ÖBB Annual Report 2025

Consolidated Financial Statements 252 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 60 Issued bonds The bonds with a total nominal value of EUR 5,325.0 million (py: EUR 6,825.0million) are broken down as follows: Nominal Currency Term ISIN Interest rate 100,000,000.00 EUR 2006 – 2036 XS0243862876 2.9900% 100,000,000.00 EUR 2006 – 2036 XS0244522396 2.9900% 100,000,000.00 EUR 2006 – 2036 XS0252697130 3.5000% 50,000,000.00 EUR 2006 – 2036 XS0252721450 3.5000% 100,000,000.00 EUR 2006 – 2036 XS0275973278 3.4900% 80,000,000.00 EUR 2006 – 2036 XS0275974599 3.4900% 100,000,000.00 EUR 2007 – 2037 XS0321318163 4.0000% 100,000,000.00 EUR 2007 – 2037 XS0324893626 4.0000% 50,000,000.00 EUR 2007 – 2037 XS0324895670 4.0000% 100,000,000.00 EUR 2007 – 2037 XS0328866982 4.0000% 50,000,000.00 EUR 2007 – 2037 XS0331427905 4.0000% 50,000,000.00 EUR 2007 – 2037 XS0336043517 3.9900% 50,000,000.00 EUR 2010 – 2030 XS0497430172 4.2100% 70,000,000.00 EUR 2010 – 2030 XS0503724642 4.2000% 100,000,000.00 EUR 2010 – 2030 XS0512125849 3.9000% 1,000,000,000.00 EUR 2011 – 2026 XS0691970601 3.5000% 200,000,000.00 EUR 2011 – 2031 XS0717614951 4.0000% 1,350,000,000.00 EUR 2012 – 2032 XS0782697071 3.3750% 75,000,000.00 EUR 2013 – 2033 XS0954197470 2.1250% 1,000,000,000.00 EUR 2013 – 2033 XS0984087204 3.0000% 500,000,000.00 EUR 2014 – 2029 XS1071747023 2.2500% ÖBB-Infrastruktur AG initiated a Euro medium-term note (“EMTN”) program from 2005 to 2014. Payments relating to bonds issued under this framework agreement are guaranteed unconditionally and irrevocably by the Republic of Austria. All bonds listed above were issued by ÖBB-Infrastruktur AG as part of this program. Six bonds (USD 108.5 million) were issued in 2015, of which one (py: three) in the amount of USD 40.1 million (py: USD 67.8 million) with CUSIP number A5790#AD0 (maturity 2026). Two bonds with CUSIP numbers A5790#AE8 and A5790#AF5 were settled in 2025. The fair value of this bond is determined using a valuation model based on observable market data and is therefore allocated to Level 2 of the fair value hierarchy (Note 29.5). Financial liabilities leasing The liabilities from transport concessions reported under financial liabilities leasing are the present value of the obligations entered into to pay leasing installments in connection with service concessions. Other receivables include the unconditional contractual claims to receive subsidies at the same amount. Further details are provided in the section “Agreements and service relationships with customer organizations in Germany” in Note 3. The financial liabilities from leases in accordance with IFRS 16 amount to EUR 582.1 million (py: EUR 584.5 million ). The offsetting items to these values are reported as right-of-use assets under property, plant and equipment. Other financial liabilities Other financial liabilities essentially comprise EUR OFIMA loans amounting to EUR 299.6 million (py: EUR 387.8 million ), of which in 2025, EUR 224.6 million (py: EUR 88.2 million) had a residual term of less than one year. Liabilities to the federal government (OeBFA) with a carrying amount of EUR 23,586.0million (py: EUR 19,999.4 million) and negative present val- ues of derivative financial instruments are also recognized under this item. Of the liabilities to the federal government (OeBFA), EUR 521.3 million (py: zero) are current liabilities. Since 2017, the ÖBB-Infrastruktur Group has been raising the necessary financing primarily through loans from the Republic of Austria that are provided by the Austrian Treasury (OeBFA) rather than by issuing its own bonds on the capital markets. All existing bonds of ÖBB-Infrastruktur AG and their guarantees by the Republic of Austria remain unaffected by this ex- pansion of the financing instruments of ÖBB-Infrastruktur AG.