ÖBB Annual Report 2025

251 Consolidated Financial Statements Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 59 25. Financial liabilities The financial liabilities are composed as follows: Dec 31, 2025 in EUR million up to 1 year 1 to 5 years more than 5 years Total Bonds 1,034.0 721.8 3,604.7 5,360.5 Liabilities to banks 429.0 2,866.4 3,359.8 6,655.2 Financial liabilities leasing 173.0 449.5 220.0 842.5 of which from transport concessions 18.6 79.6 43.1 141.4 Other financial liabilities 1,153.7 4,989.5 20,201.8 26,345.0 Total 2,789.7 9,027.3 27,386.3 39,203.2 Dec 31, 2024 in EUR million up to 1 year 1 to 5 years more than 5 years Total Bonds 1,527.7 1,538.5 3,825.3 6,891.5 Liabilities to banks 227.0 2,054.0 3,551.6 5,832.6 Financial liabilities leasing 169.4 444.9 262.0 876.3 of which from transport concessions 18.1 77.5 63.9 159.5 Other financial liabilities 454.5 4,602.9 17,471.9 22,529.3 Total 2,378.6 8,640.3 25,110.8 36,129.7 Liabilities to banks with a carrying amount of EUR 4,038.6 million (py: EUR 4,088.5 million) relate to financing from the European Investment Bank (EIB). No financing was repaid during 2025, while during 2024, financing with a principal amount of EUR 200 million, a term from 2009 to 2024, and a nominal interest rate of 4.4% was repaid. Furthermore, as in the prior year, installment repayments of EUR 50 million were made on two EIB loans. The remaining contracts are made up as follows: Financial liabilities to the EIB 2025 Remaining term Nominal in EUR Terms Nominal interest rate Effective interest rate Note up to 1 year 140,000,000.00 2006 – 2026 4.247% 4.247% 1 contract 1 to 5 years 1,750,000,000.00 2007 – 2030 1.238% to 4.813% 1.245% to 4.818% 9 contracts more than 5 years 2,150,000,000.00 2011 – 2049 0.429% to 3.524% 0.429% to 3.529% 15 contracts Total 4,040,000,000.00 25 contracts Financial liabilities to the EIB 2024 Remaining term Nominal in EUR Terms Nominal interest rate Effective interest rate Note 1 to 5 years 1,140,000,000.00 2006 – 2029 3.58% to 4.813% 3.585% to 4.818% 5 Contracts more than 5 years 2,950,000,000.00 2010 – 2049 0.429% to 4.184% 0.429% to 4.189% 13 contracts Total 4,090,000,000.00 18 contracts With changes to the Federal Railways Act, if ÖBB-Infrastruktur AG should sell its assets, the ownership structure changes, or the project costs are significantly lower than planned, then either the EIB must be informed or additional collateral must be provided. In addition, the EIB could retain loans that have not yet been disbursed or demand repayment. Guarantees of the federal government There are guarantees of the federal government in place for bonds with a carrying amount of EUR 5,326.4million (py: EUR 6,826.2million). In addition, liabilities at EUR OFIMA with a carrying amount of EUR 299.6 million (py: EUR 387.8 million) are secured by guarantees of the federal government.