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Balance sheet disclosures

11 Assets held for sale, liabilities associated with assets held for sale

 Balance sheet disclosures
€m
  Assets Liabilities
31 Dec. 2008 30 June 2009 31 Dec. 2008 30 June 2009
Deutsche Post AG –
real estate
31 26
0 0
DHL Network Operations,
USA – aircraft
2 13 0 0
DHL Supply Chain,
Spain – buildings
15 17 0 0
Deutsche Postbank
Group
231,824 0 227,736 0
Other 0 1 0 0
Assets held for sale,
liabilities associated
with assets held for
sale
231,872 57 227,736 0

The amounts attributable to the Deutsche Postbank Group were presented as assets held for sale and liabilities associated with assets held for sale in accordance with IFRS 5 as at 31 December 2008 and in the period up to and including 28 February 2009. As at 28 February 2009, 22.9% of the Deutsche Postbank Group was deconsolidated. Since 1 March 2009, the remaining 39.5% interest in the Deutsche Postbank Group has been reported under investments in associates in non-current financial assets and accounted for using the equity method.

As part of the restructuring of the US express business, aircraft used by ABX Air were acquired by DHL Network Operations, USA, on the basis of contractual arrangements and the termination of an operating lease, and are now classified as held for sale.

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