DHL 2013 Annual Report Download - page 167
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Please find page 167 of the 2013 DHL annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report. Other operating expenses
m
2012 2013
Expenses for advertising and public relations 341 341
Cost of purchased cleaning and security services 315 321
Travel and training costs 344 315
Other business taxes 550 301
Insurance costs 240 271
Warranty expenses and compensation payments 237 259
Write-downs of current assets 198 226
Telecommunication costs 227 220
Oce supplies 172 180
Consulting costs 206 177
Expenses from currency translation differences 181 156
Entertainment and corporate hospitality expenses 144 147
Services provided by the Federal Posts and
Telecommunications Agency 87 93
Losses on disposal of assets 59 87
Voluntary social benefits 78 80
Contributions and fees 69 75
Commissions paid 68 70
Legal advisory costs 66 61
Monetary transaction costs 38 40
Audit costs 32 33
Expenses from prior-period billings 28 29
Expenses from derivatives 56 20
Donations 19 20
Miscellaneous 288 325
Other operating expenses 4,043 3,847
e decline in other operating expenses is mainly due to the
lower business taxes. e prior-year gure included the additional
payment imposed by the tax authorities for the period from
to June .
million of the losses on disposal of assets is attributable
to the deconsolidation loss from the sale of Fashion (France)
’s fashion logistics business; Note .
Miscellaneous other operating expenses include a large num-
ber of smaller individual items.
Taxes other than income taxes are either recognised under
the related expense item or, if no specic allocation is possible,
under other operating expenses.
Net income from associates
m
2012 2013
Net income from associates 2 2
Investments in companies on which a signicant inuence
can be exercised and which are accounted for using the equity
method contributed million (previous year: million) to net
nance costs. As in the previous year, this contribution mainly
relates to Danzas Emirates , United Arab Emirates.
Net other finance costs
m
2012 2013
Other financial income
Interest income 48 92
Income from other equity investments and financial
assets 6 14
Gains on the disposal of associates 541 0
Other financial income 62 76
657 182
Other finance costs
Interest expenses 1 – 671 –365
of which unwinding of discounts for net
provisions for pensions and other provisions 1 –381 –187
Write-downs of financial assets –35 –26
Other finance costs –372 – 40
–1,078 –431
Foreign currency result –37 – 42
Net other finance costs – 458 –291
1 Prior-year amounts adjusted Note .
Net other nance costs improved by million to mil-
lion. e change in nancial income is due to the disposal gain of
million on the sale of Deutsche Postbank included in the
prior-year gure. e interest income from the reversal of a provi-
sion for interest on tax liabilities made a positive contribution in
the nancial year.
Finance costs were lower. In the previous year, this gure had
included the interest expense on the additional payment. In -
nancial year , the lower interest expense on pensions and other
provisions resulting from the decline in interest rates in particular
improved net nance costs.
Net nance costs includes interest income of million
(previous year: million) as well as interest expense of mil-
lion (previous year, adjusted: million). ese result from
nancial assets and liabilities that were not measured at fair value
through prot or loss.
Further information on the unwinding of discounted net
pension provisions can be found in Note ..
163Deutsche Post DHL 2013 Annual Report
Notes
Income statement disclosures
Consolidated Financial Statements