2018 Integrated Report – On track towards a better Railway

Consolidated statement of income

Consolidated statement of income

Jan 1 through Dec 31 (€ million)

Note

2018

2017

Revenues

(1)

44,065

42,693

Inventory changes and internally produced and capitalized assets

(2)

3,091

2,900

Overall performance 

47,156

45,593

Other operating income

(3)

2,998

2,954

Cost of materials

(4)

–22,258

–21,457

Personnel expenses

(5)

–17,301

–16,665

Depreciation and impairments

(6)

–2,688

–2,847

Other operating expenses

(7)

–6,088

–5,890

Operating profit (EBIT)

 

1,819

1,688

Result from investments accounted for using the equity method

(8)

12

14

Net interest income

(9)

–645

–704

Other financial result

(10)

–14

–30

Financial result

 

–647

–720

Profit before taxes on income

 

1,172

968

Taxes on income

(11)

–630

–203

Net profit for the year 

542

765

    
Net profit attributable to   

     Shareholder of Deutsche Bahn AG

 

528

745

     Non-controlling interests

 

14

20

    
Earnings per share (€ per share)

(12)

  

     undiluted

 

1.23

1.73

     diluted

 

1.23

1.73

Reconciliation of consolidated comprehensive income

Jan 1 through Dec 31 (€ million)

2018

2017

Net profit for the year

542

765

   

     Changes due to the revaluation of defined benefit plans

–818

651

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

–818

651

     Changes resulting from currency translation

23

–175

     Changes resulting from market valuation of securities

0

     Changes resulting from market valuation of cash flow hedges

16

51

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

–1

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

38

–124

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

–780

527

     Revaluation of defined benefit plans

40

–41

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

40

–41

     Deferred taxes relating to the change in the market valuation of securities

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

–4

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

–1

–4

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

–741

482

Comprehensive income 

–199

1.247

Comprehensive income attributable to  

     Shareholder of Deutsche Bahn AG

–211

1.235

     Non-controlling interests

12

12