As a listed company, Deutsche Post AG prepared its consolidated financial statements in accordance with the International Financial Reporting Standards (IFRSs) as adopted by the EU and the provisions of commercial law to be additionally applied in accordance with Section 315a(1) of the Handelsgesetzbuch (HGB – German Commercial Code).

The requirements of the standards applied have been satisfied in full, and the consolidated financial statements of Deutsche Post World Net therefore provide a true and fair view of its net assets, financial position and results of operations.

The consolidated financial statements consist of the income statement, balance sheet, cash flow statement, statement of changes in equity as well as the Notes. The disclosures in the Notes also include a segment report. In order to improve the clarity of presentation, various items in the balance sheet and in the income statement have been combined. These items are disclosed and explained separately in the Notes. The income statement has been classified in accordance with the nature of expense method.

The accounting policies, as well as the explanations and disclosures in the Notes to the IFRS consolidated financial statements for financial year 2007, are generally based on the same accounting policies used in the 2006 consolidated financial statements. Exceptions to this are the changes in international accounting under IFRSs described in Note 4 that have been required to be applied by the Group since 1 January 2007 and the restatement of prior-period amounts. The accounting policies are explained in Note 6.

The financial year of Deutsche Post AG and its consolidated subsidiaries is the calendar year. Deutsche Post AG, whose registered office is in Bonn, is entered in the commercial register of the Bonn Local Court.

The consolidated financial statements are prepared in euros (€). Unless otherwise stated, all amounts are given in millions of euros (€ million, €m).