Cautionary note with regard to“orward-looking statements”
Some statements in this annual report are “orward-looking statements”.By their nature, orward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the uture. These orward-looking statements involve known and unknownrisks, uncertainties and other actors that are outside o TNT’s control andimpossible to predict and may cause actual results to dier materially rom any uture results expressed or implied. These orward-looking statements arebased on current expectations, estimates, orecasts, analyses and projectionsabout the industries in which TNT operates and TNT management’s beliesand assumptions about uture events.You are cautioned not to put undue reliance on these orward-lookingstatements, which only speak as o the date o this annual report and areneither predictions nor guarantees o uture events or circumstances. TNTdoes not undertake any obligation to release publicly any revisions to theseorward-looking statements to reect events or circumstances ater the date o this annual report or to reect the occurrence o unanticipated events, exceptas may be required under applicable securities laws.
Introduction andfnancial highlights
This is TNT’s annual report or the fnancial year ended 31 December 2008,prepared in accordance with Dutch regulations. TNT delisted its AmericanDepositary Receipts rom the New York Stock Exchange on 18 June 2007,and its reporting obligations with the United States Securities and ExchangeCommission terminated on 16 September 2007. TNT is thereore no longer required to fle its annual report on Form 20-F.However, where TNT thinks it is helpul, certain inormation is retained or comparative purposes. In this way TNT intends to provide its stakeholders witha clear overview o its fnancial year 2008.Unless otherwise specifed or the context so requires, “TNT”, the “company”, the “group”, “it” and “its” reer to TNT N.V. and all its group companies asdefned in article 24b, book 2 o the Dutch Civil Code.TNT is domiciled in the Netherlands, which is one o the Member States o theEuropean Union (EU) that has adopted the euro as its currency. Accordingly,TNT has adopted the euro as its reporting currency. In this annual report theeuro is also reerred to as “€”.As required by EU regulation, as o 2005 the consolidated fnancial statementso TNT N.V. have been prepared in accordance with International FinancialReporting Standards (IFRS) as adopted by the EU.
Selected fnancial data
The selected fnancial data below have been derived rom the auditedconsolidated fnancial statements o TNT N.V. and the related notes included inchapter 6 o this annual report.TNT has acquired a number o companies and businesses during the years,which limit the comparability o its year-on-year fgures.
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