SELECTED FINANCIAL INFORMATION

INCOME STATEMENT

JANUARY 1 TO SEPTEMBER 30
€m	9M 2023	9M 2024	Q3 2023	Q3 2024
Revenue	60,410	61,482	19,398	20,592
Other operating income	2,052	1,962	753	730
Changes in inventories and work performed and capitalized	251	106	68	21
Material expense	–30,856	–31,222	–9,921	–10,673
Staff costs	–19,977	–20,932	–6,494	–6,819
Depreciation, amortization and impairment losses	–3,273	–3,474	–1,118	–1,154
Other operating expenses	–3,912	–3,924	–1,310	–1,373
Net income/expenses from investments accounted for using the equity method	8	37	–4	49
Profit from operating activities (EBIT)	4,703	4,035	1,372	1,373
Financial income	290	286	103	79
Finance costs	–756	–886	–239	–289
Foreign-currency result	–141	15	–26	–5
Net finance costs	–607	–585	–162	–215
Profit before income taxes	4,096	3,450	1,210	1,158
Income taxes	–1,229	–1,035	–363	–347
Consolidated net profit for the period	2,867	2,415	847	811
attributable to Deutsche Post AG shareholders	2,696	2,235	807	751
to noncontrolling interests	171	180	40	60
Basic earnings per share (€)	2.26	1.91	0.68	0.64
Diluted earnings per share (€)	2.23	1.88	0.68	0.63

BALANCE SHEET


€m	Dec. 31, 2023¹	Sept. 30, 2024
ASSETS
Intangible assets	14,523	14,560
Property, plant and equipment	30,018	30,046
Investment property	13	12
Investments accounted for using the equity method	104	99
Noncurrent financial assets	1,118	1,269
Other noncurrent assets	388	550
Noncurrent income tax assets	0	10
Deferred tax assets	1,453	1,367
Noncurrent assets	47,617	47,913
Inventories	1,061	1,069
Current financial assets	833	892
Trade receivables	10,537	10,698
Other current assets	2,415	2,651
Current income tax assets	663	949
Cash and cash equivalents	3,649	2,690
Assets held for sale	55	5
Current assets	19,213	18,954
TOTAL ASSETS	66,830	66,867
EQUITY AND LIABILITIES
Issued capital	1,181	1,162
Capital reserves	3,579	3,608
Other reserves	–1,109	–1,335
Retained earnings	18,824	18,827
Equity attributable to Deutsche Post AG shareholders	22,475	22,262
Noncontrolling interests	413	350
Equity	22,888	22,612
Provisions for pensions and similar obligations	2,519	2,226
Deferred tax liabilities	428	436
Other noncurrent provisions	2,062	2,239
Noncurrent financial liabilities	17,939	17,811
Other noncurrent liabilities	280	277
Noncurrent income tax liabilities	392	444
Noncurrent provisions and liabilities	23,620	23,433
Current provisions	1,079	973
Current financial liabilities	4,779	5,597
Trade payables	8,479	7,765
Other current liabilities	5,536	6,019
Current income tax liabilities	449	468
Liabilities associated with assets held for sale	0	0
Current provisions and liabilities	20,322	20,822
TOTAL EQUITY AND LIABILITIES	66,830	66,867
1 Prior-year figures adjusted due to the final purchase price allocations in the 2023 fiscal year. For an explanation of the details, see note 4 of the 2024 Half-year Report.

