2 Consolidated group

In addition to Deutsche Post AG as the Group parent, the consolidated group generally includes all German and foreign entities in which Deutsche Post AG directly or indirectly holds a majority of voting rights, or whose activities it is otherwise able to control.

Consolidated group
	31 Dec. 2009	30 Sept. 2010
Number of fully consolidated companies (subsidiaries)
German	79	79
Foreign	791	754
Number of proportionately consolidated joint ventures
German	1	1
Foreign	18	17
Number of equity-accounted companies (associates)
German	29	29
Foreign	23	24

Acquisitions 

There were no significant acquisitions in the period up to 30 September 2010. The following table presents acquisitions of subsidiaries which, both individually and in the aggregate, did not materially affect the Group’s net assets, financial position and results of operations.

Insignificant acquisitions 2010
€m
1 January to 30 September	Carrying amount	Adjustments	Fair value
ASSETS
Non-current assets	0	–	0
Current assets	1	–	1
Cash and cash equivalents	0	–	0
	1	–	1
EQUITY AND LIABILITIES
Non-current liabilities and provisions	0	–	0
Current liabilities and provisions	0	–	0
	0	–	0
Net assets			1

Goodwill 2010
€m
	Fair value
Acquisition costs	23
Less net assets	1
Difference	22
Less minority interests1)	2
Goodwill	20

The companies did not materially affect consolidated revenue or consolidated EBIT. Including the companies as at January 2010 would not have resulted in any change.

Insignificant acquisitions in the prior-year period are shown in the following table.

Insignificant acquisitions 2009
€m
1 January to 30 September	Carrying amount	Adjustments	Fair value
ASSETS
Non-current assets	5	–	5
Current assets	7	–	7
Cash and cash equivalents	3	–	3
	15	–	15
EQUITY AND LIABILITIES
Non-current liabilities and provisions	0	–	0
Current liabilities and provisions	11	–	11
	11	–	11
Net assets			4

Goodwill 2009
€m
	Fair value
Acquisition costs	46
Less net assets	4
Difference	42
Less minority interests1)	17
Goodwill	25

In the period up to 30 September 2010, €23 million was spent to acquire subsidiaries and €51 million for subsidiaries acquired in previous years (previous year: €38 million; a further €10 million related to an increase in the equity interest in companies in which Deutsche Post DHL already held a majority interest). The purchase prices of the acquired companies were paid by transferring cash and cash equivalents.

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