Events after the balance sheet date

Implementation of the measures from the Climate Package

On January 1, 2020, the reduction in value-added tax on long-­distance transport tickets entered into force. By fully passing this reduction on to our customers, tickets and reservations and, from February 1, 2020, BahnCards, became significantly cheaper.On the basis of the Federal Government’s climate package additional Federal funds of € 11 billion will be pro­vi­ded to strengthen rail by 2030. At the end of January 2020, the Federal Government, DB AG, DB Netz AG, DB Station&Service AG and DB Energie GmbH agreed on the inflow and use of the funds in a letter of intent. The funds will be used exclusively in the infrastructure, with half being allocated as equity (at DB Netz AG and DB Station&­Service AG) and half as subsidies. The funds are to be used in the catego­ries Robust Network (including small/medium-­sized measures), Digital Rail, Attractive Stations and Infrastructure Measures Operated on a Purely Commercial Basis.

The funds that are to be used to increase equity are still subject to the European Commission’s approval, required on the basis of state aid law. The disbursement of all funds is subject to the approval of the budgetary legislature.

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