DHL 2014 Annual Report Download - page 173
Download and view the complete annual report
Please find page 173 of the 2014 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.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
 |
 |
. Finance leases
e following assets are carried as non-current assets resulting
from nance leases:
m
2013 2014
Land and buildings 155 142
Technical equipment and machinery 3 2
Other equipment, operating and oce equipment 10 12
Aircraft 160 84
Vehicle fleet and transport equipment 2 2
Finance leases 330 242
e reduction in aircra is attributable to impairment losses, as
part of the aircra eet was taken out of service earlier than ex-
pected. Information on the corresponding liabilities can be found
under nancial liabilities; Note ..
Investment property
. Overview
m
2013 2014
Cost
At January 53 43
Additions 2 7
Reclassifications –8 –1
Disposals –4 –8
Currency translation differences 0 1
At December 43 42
Depreciation
At January 10 10
Additions 1 0
Impairment losses 1 0
Disposals –2 0
Reclassifications 0 0
At December 10 10
Carrying amount at December 33 32
e investment property largely comprises leased property encum-
bered by heritable building rights, and developed and undeveloped
land in Germany, the , Iran and Angola. e term property
also covers undeveloped land.
e additions mainly relate to a new property in Angola. e
disposals are attributable to the sale of a property in the and
the reclassication of a property as held for sale.
Rental income for investment property amounted to mil-
lion (previous year: million), whilst the related expenses were
million (previous year: less than million). e fair value
amounted to million (previous year: million).
. Fair value measurement under
e following table shows the fair value of the investment property
measured by valuation technique.
Investment property
m Carrying
amount Fair value Level 1 1 Level 2 2 Level 3 3
December
Property – Germany 18 51 – 13 38
Property – Angola 7 7 – 4 3
Property – 6 6 – 6 –
Property – Iran 1 1 – 1 –
Total 32 65 – 24 41
December
Property – Germany 21 58 – 14 44
Property – Angola 2 2 – – 2
Property – 10 14 – 14 –
Total 33 74 – 28 46
1 Quoted prices (unadjusted) in active markets for identical assets or liabilities.
2 Quoted market prices that are observable directly (as a price) or indirectly (derived from the price).
3 Inputs that are not based on observable market data.
Deutsche Post Group — Annual Report
167
Consolidated Financial Statements — NOTES — Balance sheet disclosures