Operating profit figures

The following presentation of income development describes the changes in the key items on the statement of income, adjusted for special items. The effects of the changes in thescope of consolidation and exchange rate changes are presented in the following table and are not explained further in the following section.

Transition to the adjusted statement of income (€ million)

2019

Reclassifications

Asjustemnet of special items

2019
adjusted

IFRS
compounding
/ discounting

Net
investment

income

PPA-
amorti-
zation

Impending 
losses

Restruc-
turing

Provision for
dismantling
obligations

Other

 

Revenues

44,430

1

44,431

Inventory changes and other internally
produced and capatilized assets

3,166

3,166

Other operating income

3,030

–11

–11

3,008

Cost of material

– 22,262

3

0

– 22,259

Personnel expenses

– 18,152

118

23

– 18,011

Other operating expenses

– 5,157

146

1

71

40

– 4,899

EBITDA/EBITDA adjusted

5,055

146

111

71

53

5,436

Depreciation

– 3,671

62

6

4

0

– 3,599

Operating income (EBIT) | EBIT adjusted

1,384

62

152

115

71

53

1,837

Net interest income | Operating interest balance

– 655

33

2

– 620

Operating income after interest

729

33

62

152

115

71

55

1,217

Result from investments accounted for using
the equity method | Net investment income

– 12

3

– 9

Other financial result

– 36

–33

–3

– 72

PPA amortization customer contracts

–62

– 62

Extraordinary result

–152

–115

–71

–55

– 393

Profit before taxes on income

681

681

The economic development remained challenging. Adjusted EBIT developed significantly weaker compared to the previous year, driven by the integrated rail system. Here, charges from additional expenses for measures to expand capacity (in particular personnel), to improve quality and for digitalization, as well as factor cost increases, were only partially offset by revenue increases.

Operating profit figures by business units

The development of the adjusted operating profit figures for the business units was differentiated, but overall unsatisfactory. The business units of the integrated rail system significantly declined due to factor cost increases.

EBIT adjustes  by business units
(€ million)

2019

2018

Change

absolute

%

 

DB Long-distance

485

417

+ 68

+ 16.3

DB Regional

408

492

– 84

– 17.1

DB Cargo

– 308

– 190

– 118

+ 62.1

DB Netze Track

807

840

– 33

– 3.9

DB Netze Stations

210

221

– 11

– 5.0

DB Netze Energy

43

21

+ 22

+ 105

Other / consolidation
integrated rail system

– 622

– 493

– 129

+ 26.2

Integrated rail system

1,023

1,308

– 285

– 21.8

DB Arriva

289

300

– 11

– 3.7

DB Schenker

538

503

+ 35

+ 7.0

Consolidation other

– 13

– 13

DB Group

1,837

2,111

– 274

– 13.0

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