Service-oriented - Die Schweizerische Post

90 Annual Report | Financial Report | Financial commentary
Monetary values in CHF m
Margin in percent
Headcount in FTEs
Segment results
All segments contributed in varying degrees to the positive result. The results of the Mail and Post Office
Network business areas are shown after compensation for uncovered costs in the post office network
(infrastructure contributions) as a result of reserved services in the Mail area (2006: 412 million francs;
2005: 442 million francs). The result for the post office network represents the profit from the sale of other
branded items.
Operating income Operating result1 Operating result
margin
No. of employees2 2006 2005 2006 2005 2006 2005 2006 2005
Mail 3 083 3 178 239 218 7.8 6.9 15 183 15 364
Logistics 1 386 1 368 87 87 6.3 6.4 5 118 5 540
Financial Services 1 587 1 529 245 312 15.4 20.4 2 526 2 390
Passenger Transport 579 559 28 29 4.8 5.2 1 502 1 392
International 1 079 992 58 35 5.4 3.5 987 898
Post Office Network 1 781 1 875 19 27 1.1 1.4 11 502 12 046
New Business 329 114 11 5 3.3 4.4 3 000 1 062
Other 882 858 136 92 15.4 10.7 2 360 2 381
Consolidation – 2 811 – 2 974
Group 7 895 7 499 823 805 10.4 10.7 42 178 41 073
1 Operating result before non­operating financial result and taxes
2 Average headcount in terms of full­time equivalents excl. trainees
Mail
In 2006, Mail generated operating income of 3,083 million francs (previous year: 3,178 million francs) owing
to a decline in volume. It increased its operating result by around 10 percent year on year to 239 million francs.
This was thanks to a decline from 442 million francs in 2005 to 412 million francs in compensation for uncovered
costs in the post office network (infrastructure contribution) and lower employee benefits.
Logistics
In 2006, logistics services generated operating income of 1,386 million francs (2005: 1,368 million francs) and
an operating result of 87 million francs. Thanks to the positive economic trend, sales increased slightly year
on year due to the further expansion of customer and industry solutions, while the result remained at the prior­year
level.
Financial Services
Income from financial services increased by 58 million francs year on year to 1,587 million francs. The operating
result was down on the previous year at 245 million francs. The difference compared with the prior­year
result (312 million francs) is explained by a reversal of impairment, which had a positive effect for the first
time in 2005. Furthermore, additional costs in the field of payment settlement (compensation in the post office
network) in 2006 and rising interest rates for customers against a backdrop of low investment returns
impacted on the 2006 results as a result of the current interest rate situation.