Capital expenditures
| Capital expenditures (€ million) | 2020 | 2019 | Change | ||
absolute | % | ||||
Gross capital expenditures | 14,402 | 13,093 | + 1,309 | + 10.0 | |
thereof integrated rail system | 13,128 | 11,713 | + 1,415 | + 12.1 | |
| Investment grants | 8,516 | 7,447 | + 1,069 | + 14.4 | |
thereof integrated rail system | 8,494 | 7,412 | + 1,082 | + 14.6 | |
Net capital expenditures | 5,886 | 5,646 | + 240 | + 4.3 | |
thereof integrated rail system | 4,634 | 4,301 | + 333 | + 7.7 | |
The increase in gross capital expenditures was driven by the integrated rail system and resulted primarily from higher capital expenditures in infrastructure. The conclusion of new leasing contracts and the extension of existing leasing contracts also increased capital expenditures.
Investment grants, which are almost exclusively allocated to the integrated rail system, also increased significantly. They accounted for about 59% of gross capital expenditures (previous year: about 57%).
Net capital expenditures were also significantly higher. Among other things, the increase in capital expenditures on the existing network at DB Netze Track along with the conclusion of new leasing contracts and extension of existing leasing contracts for office buildings had an impact on the integrated rail system.
The focus of our capital expenditure activities continues to center on the integrated rail system for measures to improve performance and efficiency in the rail infrastructure sector as well as measures to rejuvenate and develop our vehicle fleet.