DHL 2009 Annual Report Download - page 153

 Adjustment of prior-period amounts
Balance sheet
 e revised chart of accounts has improved balance sheet
transparency with respect to  nancial assets and liabilities.  e
prior-period amounts were adjusted accordingly. Further informa-
tion can be found in the relevant Notes.
Adjustment of prior-period amounts: balance sheet  December 
 m 31 Dec. 2008 Adjustments 31 Dec. 2008
adjusted Note
Non-current fi nancial assets 574 144 718 30
Other non-current assets 514 –144 370 31
Receivables and other
current assets 8,715 – 634 8,081 35
Current fi nancial assets 50 634 684 36
Non-current fi nancial
liabilities 3,318 134 3,452 46
Other non-current liabilities 367 –134 233 47
Current fi nancial liabilities 779 643 1,422 46
Other current liabilities 4,745 – 679 4,066 47
Trade payables 4,980 36 5,016 48
Adjustment of prior-period amounts: balance sheet  January 
 m 1 Jan. 2008 Adjustments 1 Jan. 2008
adjusted Note
Non-current fi nancial assets 857 128 985 30
Other non-current assets 497 –128 369 31
Receivables and other
current assets 9,806 –130 9,676 35
Current fi nancial assets 72 130 202 36
Non-current fi nancial
liabilities 8,625 213 8,838 46
Other non-current liabilities 361 –213 148 47
Current fi nancial liabilities 1,556 130 1,686 46
Other current liabilities 5,101 –199 4,902 47
Trade payables 5,384 69 5,453 48
Income statement
Since  nancial year  the expected return on plan assets
has been reported together with the interest component of pension
expenses under net  nance costs / net  nancial income.  is revised
presentation brings it into line with the generally accepted proce-
dure and thus increases the comparability of the  nancial state-
ments.  e prior-period amounts were adjusted accordingly.
On  November , the  issued the revised Standard
  (Related Party Disclosures).  e amendments primarily
comprise a modi ed de nition of the term “related party” and the
introduction of a partial exemption from the disclosure require-
ments for government-related entities. In addition, the amendments
make clear that executory contracts are also reportable transactions.
 e revised version of   is required to be applied for  nancial
years beginning on or a er  January . Earlier application is
permitted, either of the whole Standard or of the partial exemption
for government-related entities.  e amendment will result in ad-
ditional disclosure requirements.
On  November , the  issued   (Financial
Instruments), the objective of which is to lay down principles for
the classi cation and measurement of  nancial instruments. Publi-
cation of the Standard represents the conclusion of the  rst part of
a three-phase project to replace   (Financial Instruments: Rec-
ognition and Measurement) with a new Standard.   introduces
new guidance for the classi cation and measurement of  nancial
assets.  is guidance must be applied for the  rst time for  nancial
years beginning on or a er  January . Earlier application is
permitted.  e  aims to extend   in  to include new
guidance governing the classi cation and measurement of  nancial
liabilities, the derecognition of  nancial instruments, impairment
methodology and hedge accounting.   should replace   in
its entirety by the end of . Developments at the European Com-
mission must be awaited; the corresponding e ects on the Group
are being assessed.
  (Extinguishing Financial Liabilities with Equity
Instru ments) was issued on  November .  is Interpretation
addresses the accounting by an entity when the terms of a liability
are renegotiated and result in the entity issuing equity instruments
to a creditor of the entity to extinguish all or part of the  nancial
liability.  e guidance is to be applied for  nancial years beginning
on or a er  July .  e e ects on the consolidated  nancial
statements are currently being assessed.
Deutsche Post DHL Annual Report 
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