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Business performance

Development of revenues

Revenues
€ MILLION
20102009Changes
absolute
Changes
%
DB Group34,41029,335+5,075+ 17.3
Effects from changes in the scope of consolidation- 1,286-- 1,286-
Effects from changes in exchange rates- 668-- 668-
DB GROUP - COMPARABLE32,45629,335- 3,121+ 10.6

Group revenues grew again significantly during the year under review in comparison to the same year-ago figure. This change was primarily driven by the substantial economic recovery and the subsequent revival of our relevant transport and logistics markets [see Related topics]. These results were flanked by favorable results noted for the passenger transport segment, especially because of higher volume sold, and by our infrastructure business due to the return of a notable increase in demand in the rail freight transport segment.

Effects arising from major acquisitions were generated by Arriva with € 1,046 million and DB Schenker Rail Polska with € 129 million. Adjusted for these effects the revenue growth posted was 12.9 %. Furthermore, we recorded favorable exchange rate effects of € 668 million, which were mainly generated by the DB Schenker Logistics business unit.

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Adjusted for the effects of exchange rate changes and changes in the scope of consolidation, our revenues grew by 10.6 %.

Total revenues by business unit
€ MILLION
20102009Changes
absolute
Changes
%
DB Bahn Long-Distance3,7293,565+ 164+ 4.6
DB Bahn Regional7,5597,587- 28- 0.4
DB Bahn Urban1,2721,252+ 20+ 1.6
DB Schenker Rail4,5844,055+ 529+ 13.0
DB Schenker Logistics14,31011,292+ 3,018+26.7
DB Services1,2741,237+ 37+ 3.0
DB Netze Track4,5804,369+ 211+ 4.8
DB Netze Stations1,0441,025+ 19+ 1.9
DB Netze Energy2,5012,308+ 193+ 8.4
Other864796+ 68+ 8.5
Consolidation- 8,353- 8,151- 202+ 2.5
DB GROUP (EXCLUDING ARRIVA)33,36429,335+ 4,029+ 13.7
DB Arriva1,046-+ 1,046-
DB GROUP34,41029,335+ 5,075+ 17.3
thereof concession fees (rail)4,3704,489- 119- 2.7

Revenues developed favorably in almost all of the business units. Gains were recorded in all business units with the exception of DB Bahn Regional.

The DB Bahn Long-Distance business unit posted notably higher total revenues due to higher volume sold as well as price measures.

Total revenues posted by the DB Bahn Regional business unit declined slightly as the unit was unable to fully compensate for declining concession fees arising from lower volume sold stemming from tenders lost in the previous year in Germany, and reductions in services offered by the S-Bahn (metro) Berlin.

Despite lower passenger numbers, revenues earned by the DB Bahn Urban business unit rose slightly due, in particular, to higher substitute transports.

As a result of the economic recovery and the related gains in volume sold, the sharpest increases in total revenues were posted by the DB Schenker Logistics and DB Schenker Rail business units following notable declines seen in the previous year.

Revenues developed favorably in all business units within our Infrastructure division.

Total revenues posted by the DB Netze Track business unit rose due to greater demand for track as well as pricing measures.

Total revenues recorded by the DB Netze Stations business unit increased as a result of pricing measures and higher rental income.

Revenues noted for the DB Netze Energy business unit were favorably influenced by stronger sales of energy services and traction current.

Detailed information about the performance of the individual business units may be found in the chapter Development of business units [see Related topics].

Based on a breakdown of external revenues by business units, business units in the Passenger Transport division saw their share decline from 42 to 39 %. The percentage held by the DB Bahn Long-Distance business unit fell from 12 to 10 %, while DB Bahn Regional saw its share contract from 26 to 22 %. The DB Bahn Urban business unit retained its 4 % share of total revenues, while the new DB Arriva business unit posted a 3 % share for the year under review based on its less-than-one-year inclusion. In contrast, the share held by the DB Schenker Logistics business unit rose from 38 to 41 %, while DB Schenker Rail’s share remained unchanged at 13 %. DB Schenker Logistics retained its position as the primary revenue driver followed by DB Bahn Regional.

External revenues by region
€ MILLION
20102009Changes
absolute
Changes
%
Germany21,39319,930+ 1,463+ 7.3
Europe (excluding Germany)8,6646,245+ 2,419+ 38.7
Asia/Pacific2,0991,472+ 627+ 42.6
North America1,7801,371+ 409+ 29.8
Rest of world474317+ 157+ 49.5
DB GROUP34,41029,335+ 5,075+ 17.3

The effects of the global economic recovery noted in 2010 were also visible in the regional breakdown of revenues and led to increased revenues in all regions. This development was flanked by the first-time inclusion of Arriva which impacted on results in the rest of Europe. Revenues generated in Germany climbed by 7.3 %, but not as strongly as in the other regions due to the comparatively stable development noted for the passenger transport and infrastructure business units.

The share of revenues generated outside of Germany rose accordingly from 32 % in the previous year to 38 % during the year under review.

External revenues structure 2010

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Last modified: 13.07.2011

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