Business development

Asset situation

  •  Significant reduction in net financial debt.
  • Capital expenditure activities remain at a very high level.
  • Equity ratio significantly better, mainly due to positive effects related to the sale of DB Schenker and the equity increases.
  • The sale of DB Schenker led to a net asset disposal of € 3.6 billion and a gain on disposal of € 7.3 billion.

Statement of cash flows

Net financial debt

Capital expenditures

Balance sheet

Off-balance-sheet financing instruments and non-recognized assets

Deviations from the forecast

Sustainability indices

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