EARNINGS

Changes in reporting and portfolio

At the beginning of the year, we transferred DHL Express Sweden’s domestic business to DHL Freight Sweden to enable us to meet changing customer requirements more efficiently. The prior-year segment reporting figures were adjusted accordingly.

At the beginning of March, DHL Express UK completed the sale of its day-definite domestic business. All assets and liabilities had previously been classified as held for sale. 

In April, DHL Supply Chain Austria sold parts of its contract logistics operations. The transaction involved the temperature-controlled logistics and transport business.

At the end of June, DHL Express France sold its day-definite domestic business. All assets and liabilities had already been classified as held for sale as at 31 December 2009.

In accordance with the revised IAS 39, the previously unrecognised forward sale of 27.4% of Postbank’s shares to Deutsche Bank has been recognised in profit and loss and is included for the first time at its fair value in net financial income.