DB Mobility Logistics 2010 Annual Report at a Glance
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DB Mobility Logistics 2010 Annual Report At a glance Selected key figures 2010 2009 Change absolute % KEY FINANCIAL FIGURES [ € million ] Revenues 33,152 28,406 + 4,746 +16.7 Revenues comparable 31,198 28,406 +2,792 + 9.8 Profit before taxes on income 544 53 + 491 – Net profit for the year 467 –76 + 543 – EBITDA adjusted 2,803 2,631 +172 + 6.5 EBIT adjusted 1,130 1,013 +117 +11.5 Non-current assets as of Dec 31 18,714 15,575 +3,139 +20.2 Current assets as of Dec 31 6,328 4,443 +1,885 + 42.4 Equity as of Dec 31 3,582 2,915 + 667 +22.9 Net financial debt as of Dec 31 9,101 7,287 +1,814 +24.9 Total assets as of Dec 31 25,042 20,018 + 5,024 +25.1 Capital employed as of Dec 31 13,771 11,168 +2,603 +23.3 ROCE 1) (%) 8.2 9.1 – – Redemption coverage 1) (%) 17.8 20.6 – – Gearing 1) (%) 254 250 – – Gross capital expenditures 1,266 1,238 +28 +2.3 Net capital expenditures 1,228 1,182 +46 +3.9 Cash flow from operating activities 2,202 2,090 +112 + 5.4 KEY PERFORMANCE FIGURES RAIL PASSENGER TRANSPORT 2) Passengers (million) 1,946 1,904 + 42 +2.2 Volume sold (million pkm) 78,489 76,679 +1,810 +2.4 Volume produced (million train-path km) 673.3 674.3 –1.0 – 0.1 RAIL FREIGHT TRANSPORT Freight carried (million t) 415.4 341.0 +74.4 +21.8 Volume sold (million tkm) 105,794 93,948 +11,846 +12.6 Capacity utilization (t per train) 502.4 484.0 +18.4 +3.8 BUS TRANSPORT 2) Passengers (million) 784.2 800.2 –16.0 –2.0 Volume sold (million pkm) 9,214 9,261 – 47 – 0.5 FREIGHT FORWARDING AND LOGISTICS Shipments in European land transport (thousand) 80,816 70,052 +10,764 +15.4 Air freight volume (export) (thousand t) 1,225 1,032 +193 +18.7 Ocean freight volume (export) (thousand TEU) 1,647 1,424 +223 +15.7 OTHER FIGURES Employees as of Dec 31 216,091 178,356 + 37,735 +21.2 1) Previous year data adjusted. 2) Excluding DB Arriva. DB ML Group’s business units DB BAHN REGIONAL As of January 1, 2011, all of our regional bus and rail transport activities in Germany, as well as cross-border regional transport ser- vices to and from Germany, were bundled together in the DB Bahn Regional business unit. Our rail transport offers connections to major metropolitan areas as well as rural destinations via our extensive regional trans- port network. We are active with 22 different companies in the bus transport segment, making us the biggest provider in Germany. DB BAHN LONG-DISTANCE The DB Bahn Long-Distance business unit provides national and cross-border long-distance rail transport services. We connect 150 German cities to major European cities such as Amsterdam, Brussels, Paris and Zurich via our long-distance rail services. Daily scheduled rail service is the core business of long-distance transport. We want to convince customers of our offers and expand our market share by keeping our promise of providing quick and comfortable connections directly into cities at attractive prices. In addition to our services in Germany we are gradually expanding our international range of offers. DB ARRIVA As of January 1, 2011 we bundled together all of our regional transport activities outside of Germany (with the exception of cross-border routes to and from Germany) in the new DB Arriva business unit. The business unit comprises bus and/ or rail transports in eleven European countries: Denmark, Great Britain, Italy, the Netherlands, Poland, Portugal, Sweden, Slovakia, Spain, the Czech Republic and Hungary. These activities will be expanded into the 12th country in the 2011 financial year when DB Arriva inaugurates bus services in Malta. NITS U SINESS BU S ’ P U O R G ML DB SCHENKER LOGISTICS DB DB Schenker Logistics supports industrial and trade cus to mers in the global exchange of goods: in land transport, worldwide air and ocean freight services, as well as in the areas of contract logistics and supply chain management. Our presence in approximately 2,000 locations in over 130 countries enables us to assert ourselves in markets known for having rapid rates of growth and tough competition. As a land transport specialist in Europe, we link together key European business regions via our dense network of regularly scheduled transports. We are equally specialized in providing global solutions in the areas of air and ocean freight as well as providing the related logistical services. Our logistics centers make it possible to connect all modes of transport thereby offering customers a wide selection of value-added services. DB SCHENKER RAIL DB Schenker Rail is the leading freight railway in Europe and is represented in 12 European countries: Belgium, Bulgaria, Denmark, Germany, France, Great Britain, Italy, the Netherlands, Poland, Romania, Switzerland and Spain. We offer block train, single