ÖBB Annual Report 2025

233 Consolidated Financial Statements Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 41 Other operating expenses include, in particular, expenses for office requirements, training, postal, bank and telephone charges, insurance, and maintenance by third parties. The expenses for the services of the auditors of the consolidated financial statements and the individual financial state- ments are also included in miscellaneous other operating expenses and are broken down as follows: 2025 2024 Total auditors’ fees in EUR thousand in EUR thousand Annual financial statements and consolidated financial statements audit 2,373 2,166 Other auditing services 2 3 Consulting services 18 776 Other services 196 228 Total 2,589 3,173 The expenses for the auditors indicated above include the fee for all the auditors working in the Group. The auditor of the ÖBB Group accounts for the following expenses: 2025 2024 Fee of the auditor of the consolidated financial statements in EUR thousand in EUR thousand Annual financial statements and consolidated financial statements audit 695 557 Other auditing services 0 3 Consulting services 4 760 Other services 174 146 Total 872 1,466 The audit of the annual and consolidated financial statements for both financial years was carried out by Ernst & Young Wirtschaftsprüfungs-gesellschaft m.b.H. In addition to the audit of the annual financial statements, fees were charged in the 2025 and 2024 financial years for the audits of the non-financial statement within the Group Management Report. 11. Interest income and interest expenses The interest income and expenses of the ÖBB Group are composed as follows: 2025 2024 Interest income/expenses in EUR million in EUR million Interest income 43.6 53.9 Interest expenses -718.0 -664.2 Total -674.5 -610.3 In order to provide a better overview of the financial position, the interest received from swap agreements is offset against the interest expenses from the respective original financial instruments, if a hedge relationship exists. Interest income and interest expenses from service contracts are netted in accordance with IFRIC 12 if this is possible under IAS 32. It is not possible to offset certain service concessions that were added to the Group in the prior year, meaning that interest income from receivables for service concessions and interest expenses for liabilities amounting to EUR 4.1 million (py: EUR 4.2 million) were reported in the reporting year. Interest income relates to liability fees to affiliated companies, accrued interest, the investment of terminated cross-border leasing transactions, and interest from deposits from existing or former cross-border leasing transactions as well as negative interest in the amount of EUR 8.8 million (py: EUR 8.9 million) from loans taken out. The interest income is recognized in accordance with the effective interest method. Interest expenses in the amount of EUR 206.0 million (py: EUR 246.1 million) relate to bonds. In addition, interest expenses are also incurred for EUR OFIMA, OeBFA loans, other borrowings, effects from interest levied on provisions, existing or former cross-border leasing transactions and for derivative financial instruments. Of the total interest expenses, EUR 177.0 million (py: EUR 153.4 million) were capitalized in accordance with IAS 23 Interest on the production cost of qualified assets.