Deutsche Bahn 2010 Annual Report At a glance Selected key figures 2010 2009 Change absolute % KEY FINANCIAL FIGURES [€ million] Revenues 34,410 29,335 +5,075 +17.3 Revenues comparable 32,456 29,335 +3,121 +10.6 Profit before taxes on income 900 1,387 –487 –35.1 Net profit for the year 1,058 830 +228 +27.5 EBITDA adjusted 4,651 4,402 +249 +5.7 EBIT adjusted 1,866 1,685 +181 +10.7 Non-current assets as of Dec 31 44,530 41,308 +3,222 +7.8 Current assets as of Dec 31 7,473 5,995 +1,478 +24.7 Equity as of Dec 31 14,316 13,066 +1,250 +9.6 Net financial debt as of Dec 31 16,939 15,011 +1,928 +12.8 Total assets as of Dec 31 52,003 47,303 +4,700 +9.9 Capital employed as of Dec 31 31,312 28,596 +2,716 +9.5 ROCE 6.0 % 5.9 % – – Redemption coverage 18.1% 19.4% – – Gearing 118% 115% – – Gross capital expenditures 6,891 6,462 +429 +6.6 Net capital expenditures 2,072 1,813 +259 +14.3 Cash flow from operating activities 3,409 3,133 +276 +8.8 KEY PERFORMANCE FIGURES RAIL PASSENGER TRANSPORT 1) Passengers (million) 1,950 1,908 +42 +2.2 Volume sold (million pkm) 78,582 76,772 +1,810 +2.4 Volume produced (million train-path km) 674.9 675.9 –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 RAIL INFRASTRUCTURE Train kilometers on track infrastructure (million train-path km) 1,034 1,003 +31 +3.1 thereof non-Group customers 195.4 170.4 +25.0 +14.7 Station stops (million) 143.9 143.3 +0.6 +0.4 thereof non-Group customers 22.0 20.0 +2.0 +10.0 BUS TRANSPORT 1) 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 Length of line operated (km) 33,723 33,721 +2 – Passenger stations 5,700 5,707 –7 –0.1 Employees as of Dec 31 276,310 239,382 +36,928 +15.4 Rating Moody’s/Standard & Poor’s/Fitch Aa1/AA/AA Aa1/AA/AA –– 1) Excluding DB Arriva. DB 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 DB BAHN LONG-DISTANCE companies in the bus transport segment, The DB Bahn Long-Distance business unit provides national making us the biggest provider in Germany. 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 interna- tional range of offers. DB SCHENKER LOGISTICS DB Schenker Logistics supports industrial and trade cus- tomers in the global exchange of goods: in land transport, worl dwide 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 DB ARRIVA to gether key European business regions via our dense As of January 1, 2011 we bundled together all of network of regularly scheduled transports. We are equally our regional transport activities outside of Ger- specialized in providing global solutions in the areas of many (with the exception of cross-border routes air and ocean freight as well as providing the related to and from Germany) in the new DB Arriva busi- logistical services. Our ness unit. The business unit comprises bus and/ logistics centers make or rail transports in eleven European countries: it possible to connect Denmark, Great Britain, Italy, the Netherlands, all modes of transport Poland, Portugal, Sweden, Slovakia, Spain, the there by offering cus- Czech Republic and Hungary. These activities tomers a wide selection will be expanded into the 12th country in the of value-added services. 2011 financial year when DB Arriva inaugurates bus services in Malta. DB SCHENKER RAIL DB Schenker Rail is the leading freight railway in Europe and is represented in 12 European countries: Belgium, Bulga ria, Denmark, Germany, France, Great Britain, Italy, the Nether- lands, Poland, Romania, Switzerland and Spain. We offer block train, single wagon, and combined transport services, as well DB GROUP’S BUSINESS UNITS as special know-how in the iron, coal and steel (Montan) area, chemicals, pet ro leum-based products, agricultural pro ducts, forestry, con sumer DB SERVICES goods freight, build- The availability of reliable services is a central ing materials and prerequisite for smoothly operating mobility waste disposal areas. and logistical services and thus for the com- petitiveness of rail transport. DB Group com- panies are the main customers of the primarily transport-related infrastructure management and infrastructure-linked services. DB NETZE TRACK The DB Netze Track business unit is the service provider for all train operating companies (TOC) in Germany that use our nearly 33,600-km-long rail network. Due to its location, our rail network, which is the longest in Europe, is quite important for the transport business in Europe. We ensure the safe operation of our rail infra- structure, the marketing of customer-oriented track usage offers, as well as the preparation of conflict-free schedules. DB NETZE ENERGY The DB Netze Energy business unit bundles together the responsibility to provide TOCs with power derived from a range of energy sources with the technical know-how needed to perform this task. We operate a high-perfor- mance energy infrastructure system to provide power and diesel fuel to mobile and stationary consumers. In addition to planning, maintenance, marketing and oper- DB NETZE STATIONS ation of technically complex energy networks, our range Our approximately 5,700 passenger stations not of services also includes only serve as gateways to the rail system, they the sustainable gener- also act as hubs connecting the various modes of ation and procurement of transport in addition to their roles as marketplaces traction and stationary and calling cards for cities and regions. The activ- energy, which is also pro- ities of DB Netze Stations business unit encompass vided to customers from the operation of the passenger stations as traffic the industrial, trade and stations as well as the development and marketing services sectors. of train station space. BACK ON TRACK DB Group after the economic crisis PASSENGER 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 2010 2008 2009 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 1,920 1,908 1,950 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.