ÖBB Annual Report 2025

Consolidated Financial Statements 242 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 50 2024 in EUR million Concessions, property rights, licenses and development costs Investment grants to third parties Goodwill Intangible assets under development Total Cost Cost as of Jan 1, 2024 554.1 1,886.0 235.4 165.3 2,840.8 Translation differences -0.7 0.0 -13.7 0.0 -14.5 Additions 20.7 163.9 0.0 94.6 279.2 Additions to the basis of consolidation 10.3 0.0 47.0 0.0 57.3 Disposals -7.2 0.0 0.0 -0.2 -7.3 Change in reporting entities -0.4 0.0 0.0 0.0 -0.4 Transfers 56.4 17.8 0.0 -72.1 2.1 Cost as of Dec 31, 2024 633.1 2,067.7 268.7 187.7 3,157.1 Accumulated depreciation and amortization as of Jan 1, 2024 (incl. impairment) -409.5 -350.5 -152.3 0.0 -912.3 Translation differences 0.6 0.0 9.9 0.0 10.5 Amortization (incl. impairment) -50.0 -26.7 0.0 -0.2 -76.9 Additions to the basis of consolidation -2.1 0.0 0.0 0.0 -2.1 Disposals 7.1 0.0 0.0 0.2 7.3 Change in reporting entities 0.4 0.0 0.0 0.0 0.4 Accumulated depreciation and amortization as of Dec 31, 2024 (incl. impairment) -453.4 -377.3 -142.4 0.0 -973.1 Carrying amounts before investment grants as of Jan 1, 2024 144.6 1,535.5 83.1 165.3 1,928.5 Carrying amounts before investment grants as of Dec 31, 2024 179.7 1,690.4 126.3 187.7 2,184.1 Investment grants As of Jan 1, 2024 -37.1 -826.5 0.0 0.0 -863.6 Additions -5.4 -58.6 0.0 0.0 -64.0 Additions to the basis of consolidation -0.2 0.0 0.0 0.0 -0.2 Change in reporting entities 0.3 0.0 0.0 0.0 0.3 Transfers 1.4 -1.5 0.0 -5.2 -5.3 As of Dec 31, 2024 -41.0 -886.7 0.0 -5.2 -932.9 Accumulated depreciation and amortization as of Jan 1, 2024 30.8 116.9 0.0 0.0 147.7 Depreciation and amortization 2.0 3.7 0.0 0.0 5.8 Additions to the basis of consolidation 0.2 0.0 0.0 0.0 0.2 Change in reporting entities -0.3 0.0 0.0 0.0 -0.3 Accumulated depreciation and amortization as of Dec 31, 2024 32.8 120.6 0.0 0.0 153.4 Investment grants as of Jan 1, 2024 -6.3 -709.6 0.0 0.0 -715.9 Investment grants as of Dec 31, 2024 -8.2 -766.0 0.0 -5.2 -779.5 Carrying amounts after investment grants as of Jan 1, 2024 138.3 825.9 83.1 165.3 1,212.6 Carrying amounts after investment grants as of Dec 31, 2024 171.5 924.4 126.3 182.4 1,404.6 Intangible assets under development are purchased intangible assets that have not yet been completed and are not yet in use. Additions to the item “Concessions, property rights, licenses and development costs” include EUR 30.9 million (py: EUR 31.6 million) in intangible assets from intra-group development, some of which are still under development. The average useful life of investment grants to third parties is EUR 45.0 (py: 40.2) years. Research and development expenses in the amount of EUR 45.2 million (py: EUR 42.7 million) were recognized in profit or loss since a clear distinction between the development phases and the research phases of the projects is not possible, and the ability of the developments to generate future benefits was considered uncertain. Expenses for research and develop- ment amounting to more than EUR 0.4 million (py:EUR 0.7 million) were capitalized as assets under the item “Concessions, industrial property rights, licenses, and development costs.”