ÖBB Annual Report 2025

Consolidated Financial Statements 240 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 48 Additions to property, plant and equipment due to first-time consolidated companies or disposals due to deconsolidation are presented in separate lines in the schedule of property, plant and equipment. Further information on the basis of consolidation can be found in Note 2. Additions in the 2025 financial year, excluding rights of use, amounted to EUR 4,313.0 million (py: EUR 4,583.9 million), and primarily relate to master plan projects and capital expenditure on the Southern line, capital expenditure for the mod- ification and new construction of stations, expansion work in Greater Vienna, and investments in the expansion of the Western line as well as the procurement of rolling stock. This mainly concerns buildings, technical equipment and machin- ery as well as assets under construction. Transfers include both amounts reclassified from “Assets under construction” to the specific accounts for completed prop- erty, plant and equipment, and intangible assets, and assets reclassified to or from the items “Assets held for sale” (Note 19) and “Inventories” (Note21). In the financial year, the ÖBB Group capitalized interest on the production cost of qualifying assets amounting to EUR 177.0 million (py: EUR 153.4million) in accordance with IAS 23. The interest rate for borrowed capital was 2.3 to 2.9%, (py: 2.2 to 2.9%). Of the federal subsidies, the amount of EUR 156.2 million (py: EUR 136.0 million) was recognized as investment grants for capitalized interest. Losses were incurred from disposals of property, plant and equipment of EUR 40.5 million (py: EUR 29.2 million), resulting from scrapping and demolishing assets, the sale of vehicles and other equipment as well as disposals related to new investments and assignments to the public sector. Income from the disposal of property, plant and equipment and assets held for sale amounted to EUR 29.0 million (py: EUR 35.4 million) and relates in particular to the sale of properties and vehicles. Compensation contributions were received to an insignificant extent in both financial years. Property, plant and equipment with the following carrying amounts are pledged as collateral for financial liabilities or are subject to restrictions on their disposal rights: Restrictions on disposal rights Pledged as collateral in EUR million 2025 2024 2025 2024 Rolling stock 115.7 119.3 31.1 57.5 Other technical equipment and machinery 0,0*) 0,0*) 0.0 0.0 Other plant, furniture and fixtures 0,0*) 0,0*) 0.0 0.0 *) Small amount. Purchase obligations amounting to EUR 5,019.3 million (py: EUR 4,747.3 million) exist for certain assets, especially in con- nection with open order commitments. For further details on changes in accounting estimates, see Note3. Impairment The recoverable amount of all CGUs of the ÖBB Group is represented by the value in use. The recoverable amount for the Cargo CGU amounted to EUR 1,061.4 million (py: EUR 1,111.6 million) and EUR 180.8 million (py: EUR 145.4 million) for the Intermodal CGU as at the reporting date. See Note 3 for the metrics used to calculate the value in use. For further details on goodwill, see Note 15. The assumptions used in the impairment test had to be adjusted in 2025 due to adverse economic conditions, particularly in the agricultural and single-wagon business segments, resulting in a decrease in the recoverable amount of the CGUs in the Cargo CGU compared to the prior year’s impairment test. Following the impairment test conducted for property, plant and equipment and intangible assets using the revised budget figures, the Cargo CGU recorded an impairment loss of EUR 81.1 million in the 2025 financial year (py: none), which was allocated in full to goodwill, thereby writing this off in full. The impairment test for the Intermodal CGU did not result in any impairment losses in either of the reporting years.