Notes to the consolidated interim financial statements

Contingent receivables and liabilities and guarantee obligations

Contingent receivables (as of June 30, 2026: € 25 million; as of December 31, 2025: € 22 million; as of June 30, 2025: € 18 million) mainly comprised a recovery claim in conjunction with investment grants that had been provided but not sufficiently determined as of the balance sheet date in terms of the specific amount and due date.

As of June 30, 2026, it remained the case that no contingent receivables had been recognized for all injunction proceedings in view of the high level of uncertainty relating to refund claims, the timing of refunds and the probability of refunds.

The contingent liabilities were composed as follows:

€ millionJun 30, 2026Dec 31, 2025Jun 30, 2025
Negotiation and transfer of bills of exchange121214
Other contingent liabilities514659
Total635873

Other contingent liabilities also comprise risks arising from litigation that were not recognized as provisions because the expected probability of occurrence was less than 50 %.

There were also contingencies of € 38 million from guarantees as of June 30, 2026 (as of December 31, 2025: € 96 million; as of June 30, 2025: € 74 million), of which € 35 million related to guarantees in connection with DB Schenker and the sale of DB Arriva that had not yet been redeemed at the closing. As of June 30, 2026, property, plant and equipment with carrying amounts of € 0 million (as of December 31, 2025: € 0 million; as of June 30, 2025: € 1 million) were also used as security for loans.

DB Group acts as guarantor mainly for equity participations and working groups, and is legally subject to joint and several liability for all working groups in which it is involved.

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