DHL 2015 Annual Report Download - page 173

Deutsche Post  Group —  Annual Report
 .
e company plans to sell properties. All properties recognised as
at  December  were sold over the course of the year. A piece
of land recognised as investment property was reclassied as held
for sale. e most recent appraisal of the assets prior to reclassica-
tion did not indicate any impairment, as in the previous year.
. 
Deutsche Post  Group has sold all of its shares in e-commerce
company nugg.ad GmbH (formerly nugg.ad  predictive behav-
ioral targeting), Germany, to Zalando Media Solution GmbH. e
transfer of the shares is still subject to antitrust approval. e trans-
action is expected to be completed in the rst quarter of . e
assets and liabilities have been reclassied as assets held for sale and
liab ilities associated with assets held for sale in accordance with
 . e most recent measurement prior to reclassication did
not indicate any impairment.
nugg.ad GmbH
 m
31 Dec. 2015
Non-current assets 0
Current assets 2
Cash and cash equivalents 1
 3
Non-current provisions and liabilities 0
Current provisions and liabilities 2
   2
e sale was completed in late January .
 
e Group plans to sell Güll GmbH, Germany, and Presse-Service
Güll GmbH, Switzerland, which are both accounted for using the
equity method. e Group holds   of the shares of each joint
venture. e investments were reclassied as assets held for sale in
the amount of  million. e most recent measurement prior to
reclassication led to an impairment loss of  million.

e aircra sales planned by various companies are reported under
Other. As part of early eet renewal activities, the number of legacy
aircra is to be reduced.  Aviation (Netherlands) . ., the
Nether lands, European Air Transport Leipzig GmbH, Germany,
and  International GmbH, Germany, report  aircra as avail-
able for sale. Prior to reclassication as assets held for sale, an im-
pairment loss of  million was recognised on the aircra reclas-
sied during the nancial year. In the previous year, the impairment
loss of  million related solely to the available-for-sale aircra
of  Aviation (Netherlands) . .
 Issued capital and purchase of treasury shares
As at  December , KfW Bankengruppe (KfW) held a . 
(previous year: . ) interest in the share capital of Deutsche Post .
e remaining .  (previous year: . ) of the shares were in
free oat. KfW holds the shares in trust for the Federal Republic of
Germany.
. Changes in issued capital
e issued capital amounts to , million. It is composed of
,,, no-par value registered shares (ordinary shares) with
a notional interest in the share capital of  per share and is fully
paid up.
Changes in issued capital and treasury shares

2014 2015
Issued capital
Balance at  January 1,209,015,874 1,211,180,262
Addition due to capital increase 2,164,388 1,568,593
Addition due to contingent capital increase
(convertible bond) 0 4,832
Balance at  December
( accordingto commercial register) 1,211,180,262 1,212,753,687
Treasury shares
Balance at  January 0 –1,507,473
Treasury shares acquired –3,158,717 –2,628,575
Treasury shares sold 0 14,992
Treasury shares issued 1,651,244 2,552,463
Balance at  December –1,507,473 –1,568,593
Total at  December 1,209,672,789 1,211,185,094
e capital was increased in December  by issuing new shares.
e same number of shares was subsequently repurchased from the
market. As at  December , Deutsche Post  held ,,
treasury shares (previous year: ,, treasury shares).
. Authorised and contingent capital
Authorised / contingent capital at  December 
Amount
 m Purpose
Authorised Capital 
236
Increase in share capital against
cash / non-cash contributions
( until  May )
Contingent Capital 
75
Issue of options / conversion
rights ( May )
Contingent Capital 
75
Issue of options / conversion
rights ( May )
Contingent Capital 
40
Issue of subscription rights
toexecutives ( May )
163
Consolidated Financial Statements — NOTES — Balance sheet disclosures