Service-oriented - Die Schweizerische Post

34 Non-current assets held for sale
Annual Report | Financial Report | Financial statements of Swiss Post Group
“Non­current assets held for sale” are no longer systematically amortized and will probably be sold within
one year.
Operating Other proper- Total
property
ty, plant and
equipment
CHF m
As at 1.1.2006 11 1 12
Additions arising from reclassifications in accordance with IFRS 5 11 4 15
Disposals – 11 – 4 – 15
As at 31.12.2006 11 1 12
Operating Other proper- Total
property
ty, plant and
equipment
CHF m
As at 1.1.2005 – – –
Additions arising from reclassifications in accordance with IFRS 5 11 5 16
Disposals – – 4 – 4
As at 31.12.2005 11 1 12
35 Key exchange rates
The following exchange rates are applied in translating the financial statements of foreign subsidiaries into
Swiss francs:
Closing rate as at Average rate for the period ending
31.12.2006 31.12.2005 31.12.2006 31.12.2005
Unit
1 euro EUR 1.61 1.56 1.57 1.55
1 US dollar USD 1.22 1.31 1.25 1.25
1 pound Sterling GBP 2.40 2.26 2.31 2.26
36 Events after the balance sheet date
Prior to the approval of the 2006 financial statements by the Board of Directors on 21 March 2007, no events
came to light which either would have resulted in changes to the carrying amount of the Group s assets and
liabilities or would have to be disclosed in this section of the Report.
Acquisitions of subsidiaries between 1 January and 21 March 2007
On 2 January 2007, Swiss Post International AG acquired all shares in FM Verzollungs AG in Basel. The company
handles import and export customs clearance for cross­border shipments of goods on behalf of forwarding
companies and operates public customs warehouses It also specializes in customs clearance for rail­based
transport.
147