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| CAPITAL EXPENDITURES / € million | 2021 | 2020 | Change | 2019 | ||
absolute | % | |||||
Gross capital expenditures | 15,387 | 14,402 | +985 | +6.8 | 13,093 | |
thereof Integrated Rail System | 14,276 | 13,128 | +1,148 | +8.7 | 11,713 | |
Investment grants | 9,045 | 8,516 | +529 | +6.2 | 7,447 | |
thereof Integrated Rail System | 9,027 | 8,494 | +533 | +6.3 | 7,412 | |
Net capital expenditures | 6,342 | 5,886 | +456 | +7.7 | 5,646 | |
thereof Integrated Rail System | 5,249 | 4,634 | +615 | +13.3 | 4,301 | |
The increase in gross capital expenditures was driven by the Integrated Rail System and resulted mainly from higher capital expenditure in the infrastructure and vehicle fleet. The decline in capital expenditure activities at DB Arriva (mainly completed vehicle projects for new transport contracts and the cessation of the ARN franchise) partially countered this impact.
Investment grants, which are almost exclusively allocated to the Integrated Rail System, also increased significantly. They accounted for about 59% of the gross capital expenditures.
Net capital expenditures were also significantly higher. The effects on the Integrated Rail System included the increase in capital expenditures in the existing network at DB Netze Track and in vehicles, particularly at DB Long-Distance.
The focus of our capital expenditure activities continues to center on the Integrated Rail System for measures to improve performance and efficiency in the track infrastructure sector as well as measures to develop our vehicle fleet.