CASH FLOW STATEMENT

JANUARY 1 TO SEPTEMBER 30
€m	9M 2023	9M 2024	Q3 2023	Q3 2024
Consolidated net profit for the period	2,867	2,415	847	811
+ Income taxes	1,229	1,035	363	347
+ Net finance costs	607	585	162	215
= Profit from operating activities (EBIT)	4,703	4,035	1,372	1,373
+ Depreciation, amortization and impairment losses	3,273	3,474	1,118	1,154
+ Net cost/net income from disposal of noncurrent assets	–29	–54	–25	–52
+ Other noncash income and expense	–170	–197	–37	–79
+ Change in provisions	–343	–3	–177	–79
+ Change in other noncurrent assets and liabilities	–43	–55	–17	–29
+ Dividend received	24	2	17	2
+ Income taxes paid	–1,280	–1,190	–385	–378
= Net cash from operating activities before changes in working capital	6,135	6,012	1,866	1,912
+ Change in inventories	–143	–19	–29	18
+ Change in receivables and other current assets	2,014	–661	408	96
+ Change in liabilities and other items	–1,228	323	289	17
= Net cash from operating activities	6,778	5,655	2,534	2,043
Subsidiaries and other business units	0	–1	0	–1
+ Property, plant and equipment and intangible assets	105	159	48	37
+ Investments accounted for using the equity method and other investments	30	53	30	53
+ Other noncurrent financial assets	164	154	61	52
= Proceeds from disposal of noncurrent assets	299	365	139	141
Subsidiaries and other business units	–1	–2	0	–2
+ Property, plant and equipment and intangible assets	–2,448	–1,938	–846	–641
+ Investments accounted for using the equity method and other investments	–21	–42	–13	–11
+ Other noncurrent financial assets	–2	–7	0	–1
= Cash paid to acquire noncurrent assets	–2,472	–1,989	–859	–655
+ Interest received	196	174	64	59
+ Change in current financial assets	1,000	–34	97	–23
= Net cash used in investing activities	–977	–1,484	–559	–478
Proceeds from issuance of noncurrent financial liabilities	501	991	500	1
+ Repayments of noncurrent financial liabilities	–1,954	–1,951	–739	–682
+ Change in current financial liabilities	–41	–84	–171	–251
+ Other financing activities	–195	–55	–63	–28
+ Proceeds from transactions with noncontrolling interests	1	0	1	0
+ Cash paid for transactions with noncontrolling interests	–10	–6	–5	–2
+ Dividend paid to Deutsche Post AG shareholders	–2,205	–2,169	0	0
+ Dividend paid to noncontrolling-interest holders	–272	–239	–252	–224
+ Purchase of treasury shares	–833	–914	–470	–269
+ Interest paid	–464	–636	–171	–216
= Net cash used in financing activities	–5,472	–5,063	–1,370	–1,671
Net change in cash and cash equivalents	329	–892	605	–106
+ Effect of changes in exchange rates on cash and cash equivalents	–212	–67	16	–57
+ Changes in cash and cash equivalents associated with assets held for sale	–1	0	–1	0
+ Cash and cash equivalents at beginning of reporting period	3,790	3,649	3,286	2,853
= Cash and cash equivalents at end of reporting period	3,906	2,690	3,906	2,690

Segment reporting

The vehicle fleet used by Post & Parcel Germany was transferred from Group Functions to the Post & Parcel Germany segment at the beginning of January 2024. The prior-year figures have been adjusted accordingly.

SEGMENTS BY DIVISION
€m	Express		Global Forwarding, Freight¹		Supply Chain		eCommerce¹
January 1 to September 30	2023	2024	2023	2024	2023	2024	2023	2024
External revenue	17,890	17,844	13,823	13,641	12,496	13,009	4,386	4,824
Internal revenue	398	445	917	893	101	103	104	121
Total revenue	18,288	18,289	14,740	14,534	12,597	13,112	4,490	4,945
Profit from operating activities (EBIT)	2,471	2,001	1,083	819	741	809	214	175
of which: net income/expenses from investments accounted for using the equity method	2	0	0	–3	–3	0	0	0
Segment assets²	20,649	20,133	11,363	11,952	10,430	10,894	3,398	3,576
of which: investments accounted for using the equity method	9	8	13	10	17	15	25	41
Segment liabilities²	4,824	4,547	3,906	3,806	3,836	3,921	1,000	909
Net segment assets/liabilities²	15,825	15,586	7,457	8,146	6,594	6,973	2,398	2,667
Capex (assets acquired)	696	573	123	107	344	362	290	198
Capex (right-of-use assets)	846	740	178	133	577	701	147	196
Total capex	1,542	1,313	301	240	921	1,063	437	394
Depreciation and amortization	1,302	1,352	245	263	700	768	162	208
Impairment losses	0	0	0	0	6	2	0	0
Total depreciation, amortization and impairment losses	1,302	1,352	245	263	706	770	162	208
Net cash from (+)/used in (–) operating activities	3,732	3,304	1,847	283	947	1,406	354	381
Employees³	111,731	109,266	46,613	45,645	181,421	185,257	32,373	39,718
Third quarter
External revenue	5,764	5,897	4,122	4,746	4,223	4,391	1,442	1,606
Internal revenue	121	166	295	291	35	36	35	39
Total revenue	5,885	6,063	4,417	5,037	4,258	4,427	1,477	1,645
Profit from operating activities (EBIT)	667	686	306	277	242	274	55	50
of which: net income/expenses from investments accounted for using the equity method	1	0	0	–2	0	1	0	0
Capex (assets acquired)	272	217	43	36	134	116	132	85
Capex (right-of-use assets)	455	297	56	39	265	154	67	46
Total capex	727	514	99	75	399	270	199	131
Depreciation and amortization	442	438	83	87	240	261	57	72
Impairment losses	0	0	0	0	4	0	0	0
Total depreciation, amortization and impairment losses	442	438	83	87	244	261	57	72
Net cash from (+)/used in (–) operating activities	1,368	1,177	505	73	494	730	127	111
1 Prior-year figures adjusted due to the final purchase price allocations in the 2023 fiscal year. For an explanation of the details, see note 4 of the 2024 Half-year Report. 2 As of December 31, 2023, and September 30, 2024. 3 Average FTEs. 4 Prior-period amounts adjusted; the vehicle fleet used by Post & Parcel Germany was transferred from Group Functions to the Post & Parcel Germany segment (EBIT remained unchanged). 5 Including rounding.

