DHL 2009 Annual Report Download - page 179

. Revaluation reserve in accordance with  
 m
2008 2009
As at  January 0 8
Changes not recognised in income 8 –1
Revaluation reserve in accordance with  
as at  December 8 7
 e revaluation reserve in accordance with   includes
the hidden reserves of  Logistics Co. Ltd., China (former Exel
Sinotrans Freight Forwarding Co. Ltd.) from the purchase price al-
location.  ey relate to the customer relationships included in the
previous   interest and to adjustments to deferred taxes.
. Currency translation reserve
 e currency translation reserve includes the translation gains
and losses generated when consolidating subsidiaries reporting in
foreign currency.
 m
2008 2009
As at  January – 897 –1,397
Changes recognised in income 0 31
Changes not recognised in income – 500 151
Currency translation reserve as at  December –1,397 –1,215
 Retained earnings
Retained earnings contain the undistributed consolidated
pro ts generated in prior periods. Changes in the reserves during
the  nancial year are also presented in the statement of changes in
equity.
 m
2008 2009
As at  January 8,953 6,178
Dividend payment –1,087 –725
Consolidated net profi t or loss for the period –1,688 644
Miscellaneous other changes 0 1
Retained earnings as at  December 6,178 6,098
 Equity attributable to Deutsche Post  shareholders
 e equity attributable to Deutsche Post  shareholders in
 nancial year  amounted to  , million (previous year:
 , million).
Dividends
Dividends paid to the shareholders of Deutsche Post  are
based on the unappropriated surplus of   million reported in the
annual  nancial statements of Deutsche Post  prepared in accord-
ance with the German Commercial Code.  e amount of   mil-
lion remaining a er deduction of the planned total dividend of
  million (which is  . per share) will be carried forward.
In  nancial year  a dividend of   million was paid for
. In the previous year, dividend payments for  amounted
to  , million.  is was a dividend per share of  . for ,
and of  . for .  e dividend is tax-exempt for shareholders
resident in Germany. No capital gains tax (investment income tax)
will be withheld on the distribution.
 Minority interest
Minority interest includes adjustments for the interests of
non-Group shareholders in the consolidated equity from acquisi-
tion accounting, as well as their interests in pro t or loss.  e inter-
ests relate primarily to the following companies:
 m
2008 2009
Deutsche Postbank Group 1,914 0
 Sinotrans International Air Courier Ltd., China 67 53
Other companies 45 44
Minority interest 2,026 97
 Provisions for pensions and other employee benefi ts
 e information below on pension obligations is broken down
into the following areas: Germany, , Other and the Deutsche
Postbank Group. Since March , the Deutsche Postbank Group
has been included as an associate. Its amounts were reclassi ed as
at  December  in accordance with   and were excluded
from the disclosures on pension obligations in .
Deutsche Post DHL Annual Report 
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