9 Profit/loss from discontinued operations

In accordance with IFRS 5, the profit/loss of the Deutsche Postbank Group for the months of January and February 2009 is reported in the income statement under profit/loss from discontinued operations.

Profit/loss from discontinued operations
€m
	9M 2008	9M 2009
Revenue and operating income	8,152	1,607
Operating expenses	-8,197	-1,631
Loss from operating activities (EBIT)	-45	-24
Net finance costs	-50	-13
Loss before taxes from discontinued operations	-95	-37
Attributable tax expense	-5	25
Loss after taxes from discontinued operations	-100	-12
Deconsolidation effects	0	444
Profit/loss from discontinued operations	-100	432

The effects of the deconsolidation of the 22.9% interest are reported under profit/loss from discontinued operations.

Effective March 2009, the remaining shares in the Deutsche Postbank Group are reported at their equity-method carrying amount under non-current financial assets, whilst its profit or loss is reported under net income from associates.

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