DHL 2015 Annual Report Download - page 68

Deutsche Post  Group —  Annual Report
Capital expenditure in the Post - eCommerce - Parcel division increased from  mil-
lion in the prior year to  million. e largest capex portion continued to be attrib-
utable to the expansion of our domestic and international parcel network. We also
focused upon investments in other operating and oce equipment and .
In the Express division, capital expenditure amounted to  million in the report-
ing year (previous year:  million). Our investments went to maintaining and renew-
ing our aircra eet as well as to expanding our global and regional hubs in Leipzig,
Cincinnati, Singapore, Brussels and the East Midlands. Substantial investments were
also made in selected markets such as the , China and the United States.
In the Global Forwarding, Freight division, a total of  million was invested in
 (previous year:  million). Of that gure,  million was attributable to the
Global Forwarding business unit, where we invested in turnaround measures. We also
modernised and refurbished warehouses and oce buildings across all regions. A total
of  million was invested in the Freight business unit, mainly for real estate, equip-
ment and machinery, and soware.
In the Supply Chain division, capital expenditure increased to  million, from
 million in the previous year. Around   of the funds were used to support new
business. e Americas and Asia Pacic regions had the highest level of expenditure on
new customer projects, notably in the Consumer, Automotive as well as Life
Sciences & Healthcare sectors. In the Europe region, we invested mainly in renewals and
refurbishments, predominantly in the Retail and Automotive sectors. Additional invest-
ments were made in vehicle eet replacements.
Cross-divisional capital expenditure decreased from  million in the previous
year to  million in the reporting year due to lower expenses for the vehicle eet.
Capex and depreciation, amortisation and impairment losses, full year .
PeP Express
Global Forwarding,
Freight Supply Chain
Corporate Center /
Other Consolidation 1 Group
2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015
Capex  m415 533 571 856 207 123 304 318 380 192 –1 21,876 2,024
Depreciation, amortisation
andimpairment losses  m340 319 462 404 88 396 268 313 224 233 –1 01,381 1,665
Ratio of capex to depreciation,
amortisation and impairment
losses 1.22 1.67 1.24 2.12 2.35 0.31 1.13 1.02 1.70 0.82 – – 1.36 1.22
1 Including rounding.
Capex and depreciation, amortisation and impairment losses,   .
PeP Express
Global Forwarding,
Freight Supply Chain
Corporate Center /
Other Consolidation 1 Group
2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015
Capex  m208 209 296 360 79 22 108 98 181 91 –1 2871 782
Depreciation, amortisation
andimpairment losses  m86 86 96 121 23 24 71 89 58 59 –1 1333 380
Ratio of capex to depreciation,
amortisation and impairment
losses 2.42 2.43 3.08 2.98 3.43 0.92 1.52 1.10 3.12 1.54 – – 2.62 2.06
1 Including rounding.
Capex by segment .
 m
Post - eCommerce - Parcel
533
415
Express
856
571
Global Forwarding, Freight
123
207
Supply Chain
318
304
Corporate Center / Other
192
380
 
58