wagon, and combined transport services, as well as special know-how in the iron, coal and steel (Montan) area, chemicals, petroleum-based products, agricultural products, forestry, consumer goods freight, building materials and waste disposal areas. DB SERVICES The availability of reliable services is a central prerequisite for smoothly operating mobility and logistical services and thus for the competi- tiveness of rail transport. DB Group companies are the main customers of the primarily trans- port-related infrastructure management and infrastructure-linked services. B ACK ON TRACK DB ML Group after the economic crisis P ASSENGER TRANSPORT Mobility offers are part of our core competencies. We are active across Europe in 17 countries with bus and/or rail transport provided by our DB Bahn Long-Distance, DB Bahn Regional and DB Arriva business units. Our passenger transport business proved to be robust during the economic crisis and acted as a stabilizing pillar in our Group portfolio. 95,000 EMPLOYEES IN EUROPE DENMARK SWEDEN POLAND 4,196 employees 2,099 employees 138 employees GREAT BRITAIN THE NETHERLANDS GERMANY CZECH REPUBLIC 23,949 employees 1,637 employees 57,116 employees 419 employees FRANCE BELGIUM AUSTRIA SLOVAKIA 16 employees No employees No employees 1,015 employees SWITZERLAND ITALY HUNGARY 146 employees 2,026 employees 244 employees PORTUGAL SPAIN MALTA 1,537 employees 877 employees No employees (starting 2011) Long-distance transport (rail), cross-border Regional transport (rail) Regional transport (bus) EUROPEAN LONG-DISTANCE CONNECTIONS 220 PER DAY IN 80 CITIES No. 1 in bus transport in Germany 773.2 800.2 784.2 2008 2009 2010 Bus transport passengers (millions, excluding DB Arriva) The development in the bus transport sector was barely influenced by the economic crisis. The business is driven by the development of tenders and demographic trends. No. 2 in rail passenger transport in Europe 1,919 1,904 1,946 2008 2009 2010 Rail transport passengers (millions, excluding DB Arriva) The rail transport showed strong robustness in the economic crisis. Demand was primarily influenced by operating factors. The acquisition of Arriva means that we are also very well positioned in the European regional transport market. Arriva not only operates the well-known red double-decker buses in London, it also runs rail transports and water buses. TRANSPORT AND LOGISTICS We have positioned ourselves with a single market appearance under the DB Schenker brand as a strong partner to transport and logistics customers around the world. The effects of the economic crisis were particularly felt by the rail freight transport and air freight segments. 91,000 EMPLOYEES AROUND THE WORLD 1 | IRELAND | 137 employees 20 | FINLAND | 1,284 employees 2 | GREAT BRITAIN | 4,329 employees 20 21 | ESTONIA | 153 employees 21 3 | DENMARK | 516 employees 18 22 | LATVIA | 71 employees 19 22 4 | GERMANY | 32,336 employees 23 24 23 | LITHUANIA | 50 employees 3 5 | THE NETHERLANDS | 2,083 employees 25 24 | WHITE RUSSIA 28 6 | BELGIUM | 499 employees 25 | UKRAINE | 63 employees 1 5 26 2 4 8 7 | LUXEMBOURG | 32 employees 6 27 26 | MOLDOVA | 27 employees 7 10 29 30 8 | CZECH REPUBLIC | 777 employees 27 | SLOVAKIA | 128 employees 15 11 9 12 9 | SLOVENIA | 126 employees 33 28 | POLAND | 7,028 employees 31 32 35 10 | AUSTRIA | 1,667 employees 34 29 | HUNGARY | 346 employees 13 36 11 | SWITZERLAND | 554 employees 30 | ROMANIA | 1,284 employees 16 37 17 12 | CROATIA | 99 employees 31 | BOSNIA-HERZEGOVINA | 38 employees 13 | ITALY | 1,435 employees 32 | SERBIA | 43 employees 14 | MALTA 33 | BULGARIA | 317 employees 14 15 | FRANCE | 5,961 employees 34 | MACEDONIA | 37 employees 16 | SPAIN | 1,791 employees 35 | KOSOVO 17 | PORTUGAL | 278 employees 36 | ALBANIA 18 | NORWAY | 1,239 employees 37 | GREECE | 149 employees 19 | SWEDEN | 3,824 employees AMERICAS EUROPE ASIA 8,862 employees 69,664 employees 10,238 employees AUSTRALIA/ AFRICA OCEANIA 793 employees 1,734 employees Logistics (DB ML Group companies or partners) Rail freight transport (DB ML Group companies or partners) No. 1 in rail freight transport in Europe 378.7 341.0 415.4 2008 2009 2010 Rail freight transport (million t) The rail freight transport sector was especially hit by the effects of the economic crisis and the resulting collapse of key industries like the iron, coal and steel industry (Montan) and the automotive sector. However, driven by the improved economy in 2010, volumes once again rose substantially. THE LEADING ROAD AND RAIL TRANSPORT NETWORKS IN EUROPE No. 1 in European land transport 72,805 70,052 80,816 2008 2009 2010 Land transport (thousand shipments) Our European land transport business is recovering quickly, and in 2010 we were able to surpass the pre-crisis figures posted in 2008.