Segment reporting was prepared in accordance with IAS 14 (Segment Reporting). The presentation of specific data from the consolidated financial statements is classified by divisions and regions, based on the Group’s internal reporting and organisational structure. Segment reporting is designed to enable a transparent view of the earnings power, net assets and financial position of the individual components of the Group’s activities and regions. Information on the individual restructuring measures and restatements of prior-year figures can be found in Note 10.1.
Reflecting the Group’s predominant organisational structure, the primary reporting format is based on the divisions. The Group distinguishes between the following divisions:
In addition to the transport and delivery of written communications, the MAIL Division is positioning itself as an end-to-end service provider for the management of written communications. The division comprises the following business units: Mail Communication, Dialogue Marketing, Press Services, Parcel Germany, Global Mail and the retail outlets. The Pension Service was transferred from the FINANCIAL SERVICES Division to the mail business. Corporate Information Solutions was transferred from the MAIL Division to the SUPPLY CHAIN/CIS Division. The prior-year figures were restated accordingly.
The EXPRESS Division offers international and national courier and express services to business and private customers. The division comprises the Express Europe, Express Americas, Express Asia Pacific and Express EEMEA business units.
The LOGISTICS Division was dissolved in March 2008 and replaced by the new GLOBAL FORWARDING/FREIGHT Division and the new SUPPLY CHAIN/CIS Division. The activities of the GLOBAL FORWARDING/FREIGHT Division comprise the transportation of goods by rail, road, air and sea. The division’s business units are Global Forwarding and Freight. The prior-year figures were restated accordingly.
The LOGISTICS Division was dissolved in March 2008 and replaced by the new GLOBAL FORWARDING/FREIGHT Division and the new SUPPLY CHAIN/CIS Division. The Corporate Information Solutions Business Unit was previously reported in the MAIL Division. The division specialises in contract logistics and provides warehousing and ground-based transport services as well as sector-based value-added services along the entire supply chain. The division also offers end-to-end solutions for corporate information and communications management. The division’s business units comprise Supply Chain together with Corporate Information Solutions. The prior-year figures were restated accordingly.
The costs of Global Business Services have been allocated in full to the operating divisions since the beginning of 2008. Deutsche Post AG’s retail outlets were transferred to the MAIL segment. As the services area did not retain any significant opportunities and risks, it was no longer a segment within the meaning of IAS 14. The SERVICES segment was therefore dissolved. The remaining items of this segment and the entire Corporate Center are now reported in the Corporate Center/Other column. The Corporate Center/Other column also includes the consolidation of intersegment transactions. The prior-year figures were restated accordingly.
The FINANCIAL SERVICES Division consists of the Deutsche Postbank Group’s activities. In view of the announced sale of the Deutsche Postbank Group, the segment is presented as a discontinued operation. The Pension Service previously allocated to the FINANCIAL SERVICES segment was transferred to the mail business. The prior-year figures were restated accordingly.