Capital expenditures
| 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 | |
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.
The focus of our capital expenditure activities continues to center on the integrated rail system for measures to improve performance and efficiency in the rail infrastructure sector as well as measures to rejuvenate and develop our vehicle fleet.
Capital expenditure priorities
| Gross capital expenditures by regions (€ million) | H1 | Change | |||
2020 | 2019 | absolute | % | ||
| Germany | 5,092 | 4,299 | + 793 | + 18.4 |
| Europe (excluding Germany) | 393 | 457 | – 64 | – 14.0 | |
| Asia/Pacific | 61 | 53 | + 8 | + 15.1 | |
| North America | 25 | 28 | – 3 | – 10.7 | |
| Rest of world | 2 | 9 | – 7 | – 77.8 | |
| Consolidation | – 21 | – 21 | – | – | |
| DB Group | 5,552 | 4,825 | + 727 | + 15.1 | |
| Net capital expenditures by regions (€ million) | H1 | Change | |||
2020 | 2019 | absolute | % | ||
| Germany | 2,315 | 1,831 | + 484 | + 26.4 |
| Europe (excluding Germany) | 388 | 450 | – 62 | – 13.8 | |
| Asia/Pacific | 61 | 53 | + 8 | + 15.1 | |
| North America | 25 | 28 | – 3 | – 10.7 | |
| Rest of world | 2 | 9 | – 7 | – 77.8 | |
| Consolidation | – 21 | – 21 | – | – | |
| DB Group | 2,770 | 2,350 | + 420 | + 17.9 | |
In the regional breakdown of gross capital expenditures, the focus remained on the integrated rail system, especially in Germany. The increase is mainly due to infrastructure measures and vehicle procurements at DB Long-Distance.