SEGMENTS BY DIVISION
€m	Post & Parcel Germany⁴		Group Functions⁴		Consolidation¹^{, 4, 5}		Group¹
January 1 to September 30	2023	2024	2023	2024	2023	2024	2023	2024
External revenue	11,794	12,155	20	9	1	0	60,410	61,482
Internal revenue	359	324	1,319	1,413	–3,198	–3,299	0	0
Total revenue	12,153	12,479	1,339	1,422	–3,197	–3,299	60,410	61,482
Profit from operating activities (EBIT)	468	495	–276	–263	2	–1	4,703	4,035
of which: net income/expenses from investments accounted for using the equity method	0	0	8	39	1	1	8	37
Segment assets²	9,585	9,453	4,226	4,124	–63	–65	59,588	60,067
of which: investments accounted for using the equity method	0	0	39	25	1	–1	104	98
Segment liabilities²	2,598	2,676	1,567	1,564	–44	–45	17,687	17,378
Net segment assets/liabilities²	6,987	6,777	2,659	2,560	–19	–20	41,901	42,689
Capex (assets acquired)	608	487	87	80	0	–1	2,148	1,806
Capex (right-of-use assets)	127	88	396	281	0	0	2,271	2,139
Total capex	735	575	483	361	0	–1	4,419	3,945
Depreciation and amortization	429	463	428	419	1	–1	3,267	3,472
Impairment losses	0	0	0	0	0	0	6	2
Total depreciation, amortization and impairment losses	429	463	428	419	1	–1	3,273	3,474
Net cash from (+)/used in (–) operating activities	915	1,287	161	158	–1,178	–1,164	6,778	5,655
Employees³	158,350	155,577	14,004	13,997	1	–1	544,493	549,459
Third quarter
External revenue	3,843	3,950	4	2	0	0	19,398	20,592
Internal revenue	116	103	414	445	–1,016	–1,080	0	0
Total revenue	3,959	4,053	418	447	–1,016	–1,080	19,398	20,592
Profit from operating activities (EBIT)	207	171	–105	–88	0	3	1,372	1,373
of which: net income/expenses from investments accounted for using the equity method	0	0	–6	48	1	2	–4	49
Capex (assets acquired)	264	212	26	25	0	–1	871	690
Capex (right-of-use assets)	83	38	99	73	0	–1	1,025	646
Total capex	347	250	125	98	0	–2	1,896	1,336
Depreciation and amortization	148	158	143	140	1	–2	1,114	1,154
Impairment losses	0	0	0	0	0	0	4	0
Total depreciation, amortization and impairment losses	148	158	143	140	1	–2	1,118	1,154
Net cash from (+)/used in (–) operating activities	272	273	138	51	–370	–372	2,534	2,043
1 Prior-year figures adjusted due to the final purchase price allocations in the 2023 fiscal year. For an explanation of the details, see note 4 of the 2024 Half-year Report. 2 As of December 31, 2023, and September 30, 2024. 3 Average FTEs. 4 Prior-period amounts adjusted; the vehicle fleet used by Post & Parcel Germany was transferred from Group Functions to the Post & Parcel Germany segment (EBIT remained unchanged). 5 Including rounding.

Reconciliation


€m	9M 2023	9M 2024
Total income of reported segments	4,977	4,299
Group Functions	–276	–263
Reconciliation to Group/Consolidation	2	–1
Profit from operating activities (EBIT)	4,703	4,035
Net finance costs	–607	–585
Profit before income taxes	4,096	3,450
Income taxes	–1,229	–1,035
Consolidated net profit for the period	2,867	2,415

Earnings per share

BASIC EARNINGS PER SHARE
		9M 2023	9M 2024
Consolidated net profit for the period attributable to Deutsche Post AG shareholders	€m	2,696	2,235
Weighted average number of shares outstanding	Number	1,190,953,261	1,169,307,803
Basic earnings per share	€	2.26	1.91

DILUTED EARNINGS PER SHARE
		9M 2023	9M 2024
Consolidated net profit for the period attributable to Deutsche Post AG shareholders	€m	2,696	2,235
Plus interest expense on the convertible bond	€m	6	6
Less income taxes	€m	1	2
Adjusted consolidated net profit for the period attributable to Deutsche Post AG shareholders	€m	2,701	2,239
Weighted average number of shares outstanding	Number	1,190,953,261	1,169,307,803
Potentially dilutive shares	Number	22,732,805	21,714,326
Weighted average number of shares for diluted earnings	Number	1,213,686,066	1,191,022,129
Diluted earnings per share	€	2.23	1.88

Changes in issued capital and treasury shares


€m	2023	2024
Issued capital
Balance as of January 1	1,239	1,239
Capital reduction through retirement of treasury shares	0	–39
Balance as of December 31/September 30	1,239	1,200
Treasury shares
Balance as of January 1	–40	–58
Purchase of treasury shares/retirement of treasury shares	–24	17
Issue/sale of treasury shares	6	3
Balance as of December 31/September 30	–58	–38
Total as of December 31/September 30	1,181	1,162

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