Capital employed
| Capital employed as of Dec 31 / € million | 2024 | 2023 | Change | |
|---|---|---|---|---|
| absolute | % | |||
| Capital employed | 52,166 | 48,300 | +3,866 | +8.0 |
| thereof property, plant and equipment | 56,027 | 54,037 | +1,990 | +3.7 |
The capital employed constitutes the assets deemed necessary for business and subject to the cost of capital, as derived from the balance sheet. The increase in capital employed (including discontinued operations) resulted mainly from a capital expenditure-related increase in property, plant and equipment in the infrastructure (€ +5,529 million; partially offset by the reclassification effect of DB Schenker: € –3,843 million). Among other things, higher provisions, particularly for revenue reductions, had a dampening effect.