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DEUTSCHE BAHN AG
Provisions for restructuring measures are mainly attributable to
a loss compensation obligation for DB JobService GmbH.
The provisions for ecological legacy issues are mainly attrib­
utable to the remedial action taken with regard to these issues
which occurred before July 1, 1990 on the grounds of the former
Deutsche Reichsbahn. A corresponding provision of € 2.9 billion
had previously been included in the opening balance sheet of
Deutsche Reichsbahn, and was transferred unchanged to the
opening balance sheet of DB AG.
Provisions for potential return obligations were created for
risks attributable to restitution claims for land of the former
Deutsche Reichsbahn.
Other risks combine all other uncertain liabilities. This
mainly include provisions for:
a Recultivation and decommissioning measures (plant
closures)
a Failure to carry out maintenance (also comprises subsequent
measures relating to sold/transferred land)
a Obligations arising from the implementation of real estate
reclassification
(10) Liabilities
a The statutory requirement to keep business documents for
the main Group companies (archiving costs)
a litigation risks
The cover funds in connection with pension provisions (€ 27
million) are netted with the corresponding pension obligations
(€ 35 million).
The trust assets in connection with credit balances for
long­term accounts (€ 1 million) are netted with the corresponding
provisions (€ 1 million).
In accordance with Section 268 (8) Clause 3 HGB, a figure
of € 0.00 is restricted with regard to dividend payments.
[ € million ] Dec 31, 2010
Cover funds at fair value 28
Cover funds at cost of purchase 27
Balance 1
– freely disposable reserves and profit carry-forwards 6,768
amouNt restriCted for divideNd paymeNt 0
[ € million ] Dec 31, 2010 thereof with a residual maturity of dec 31, 2009
up to 1 year 1 to 5 years more than 5 years
Bonds 67 46 21 – 67
Advance payments received for orders – – – – 0
trade accounts payable 20 20 – – 20
liabilities to affiliated companies 10,036 2,699 1,805 5,532 7,868
liabilities to companies in which a participating interest is held 1,164 11 953 200 963
other liabilities 162 162 0 0 161
thereof tax liabilities 17 17 – – 58
thereof social security liabilities – – – – 0
tOtAl 11,449 2,938 2,779 5,732 9,079
thereof iNterest-beariNg 10,586 8,494
The liabilities due to affiliated companies comprise loans due
to Deutsche Bahn Finance B.V. (DB Finance), Amsterdam/the
Netherlands of € 8,352 million (previous year: € 6,880 million),
liabilities from cash­pooling of € 943 million (previous year:
€ 540 million), financing (profit transfers, further loans and
interest) totaling € 415 million (previous year: € 236 million), a
single entity deemed to exist for VAT purposes of € 178 million
(previous year: € 147 million) as well as trade accounts payable
of € 148 million (previous year: € 65 million).
liabilities to companies in which a participating interest is held
include long­term interest­bearing loans of the European Company
for the Financing of Railroad Rolling Stock, Basel /Switzerland
(Europäische Gesellschaft für die Finanzierung von
Eisenbahnmaterial; EUROFImA) (€ 1,153 million; previous year:
€ 953 million). Due to statutory considerations of EUROFImA,
these loans have to be secured by the transfer of ownership of
rolling stock. This was achieved by transferring ownership of
rolling stock of the subsidiaries DB Fernverkehr AG, DB Regio
AG and DB Schenker Rail Deutschland AG.
Other liabilities are not secured.