Service-oriented - Die Schweizerische Post

Annual Report | Financial Report | Financial commentary
Expansion of the scope of consolidation
2006 was marked by a considerable expansion of the scope of consolidation. The following companies were
established or acquired in the period to 31 December 2006 in the following chronological order:
February
– In the USA, Swiss Post acquired Forrest Solutions Inc. Following the acquisition, the New York­based company
was renamed MailSource Inc. MailSource Inc. provides mailroom outsourcing and staffing services. The
acquisition will enable MailSource Group to exploit synergies and make itself more attractive to global customers,
thereby improving the opportunities for growth in Switzerland as well.
– Swiss Post acquired 100 % of Kloten­based document processing/scanning specialist oneReason AG and
subsequently integrated it into MailSource AG by way of a merger.
March
– On 1 March 2006, Swiss Post International AG acquired a 100 percent interest in MDS Media Data Services
AG, Kriens. This company operates in the domestic and foreign press and publications management market.
– Mobility Solutions Management AG was established on 31 March 2006 to provide fleet management services
for road­based vehicles (including car sharing).
June
– On 1 June 2006, a 100 percent interest was acquired in Swiss Post International (SPI) Singapore. As part
of the transaction, two holdings were also purchased in SPI Malaysia in Kuala Lumpur (65 percent) and SPI
Hong Kong (60 percent).
July
– MailSource is extending its geographic reach and in France established MailSource France SAS. On 1 July,
this company took over the customers and employees of Euro Postal Services SARL (EPS), which, like Mail­
Source, specializes in internal mail services. As a result of this takeover, MailSource is now represented in
seven countries.
– On 1 July 2006, Swiss Post International (SPI) acquired Mobile Imaging GmbH in Gottlieben in the canton of
Thurgau and at the same time merged it with SPI Management AG. By making this acquisition, SPI has extended
its offering of online postcards. It is now offering a platform that can be easily and quickly integrated
into companies’ and organizations’ own websites. Customers will thus be able to send online postcards
from a number of websites, which SPI will then print and deliver to the intended recipients by post.
September
– On 1 September 2006, Swiss Post acquired the German GHP Group, thereby strengthening its position in
the promising dialogue marketing and customer management markets and tapping into new markets with a
view to stemming the longer­term decline in income from its core business.
December
– CarPostal Bourg­en­Bresse SAS, CarPostal Obernai SAS and CarPostal Haguenau SAS were established in
France at the end of the year.
The effects of expanding the scope of consolidation on the Group and its segments are shown below:
Operating
income
Operating
expenses
Operating
result
CHF m
International 12 – 11 1
New Businesses 186 – 181 5
Group 198 – 192 6
85