Reading recommendations from the Economy topic area
Capital expenditures
The significant increase in gross capital expenditures was driven by the integrated rail system and resulted primarily from higher capital expenditures in rail infrastructure and vehicles at DB Long-Distance.
Investment grants, which are almost exclusively attributable to the integrated rail system, also increased significantly. They accounted for about 50% of gross capital expenditures (in the first half of 2019: about 51%).
Net capital expenditures were also significantly higher. In the integrated rail system, the increase in capital expenditures to expand capacity had a particular impact on DB Long-Distance.
| Capital expenditures (€ million) | H1 | Change | |||
2020 | 2019 | absolute | % | ||
| Gross capital expenditures | 5,552 | 4,825 | + 727 | + 15.1 |
| thereof integrated rail system | 5,034 | 4,241 | + 793 | + 18.7 | |
Investment grants | 2,782 | 2,475 | + 307 | + 12.4 | |
thereof integrated rail system | 2,777 | 2,468 | + 309 | + 12.5 | |
| Net capital expenditures | 2,770 | 2,350 | + 420 | + 17.9 | |
thereof integrated rail system | 2,257 | 1,773 | + 484 | + 27.3 | |