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Balance
The first-time application of IFRS 16. also had a significant influence on the balance sheet development. The balance sheet total increased significantly:
- Non-current assets increased. In particular, property, plant and equipment (€ +5,834 million) was a key factor. In the integrated rail system, the main effects were from thecapitalization of lease agreements previously treated as operating leases, in particular at DB Cargo and in the Other division, as well as vehicle additions at DB Long- Distance. The IFRS 16 effect had a significant increasing effect at DB Arriva and DB Schenker. Non-current receivables and other assets (€ +376 million) increased, partly as a result of higher receivables from transport contracts as of the balance sheet date at DB Regional. Deferred tax assets (€ +214 million) increased as a result of the extension of the planning horizon.
- Current assets also increased. This was mainly due to an increase in cash and cash equivalents (€ +449 million). Other receivables and assets (€ +166 million) increased mainly on the basis of balance sheet date effects. Inventories (€ +151 million) were also higher, mainly for maintenance.

Balance sheet as of Dec 31 | 2019 | 2018 | Change | ||
absolute | % | ||||
| Total assets | 65,828 | 58,527 | + 7,301 | + 12.5 |
ASSETS | |||||
Non-current assets | 53,213 | 46,646 | + 6,567 | + 14.1 | |
Current assets | 12,615 | 11,881 | + 734 | + 6.2 | |
EQUITY AND LIABILITIES | |||||
Equity | 14,927 | 13,592 | + 1,335 | + 9.8 | |
Non-current liabilities | 32,820 | 29,104 | + 3,716 | + 12.8 | |
Current liabilities | 18,081 | 15,831 | + 2,250 | + 14.2 |