Profit from discontinued operations includes deconsolidation gain

Profit from discontinued operations rose by €1,145 million year-on-year to €432 million. This figure includes the net loss generated by Postbank in the first two months of 2009 and the deconsolidation effect of €444 million. Details are presented in the Notes.

Consolidated net profit for the period up sharply

The combined profit from continuing and discontinued operations resulted in a consolidated net profit for the period of €693 million (previous year: loss of €1,979 million). Of this amount, €644 million is attributable to Deutsche Post shareholders and €49 million to minorities. Both basic and diluted earnings per share rose from €–1.40 to €0.53. Earnings per share for continuing operations amounted to €0.17, whilst earnings per share for discontinued operations were €0.36.