DHL 2010 Annual Report Download - page 217

programme, the Versorgungsanstalt der Deutschen Bundespost
 and the welfare service for Deutsche Post , Deutsche
Postbank  and Deutsche Telekom , as well as setting the
objectives for social housing.  e tasks are performed on the basis
of agency agreements. In , Deutsche Post  was invoiced for
  million (previous year:   million) in instalment payments
relating to services provided by the BAnstPT.
     
 
In  nancial year , the German Federal Ministry of
Finance and Deutsche Post  entered into an agreement that
governs the terms and conditions of the transfer of income
received by Deutsche Post  from the levying of the settlement
payment under the Gesetze über den Abbau der Fehlsubven tio-
nierung im Wohnungs wesen (German acts on the reduction of mis-
directed housing subsidies) relating to housing bene ts granted
by DeutschePost. In  nancial year  Deutsche Post  paid
 . million to the federal government for the  nal settlement
for  nancial year  and  . million for  nancial year .
Asagreed, the  nal settlement for  nancial year  will be made
by July .
Deutsche Post  also entered into an agreement with the
Federal Ministry of Finance dated  January  relating to the
transfer of civil servants to German federal authorities. Under this
agreement, civil servants are seconded with the aim of transferring
them initially for six months, and are then transferred permanently
if they successfully complete their probation. Once a permanent
transfer is completed, Deutsche Post  contributes to the cost
incurred by the federal government by paying a  at fee. In ,
this initiative resulted in  permanent transfers (previous year:
eight) and nine secondments with the aim of a permanent transfer
in  (previous year: ).
     

Deutsche Post  and the German Federal Employment
Agency entered into an agreement dated  October  relating
to the transfer of Deutsche Post  civil servants to the Federal
Employment Agency. In , this initiative resulted in  per-
manent transfers.
      

 e federal government holds around   of the shares of
Deutsche Telekom  directly and indirectly (via KfW Banken-
gruppe). Since the federal government, despite its non-controlling
interest, has a secure majority at the Annual General Meeting due to
its average presence there, a dependent relationship exists between
Deutsche Telekom and the federal government. Deutsche Telekom
is therefore a related party of Deutsche Post . In  nan cial year
, Deutsche Post DHL provided goods and services worth
 . billion (previous year:  . billion) for Deutsche Telekom
.  ese were mainly transport services for letters and parcels. In
the same period, the Group purchased goods and services (includ-
ing  products and services) worth  . billion (previous year:
 . billion) from Deutsche Telekom.
    
  
Deutsche Bahn  is wholly owned by the German govern-
ment. Owing to this dependent relationship, Deutsche Bahn  is
a related party to Deutsche Post . Deutsche Post DHL has vari-
ous business relationships with the Deutsche Bahn Group.  ese
mainly consist of transport service agreements.
   
Commerzbank  is a related party due to the federal govern-
ment’s equity interest in the bank of   plus one share. Since
 December , Commerzbank  has been a member of the
consortium of banks that has underwritten the syndicated credit
facility entered into with Deutsche Post . At the same time,
the bilateral credit line in the amount of   million between
Deutsche Post  and Commerzbank  was closed.
--   
 . .
Information on the Bundes-Pensions-Service für Post- und
Telekommunikation e.V. - can be found in Note .
   
 e real estate, with a fair value of  , million (previ-
ous year:  , million), of which Deutsche Post Betriebsrenten
Service e.V.  and /or Deutsche Post Pensions-Treuhand
GmbH & Co. , Deutsche Post Betriebsrenten-Service e. V. & Co.
Objekt Gronau  and Deutsche Post Grundstücks-Vermietungs-
gesellscha beta mbH Objekt Leipzig  are the legal or bene  cial
owners, is exclusively let to Deutsche Post Immobilien GmbH.
Rental expense for Deutsche Post Immobilien GmbH amounted
to   million in  (previous year:   million).  e rent
was always paid on time. Deutsche Post Pensions- Treuhand
GmbH & Co.  owns   of Deutsche Post Pensionsfonds,
which was established at the end of . No receivables or liabi l i-
ties were due as at  December .  ere were no sales relation-
ships between external authorities and a Group company of
Deutsche Post  in .
Deutsche Post DHL Annual Report 
Consolidated Financial Statements
Notes
Other disclosures
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