Company-wide capex also stepped up, from €381 million to €496 million, and focused on vehicles, retail outlets and information technology. €189 million were invested in Deutsche Post Fleet GmbH: Vehicles which had either reached the end of their optimal economic life were replaced and additional vehicles were procured. For Deutsche Post Retail Outlets capex of €40 million was made to establish new partner outlet formats and introduce new outlet software. In other respects, capital expenditure was increased by the mutual reversal, for legal reasons, of a purchase agreement we concluded with Viterra Logistik Immobilien GmbH & Co. KG in December 2000. The relevant properties were brought into Deutsche Post Immobilienentwicklung Grundstücksgesellschaft mbH & Co. Logistikzentren KG at the end of December 2007.



