ÖBB Annual Report 2025

Consolidated Financial Statements 202 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 10 Standards/ interpretations Effective as of 1) Expected impact on the Consolidated Financial Statements Amended standards and interpretations IFRS 9 / IFRS 7 Classification and measurement of financial instruments 01.01.2026 No AIP Volume 11 IFRS 1, IFRS 7, IFRS 9, IFRS 10, IAS 7 01.01.2026 No IFRS 9 / IFRS 7 Contracts referencing nature-dependent power 01.01.2026 No IAS 21 Conversion of financial information into hyperinflationary currencies 01.01.2027 No New standards and interpretations IFRS 18 Presentation and disclosures in the financial statements 01.01.2027 Yes IFRS 19 Subsidiaries without public accountability: disclosures 01.01.2027 2) No 1) Applicable for financial years starting on or after the indicated date. 2) Not yet adopted by the EU. The IASB published IFRS 18 Presentation and Disclosure in Financial Statements in April 2024, and this was endorsed by the EU in February 2026. IFRS 18 amends several existing standards and replaces IAS 1 Presentation of Financial Statements . The new standard adopts most of the requirements and introduces new ones to increase the transparency and compara- bility of financial statements. Among other things, IFRS 18 requires the income statement to be broken down into three newly defined categories: operating, investing and financing, as well as the mandatory subtotals “operating profit” and “profit before financing and income taxes.” IFRS 18 also introduces extended regulations on aggregation and disaggrega- tion and, in particular, requires a stricter, materiality-based breakdown of items in the income statement, statement of financial position, and notes. With regard to the statement of financial position, it is clarified that goodwill must be reported separately. Extended disclosures are also provided for company-specific key figures. IFRS 18 must be applied for the first time for financial years beginning on or after January 1, 2027, although earlier appli- cation is permitted. The ÖBB Group does not make use of an earlier permissible application, but is currently making preparations for implementation of IFRS 18. The impacts of IFRS 18 on the Group are also being analyzed in this context. With regard to the new categories and the new subtotals in the income statement, a detailed review is being carried out in order to allocate the items appropriately and ensure that the subtotals meet the requirements of IFRS 18. With regard to the Statement of Cash Flows, the ÖBB Group expects adjustments due to the change in the derivation of the cash flow from operating activities. In future, the operating result will be the starting point for determining the oper- ating cash flow. In addition, there are specific requirements regarding the presentation of interest received and paid, as well as dividends received. With regard to the new requirements of IFRS 18 for reporting on “management-defined performance measures” (MPMs), the ÖBB Group currently assumes that no key figures are reported that meet the definition of an MPM. The analysis of whether such performance indicators exist has not yet been completed. On December 18, 2024, the IASB published amendments to IFRS 9 and IFRS 7 under the title “Contracts Referencing Nature-dependent Electricity.” Application of the amendments is mandatory from Jan 1, 2026. The aim is to clarify and adjust selected provisions in IFRS 9 that have proven to be challenging when accounting for certain physically or virtually settled electricity supply contracts. This is the case if, in the case of such contracts with specific features, the amount of power produced must be purchased even if this does not correspond exactly to demand at certain times, especially since such contracts are usually long-term. Specifically, the adopted document contains IFRS 9 amendments relating to – the application of the own-use exception in IFRS 9.2.4; – the application of hedge accounting when such contracts are used as hedging instruments; – additional disclosures to illustrate the impacts of such contracts on the company’s income and future cash flows. The amendments to IFRS 9 and 7 have no material impact on the accounting methods. The own-use exemption has already been applied to a contract for solar energy. In addition, two long-term supply contracts from hydropower plants are rec- ognized as derivatives and another long-term supply contract is already offset at the EPEX spot price. There are no other standards that are not yet effective and are expected to have a material effect on the ÖBB Group in the current or future reporting period and on expected future transactions.