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Revenues - Deutsche Bahn AG

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DB Group<br />

2003 highlights<br />

Operational Improvements vs. 2002<br />

Productivity: +3.5%<br />

<strong>Revenues</strong> (comparable): +2.0%<br />

<strong>Revenues</strong>: +51.1%<br />

EBITDA before special burden<br />

compensation: € +1,071 mn<br />

Operating income<br />

after interest: € +282 mn<br />

Successful integration of Stinnes<br />

Continued high-level capital<br />

expenditure activities<br />

Roll-out of traveler information<br />

system started<br />

Launch of RhineNeckar S-<strong>Bahn</strong> (metro)<br />

and Rodgau S-<strong>Bahn</strong> (metro)<br />

First -<br />

rate<br />

railway<br />

<strong>Deutsche</strong> <strong>Bahn</strong> Group Road Show Europe 2004<br />

Market and Competition<br />

Passenger transport<br />

Market share gains in shrinking market<br />

Transport performance below previous year (-0.4%)<br />

Logistics (Schenker):<br />

further growth<br />

Rail freight • Wachstumschancen transport (Railion) durch<br />

Slight market<br />

Geschäftsausweitung<br />

share gains<br />

Focus on<br />

Transport<br />

insbesondere<br />

performance<br />

im<br />

increase<br />

Personen-<br />

(+2.4%)<br />

value<br />

generation<br />

verkehr sowie Logistik<br />

Further portfolio consolidation<br />

(sale of Brenntag, Stinnes-Interfer)<br />

Refocusing of real estate activities (sale<br />

of major real estate portfolio to Aurelis)<br />

Reorganization of Group Passenger Transport<br />

division and new Group divisions Transport and<br />

Logistics and Services<br />

Major Events Group Portfolio<br />

4

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