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Notes to the interim cfs

Basic principles and methods

DB Mobility Logistics AG (referred to in the following as “DB ML AG” is a German company and has established an international presence. DB ML AG is the parent company of DB Mobility Logistics Group (referred to in the following as “DB ML Group”).

The unaudited abbreviated interim financial statements for the period ending on June 30, 2011 have been prepared in accordance with the International Financial Reporting Standards (IFRS), as applicable in the EU and their interpretation laid out by the International Financial Reporting Interpretations Committee (IFRIC). Due consideration has been given to IAS 34 (Interim Financial Reporting). The accounting policies underlying the consolidated financial statements for 2010 have been consistently applied for these interim financial statements.

The following new standards, interpretations and changes to the IAS/IFRS standards are the subject of mandatory adoption within the period under review. With regard to the explanations, please refer to the section Principles of preparing financial statements [see "AR online"] in the 2010 Annual Report.

  • IAS 24: “Related Party Disclosures” (revised November 2009; applicable for reporting periods commencing after January 1, 2011)

  • IAS 32: Amendment of IAS 32 “Financial Instruments: Financial Instruments: Presentation: Classification of Subscription Rights” (revised October 2009; applicable for reporting periods commencing after February 1, 2010)

  • IFRS 1: Amendment of IFRS 1 “First-Time Adoption of International Financial Reporting Standards: Limited Exemption of First-Time Adopters for Comparison Figures According to IFRS 7” (revised January 2010; applicable for reporting periods commencing after July 1, 2010)

  • Improvements to IFRS 2010: »Improvements to IFRS« (published May 2010; applicable for reporting periods commencing after January 1, 2011)

  • IFRIC 14: Amendment of IFRIC 14 “The Limit on a Defined Benefit Asset, Minimum Funding Requirements and Their Interaction: Advance Payments in Accordance with Minimum Funding Requirements” (published November 2009; applicable for reporting periods commencing after January 1, 2011)

  • IFRIC 19: “Extinguishing Financial Liabilities with Equity Instruments” (published November 2009; applicable for reporting periods commencing after July 1, 2010)

Last modified: 04.08.2011

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