Consolidated statement of income

Consolidated statement of income

JAN 1 THROUGH DEC 31 / € million

Note

2021

2020

Revenues

(1)

47,075

39,901

Inventory changes and other internally produced and capitalized assets

(2)

3,884

3,564

Overall performance 

50,959

43,465

Other operating income

(3)

5,901

3,439

Cost of materials

(4)

–28,419

–22,757

Personnel expenses

(5)

–19,219

–18,297

Depreciation and impairments

(6)

–3,804

–5,372

Other operating expenses

(7)

–5,716

–5,235

Operating income (EBIT) 

–298

–4,757

Result from investments accounted for using the equity method

(8)

–10

–21

Net interest income

(9)

–528

–615

Other financial result

(10)

48

–91

Financial result 

–490

–727

Loss before taxes on income

 

–788

–5,484

Taxes on income

(11)

–123

–223

Net loss for the year

 

–911

–5,707

  

 

 

Net loss for the year 

 

 

     thereof net loss attributable to shareholder of Deutsche Bahn AG

 

–946

–5.710

     thereof remuneration entitlement of hybrid capital investors

 

26

26

     thereof net profit/loss for the year attributable to non-controlling interests

 

9

–23

  

 

 

Earnings per share (€ per share)

(12)

 

 

      Undiluted

 

–2.20

–13.28

      Diluted

 

–2.20

–13.28

Reconciliation of consolidated comprehensive income

JAN 1 THROUGH DEC 31 / € million

2021

2020 

Net loss for the year

–911

–5,707

   

     Changes due to the revaluation of defined benefit plans

1,482

–1,067

Change in items recognized directly in equity, which are not reclassified to the income statement

1,482

–1,067

     Changes resulting from currency translation

101

–173

     Changes resulting from market valuation of securities/ reclassification of cash flow hedges

0

1

     Changes resulting from market valuation of cash flow hedges

91

–23

     Share of profit items not recognized in the income statement due to investments accounted for using the equity method

3

Change in profit items recognized directly in equity, which are reclassified to the income statement

195

–195

Balance of profit items covered directly in equity (before taxes)

1,677

–1,262

     Deferred taxes relating to the revaluation of defined benefit plans

–51

–21

Changes in deferred taxes on profit items recognized directly in equity, which are not reclassified to the income statement

–51

–21

     Deferred taxes relating to the change in the market valuation of cash flow hedges

–7

1

Changes in deferred taxes on profit items recognized directly in equity, which are reclassified to the income statement

–7

1

Balance of profit items recognized directly in equity (after taxes)

1,619

–1,282

Comprehensive income

708

–6,989

Comprehensive income  
     thereof comprehensive income attributable to shareholder of Deutsche Bahn AG

674

–6,987

     thereof remuneration entitlement of hybrid capital investors

26

26

     thereof comprehensive income for the year attributable to non-controlling interests

8

–28

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