The increase in gross capital expenditures was mainly due to expenditures on track infrastructure and vehicles. In addition, extensions to rental agreements, which are valued as finance leases, had the effect of increasing capital expenditures. Investment grants also increased significantly. They are unchanged at about 64% of gross capital expenditures (previous year: 64%).
The increase in net capital expenditures was largely driven by DB Cargo (primarily procurement of locomotives and freight cars and capitalization of self-generated software) and the Other division (primarily extensions to rental agreements). At DB Long-Distance, capital expenditures increased slightly at a high level because of further additions of ICE 4 and IC 2 trains. By contrast, net capital expenditures at DB Regional and DB Netze Track in particular decreased.
Future Capital Expenditure Program in the third year
As part of the ZIP, the BMVI also made additional Federal funds available for seaport hinterland transport, noise remediation, accessibility and digitalization for the years 2016–2018....Read more
Selection of construction projects in 2018
An overview of the major construction measures in the year under review is shown on the construction project map ...Read more