ÖBB Annual Report 2025

249 Consolidated Financial Statements Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 57 The following table shows a summary of the default risk for trade receivables and other receivables: Default risk 2025 in EUR million 2024 in EUR million Trade receivables 648.8 632.0 other receivables 914.1 816.7 Total gross book value of receivables 1,562.9 1,448.7 less impairment 41.5 47.6 of which for trade receivables 38.1 43.6 of which for other receivables 3.4 4.0 Carrying amount 1,521.4 1,401.1 For further information see Note29. 21. Inventories This line item is composed as follows: Dec 31, 2025 Dec 31, 2024 in EUR million in EUR million Inventories 526.3 452.6 finished goods 14.1 11.8 Prepayments 7.8 8.5 Total 548.2 472.9 of which real estate recovery projects 61.5 47.5 of which measured at cost 320.9 268.4 Inventories comprise, among other things, material and spare parts for the upgrade and maintenance of railway network operations, as well as for vehicles and equipment and real estate intended for sale. See Note7 for the recognized cost of materials. Cost of materials includes expenses relating to the impairment allowance for inventories of EUR 6.1 million (py: EUR 5.2 million) and is recognized in cost of materials and purchased services. A reversal of impairment losses was recognized in the income statement in the amount of EUR 1.3 million (py: EUR 0.0 million). Real estate recovery projects were recognized under inventories in the amount of EUR 61.5million (py: EUR 47.5million). Real estate recovery projects relate to real estate that is no longer used in operations and is now under development for later sale. These are former railway station and system facilities which were used for continuous operations. This affects major projects such as the areas of the former Südbahnhof, the Vienna North freight station and the Nordwestbahnhof, which are being developed on a large scale. 22. Cash and cash equivalents This item is broken down as follows: Dec 31, 2025 Dec 31, 2024 in EUR million in EUR million Cash in hand 5.5 6.1 Cash in banks 184.4 282.1 As of Dec 31 (Statement of Financial Position) 189.9 288.2 Other current liabilities -8.4 -5.0 Liabilities to banks -14.0 -3.3 Cash and cash equivalents (Statement of Cash Flows) 167.5 279.9 This item includes investments as well as cash in banks and cash in hand, all of which are current (maturity of less than three months), whereby the remaining term to maturity at the time of acquisition is decisive in terms of the date of maturity. The carrying amounts of these assets are equivalent to their fair values. All components of cash and cash equivalents are freely available to the ÖBB Group. The composition of the cash and cash equivalents is described in Note33.