Disclosures on assets held for sale and liabilities in connection with assets held for sale (IFRS 5)
Due to the completion of the sale of the discontinued operation DB Schenker and the sale of a company from the DB Cargo segment, the corresponding assets and liabilities were derecognized as of April 30, 2025. DB Group’s activities are now largely concentrated on Germany.
The total net assets of € 3.6 billion derecognized with the sale of DB Schenker are contrasted by the sale price of € 11.6 billion from the sale of shares. In addition to an agreed fixed sales price of € 11.3 billion, this includes interest on the purchase price and opposite compensation for the profit and loss transfer agreement with Schenker AG, which ran until April 30, 2025. Intercompany liabilities and the effects from the termination of the debt assumption agreement for pension obligations were also offset in the amount of € 0.9 billion, resulting in a total cash inflow of € 12.5 billion from the sale. The resulting gain on disposal of € 7.3 billion was reported in the consolidated statement of income under profit after taxes from discontinued operations. In connection with the completion of the sale of DB Schenker, DB AG’s assumption of debt amounting to € 198 million in respect of selected pension obligations of DB Schenker AG and their recognition as pension obligations of DB AG were also terminated.
One company from the DB Cargo segment was classified as held for sale as of June 30, 2025.
Profit after taxes from discontinued operations was composed as follows:
| € million | DB Schenker | DB Arriva | ||||
|---|---|---|---|---|---|---|
| H1 | 2024 | H1 | 2024 | |||
| 2025 | 2024 | 2025 | 2024 | |||
| Revenues | 6,137 | 9,406 | 19,201 | – | 1,730 | 1,730 |
| Other income, inventory changes, and other internally produced and capitalized assets, income from companies accounted for using the equity method, other financial result | 295 | 2,794 | 1,209 | – | 105 | 105 |
| Expenses | –6,066 | –11,725 | –19,161 | – | –1,658 | –1,658 |
| Profit before taxes from discontinued operations | 366 | 475 | 1,249 | – | 177 | 177 |
| Taxes on income | –56 | –76 | –217 | – | –13 | –13 |
| Disposal result in connection with discontinued operations | 7,343 | – | – | – | –190 | –190 |
| Profit after taxes from discontinued operations | 7,653 | 399 | 1,032 | – | –26 | –26 |