DHL 2009 Annual Report Download - page 31
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BUSINESS AND ENVIRONMENT 15
Business activities and organisation 15
Disclosures required by takeover law 17
Remuneration of the Board of Management
and the Supervisory Board 20
Economic parameters 20
Corporate strategy 25
Group management 27
CAPITAL MARKET 28
Deutsche Post shares 28
Roadmap to Value 31
EARNINGS, FINANCIAL POSITION
AND ASSETS AND LIABILITIES 32
The Group’s economic position 32
Signifi cant events 32
Earnings 33
Financial position 35
Assets and liabilities 42
DIVISIONS 45
Overview 45
46
53
, 61
66
NON-FINANCIAL PERFORMANCE INDICATORS 71
Employees 71
Corporate responsibility 76
Procurement 79
Research and development 81
Brands 81
RISKS 83
Opportunity and risk management 83
Risk categories and specifi c risks 85
Overall assessment of the Group’s
risk position 91
FURTHER DEVELOPMENTS AND OUTLOOK 92
Report on post-balance sheet date events 92
Report on expected developments 92
Opportunities 97
15
83
92
28
32
45
71