DHL 2008 Annual Report Download - page 151

Deutsche Post World Net Annual Report 2008
Consolidated Financial Statements
Notes
Reconciliation of segment amounts to consolidated amounts
 e reconciliation column contains the e ects of consolidation adjustments and the amounts from the di ering de nitions
of segment items compared with the corresponding item for the Group.
Reconciliation
€ m Total
of continuing operations Reconciliation Consolidated amount
2007 2008 2007 2008 2007 2008
External revenue 54,043 54,474 0 0 54,043 54,474
Internal revenue 3,288 3,232 – 3,288 – 3,232 0 0
Total revenue 57,331 57,706 – 3,288 – 3,232 54,043 54,474
Other operating income 3,582 3,907 – 1,239 – 1,171 2,343 2,736
Materials expense – 33,845 – 34,801 3,142 2,822 – 30,703 – 31,979
Staff costs – 17,180 – 18,001 11 11 – 17,169 – 17,990
Other operating expenses – 5,559 – 6,716 1,374 1,570 – 4,185 – 5,146
Depreciation, amortisation and impairment losses – 2,196 – 2,662 0 0 – 2,196 – 2,662
Profi t/loss from operating activities (EBIT) 2,133 – 567 0 0 2,133 – 567
Net income from associates 3 2 0 0 3 2
Net other fi nance costs – 948 – 501
Income taxes – 173 – 200
Profi t/loss from discontinued operations 858 – 713
Consolidated net profi t / loss 1,873 – 1,979
of which attributable to
Deutsche Post AG shareholders 1,383 – 1,688
Minorities 490 – 291
Segment assets are composed of non-current assets (exclud-
ing non-current financial assets) and current assets (excluding
income tax receivables, cash and cash equivalents and current  nan-
cial instruments). Purchased goodwill is allocated to the divisions.
Reconciliation of segment assets
€ m
2007 2008
Total assets 235,420 262,964
Investment property – 187 – 32
Non-current fi nancial assets – 1,060 – 635
Other non-current assets – 413 – 449
Deferred tax assets – 1,040 – 1,033
Income tax assets – 312 – 191
Receivables and other assets – 142 – 548
Financial instruments – 72 – 50
Cash and cash equivalents – 4,683 – 1,350
Total 227,511 258,676
FINANCIAL SERVICES assets – 197,244 – 231,824
Total segment assets
(continuing operations) 30,267 26,852
External revenue is the revenue generated by the divisions
from non-Group third parties. Internal revenue is revenue gener-
ated with other divisions. If comparable external market prices exist
for services or products o ered internally within the Group, these
market prices or market-oriented prices are used as transfer prices
(arm’s length principle).  e transfer prices for services for which no
external market exists are generally based on incremental costs.
 e expenses for  services provided in the  service cen-
tres are allocated to the divisions by cause.  e additional costs
resulting from Deutsche Post ’s universal postal service obli-
gation (nationwide retail outlet network, delivery every working
day), and from its obligation to assume the compensation struc-
ture as the legal successor to Deutsche Bundespost, are allocated
to the  Division.
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