DHL 2014 Annual Report Download - page 181
Download and view the complete annual report
Please find page 181 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
 |
 |
. revaluation reserve
m
2013 2014
At January 3 2
Changes recognised in other comprehensive income –1 –2
revaluation reserve at December 2 0
e revaluation reserve includes the hidden reserves of
Logistics Co. Ltd., China, from purchase price allocation. ese
are attributable to the customer relationships contained in the
interest held previously and to adjustments to deferred taxes.
. revaluation reserve
m
2013 2014
At January 0 77
Currency translation differences 1 6
Comprehensive income
Changes from unrealised gains and losses 76 107
Changes from realised gains and losses 0 0
revaluation reserve at December
before tax 77 190
Deferred taxes –9 –20
revaluation reserve at December
after tax 68 170
e revaluation reserve comprises gains and losses from changes
in the fair value of available-for-sale nancial assets that have
been recognised in other comprehensive income. is reserve is
reversed to prot or loss either when the assets are sold or other-
wise disposed of, or if their value is signicantly or permanently
impaired.
. hedging reserve
e hedging reserve is adjusted by the eective portion of a cash
ow hedge. e hedging reserve is reversed to prot or loss when
the hedged item is settled.
m
2013 2014
At January –3 59
Comprehensive income
Changes from unrealised gains and losses 111 –73
Changes from realised gains and losses – 49 –19
hedging reserve at December before tax 59 –33
Deferred taxes –22 5
hedging reserve at December after tax 37 –28
e change in the hedging reserve is mainly the result of the
recognition of previously unrealised gains and losses from hedging
future operating currency transactions. In the nancial year,
realised gains of million and realised losses of million were
recognised in other comprehensive income (previous year: realised
losses of million and realised gains of million). Deferred
taxes have been recognised in respect of the hedging reserve.
. Currency translation reserve
m 2013
adjusted 1
2014
At January – 469 – 924
Transactions with non-controlling interests –5 0
Comprehensive income
Changes from unrealised gains and losses – 451 441
Changes from realised gains and losses 1 0
Currency translation reserve at December – 924 – 483
1 Note .
Deutsche Post Group — Annual Report
175
Consolidated Financial Statements — NOTES — Balance sheet disclosures