352 13,280
Hedging derivatives 0631511223121322485
Investment securities 46 1,845 5,714 4,484 5,127 4,594 5,540 35,846 63,196
4,145 13,740 16,629 20,675 16,744 13,180 17,165 78,157 180,435
31.2 Allowance for losses on loans and advances
€m Specifi c valuation allowances
Portfolio-based
valuation allowances Total
2006 2007 2006 2007 2006 2007
Balance at 1 January 732 1,090 44 65 776 1,155
Reclassifi cation due to IFRS 7 0 –30 0 0 0 –30
Changes in consolidated group 267 0 2 0 269 0
Additions 384 415 19 19 403 434
Utilisation –161 –236 0 0 –161 –236
Reversal –100 –130 0 –1 –100 –131
Unwinding –29 –34 0 0 –29 –34
Currency translation differences –3 – 4 0 0 –3 – 4
Balance at 31 December 1,090 1,071 65 83 1,155 1,154
31.3 Hedging derivatives
Hedges with positive fair values that qualify for hedge accounting under
IAS are composed of the following items:
€m Fair value hedges
2006
Fair value hedges
2007
Assets
Hedging derivatives on loans to other banks
Loans and receivables 8 11
Hedging derivatives on loans to customers
Loans and receivables 11 13
Hedging derivatives on investment securities
Bonds and other fi xed-income securities 281 241
300 265
Liabilities
Deposits from other banks 35 17
Amounts due to customers 41 14
Securitised liabilities 101 98
Subordinated debt 8 27
185 156
Hedging derivatives 485 421
32 Financial instruments
Current financial instruments rose by million year-on-year to
million primarily as a result of loans granted.
33 Cash and cash equivalents
€m 2006 2007
Cash 453 508
Money in transit 475 920
Bank balances 1,123 3,061
Cash equivalents 122 46
Other cash and cash equivalents 218 148
Cash and cash equivalents 2,391 4,683