Consolidated statement of income
Jan 1 through Dec 31 (€ million) | Note | 2019 | 2018 |
Revenues | (1) | 44,430 | 44,065 |
Inventory changes and internally produced and capitalized assets | (2) | 3,166 | 3,091 |
Overall performance | 47,596 | 47,156 | |
Other operating income | (3) | 3,030 | 2,998 |
Cost of materials | (4) | –22,262 | –22,258 |
Personnel expenses | (5) | –18,152 | –17,301 |
Depreciation and impairments | (6) | –3,671 | –2,688 |
Other operating expenses | (7) | –5,157 | –6,088 |
Operating profit (EBIT) | 1,384 | 1,819 | |
Result from investments accounted for using the equity method | (8) | –12 | 12 |
Net interest income | (9) | –655 | –645 |
Other financial result | (10) | –36 | –14 |
Financial result | –703 | –647 | |
Profit before taxes on income | 681 | 1,172 | |
Taxes on income | (11) | –1 | –630 |
Net profit for the year | 680 | 542 | |
Net profit attributable to | |||
Shareholder of Deutsche Bahn AG | 662 | 528 | |
Hybrid capital investors | 5 | – | |
Non-controlling interests | 13 | 14 | |
Earnings per share (€ per share) | (12) | ||
undiluted | 1.54 | 1.23 | |
diluted | 1.54 | 1.23 |
Reconciliation of consolidated comprehensive income
Jan 1 through Dec 31 (€ million) | 2019 | 2018 |
Net profit for the year | 680 | 542 |
Changes due to the revaluation of defined benefit plans | –775 | –818 |
Change in items recognized directly in equity which are not reclassified to the income statement | –775 | –818 |
Changes resulting from currency translation | 78 | 23 |
Changes resulting from market valuation of securities | 0 | – |
Changes resulting from market valuation of cash flow hedges | –42 | 16 |
Share of profit items not recognized in the income statement due to investments accounted for using the equity method | 2 | –1 |
Change in items recognized directly in equity which are reclassified to the income statement | 38 | 38 |
Balance of profit items covered directly in equity (before taxes) | –737 | –780 |
Revaluation of defined benefit plans | 65 | 40 |
Changes in deferred taxes on profit items recognized directly in equity, which are not reclassified to the income statement | 65 | 40 |
Deferred taxes relating to the change in the market valuation of securities | – | – |
Deferred taxes relating to the change in the market valuation of cash flow hedges | –1 | –1 |
Changes in deferred taxes on profit items recognized directly in equity which are reclassified to the income statement | –1 | –1 |
Balance of profit items recognized directly in equity (after taxes) | –673 | –741 |
Comprehensive income | 7 | –199 |
Comprehensive income attributable to | ||
Shareholder of Deutsche Bahn AG | –11 | –211 |
Hybrid capital investors | 5 | – |
Non-controlling interests | 13 | 12 |
