DHL 2011 Annual Report Download - page 247

A liated companies not included in the consolidated fi nancial statements
14
Headquarters
Group
equity share % Currency
Equity
thousands
Net income
thousands
Name
Skyline Air Logistics Ltd. 9 India, Mumbai 99.99  37,808 5,155
Tibbett & Britten Kontena Nasional Sdn. Bhd. 5, 8 Malaysia, Petaling Jaya 60.00  – –
Watthanothai Company Ltd. 5, 9 Thailand, Bangkok 49.00  10,100 –
Yamato Dialog & Media Co. Ltd. 3, 9 Japan, Tokyo 49.00  579,158 56,479
Other regions
Blue Funnel Angola Ltda. 2, 5, 9 Angola, Luanda 99.99  –61 –
Danzas  (private) Ltd. 4, 5 Kenya, Nairobi 100.00  – –
Danzas  (Private) Ltd. 4, 5 Zimbabwe, Harare 100.00  – –
Danzas  Intercontinental  8 Malawi, Blantyre 100.00  – –
Danzas Intercontinental Pte. Ltd. 2, 9 Mauritius, Port Louis 40.00  –56 –8
 Air Freight Forwarder (Egypt)  8 Egypt, Cairo 99.90  – –
 Danzas Air & Ocean (Kenya) Ltd. 8 Kenya, Nairobi 100.00  – –
Elder Dempster Ltda. 2, 5, 9 Angola, Luanda 99.99  –61 –
Exel Domestic Distribution (Pty) Ltd. 8 South Africa, Boksburg 100.00  – –
Exel Contract Logistics  (Pty) Ltd. 4, 5 South Africa, Elandsfontein 100.00  – –
Nile Perishable (Egypt – Europe – Trans) Ltd. 3 Egypt, Alexandria 97.20  – 801 –187
Synergistic Alliance Investments (Pty) Ltd. 2, 5, 9 South Africa, Germiston 100.00  –3,341 –
Tibbett & Britten Egypt Ltd. 8 Egypt, Cairo 50.00  – –
Reported  data.
1 Only subgroup data available. 2 Amounts from . 3 Amounts from . 4 Data not available. 5 Dormant. 6 Amounts after profi t transfer.
7 a Inclusion in accordance with  . (a). 7 b Inclusion in accordance with  . (b – d). 8 In liquidation. 9 Local . 10 Voting rights.
11 Company is included in group fi nancial statements of Deutsche Postbank . 12 Amounts from . 13 Inclusion in accordance with   .
14 Not included because they do not have signifi cant infl uence on the Group’s net assets, fi nancial position and results of operations.
Joint ventures (proportionate consolidation)
Headquarters
Group
equity share % Currency
Equity
thousands
Net income
thousands
Name
Europe
AeroLogic GmbH Germany, Leipzig 50.00  27,541 9,048
Danzas ,  5 Russia, Yuzhno-Sakhalinsk 50.00  303 0
Americas
 Logistics Canada, Vancouver 50.00  2,898 1,730
Asia Pacifi c
Express Couriers Limited 1 New Zealand, Wellington 50.00  91,625 8,252
Roadstar Transport Limited 1 New Zealand, Wellington 50.00  – –
Parcel Direct Group Pty Limited 1 Australia, Mascot 50.00  4,035 4,216
Couriers Please Pty. Ltd. 1 Australia, Pymble 50.00  – –
Express Couriers Australia  Pty Limited 1 Australia, Mascot 50.00  – –
Hills Parcel Direct Pty. Limited 1 Australia, Pymble 50.00  – –
Parcel Direct Australia Pty. Limited 1 Australia, Pymble 50.00  – –
Parcel Express  Pty Limited 1 Australia, Pymble 50.00  – –
Parcel Overnight Direct Pty. Ltd. 1 Australia, Pymble 50.00  – –
Other regions
Bahwan Exel  Oman, Muscat 44.10  908 3,510
Exel Saudia  Saudi Arabia, Al Khobar 50.00  8,819 2,219
Reported  data.
1 Only subgroup data available. 2 Amounts from . 3 Amounts from . 4 Data not available. 5 Dormant. 6 Amounts after profi t transfer.
7 a Inclusion in accordance with  . (a). 7 b Inclusion in accordance with  . (b – d). 8 In liquidation. 9 Local . 10 Voting rights.
11 Company is included in group fi nancial statements of Deutsche Postbank . 12 Amounts from . 13 Inclusion in accordance with   .
14 Not included because they do not have signifi cant infl uence on the Group’s net assets, fi nancial position and results of operations.
Deutsche Post DHL Annual Report 
Consolidated Financial Statements
Notes
Other disclosures
241