ÖBB Annual Report 2025

Consolidated Financial Statements 264 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 72 The following cash flows are assumed with regard to derivative financial assets and liabilities: Cash flows 2025 Cash flows 2026–2029 Cash flows 2030 and beyond Carrying amount Interest Redempti on Interest Redemption Interest Redemp- tion in EUR million Dec 31, 2024 2025 2025 2026-2029 2026-2029 2030ff 2030ff Derivative financial receivables Interest derivatives with cash flow hedges 1.5 1.3 0.0 3.5 0.0 0.2 0.0 Power derivatives with cash flow hedges 10.6 0.0 40.3 0.0 54.8 0.0 0.0 Diesel swaps with cash flow hedges 0.3 0.0 0.1 0.0 0.2 0.0 0.0 Power derivatives without hedge relation 7.6 0.0 43.1 0.0 0.6 0.0 0.0 Derivate financial liabilities Interest derivatives with cash flow hedges 7.7 2.0 0.0 4.8 0.0 0.0 0.0 Power derivatives with cash flow hedges 20.4 0.0 78.1 0.0 14.9 0.0 0.0 Diesel swaps with cash flow hedges 0.9 0.0 0.4 0.0 0.4 0.0 0.1 Power derivatives without hedge relation 15.3 0.0 50.5 0.0 6.0 0.0 0.0 Other derivatives not designated as hedges 0.3 0.0 0.0 0.0 0.3 0.0 0.0 Financial guarantees Other contingent liabilities 18.2 0.0 9.9 0.0 2.1 0.0 6.2 The table includes all financial instruments held in the portfolio as of the reporting date for which payments have already been contractually agreed. Estimated payments for future new liabilities were not taken into account in future cash flows. Foreign currency amounts have been translated using the reporting date rate in each case. Variable interest payments from financial instruments were determined based on the interest rates applicable on the reporting date. Guarantees of the federal government As explained in Note25, bonds, certain liabilities to banks and liabilities to EUR OFIMA are guaranteed by the federal government. 29.3. Hedging transactions Hedge Accounting The ÖBB Group applies the hedge accounting regulations in accordance with IFRS 9 (Hedge Accounting) to hedges of assets and liabilities and future cash flows. This reduces volatilities in the Consolidated Income Statement. A distinction is made between fair value hedges and cash flow hedges, depending on the hedged item. The ÖBB Group only uses cash flow hedging. A cash flow hedge mitigates the exposure to fluctuation of future anticipated cash flows from the financial assets and liabilities recognized in the Statement of Financial Position, and from planned transactions. For cash flow hedges, the Cash flows 2026 Cash flows 2027–2030 Cash flows as of 2031 and onwards Carrying amount Interest Redemp- tion Interest Redemp- tion Interest Redemp- tion in EUR million Dec 31, 2025 2026 2026 2027-2030 2027-2030 2031ff 2031ff Derivative financial receivables Interest derivatives with cash flow hedges 2.3 0.3 0.0 0.3 0.0 0.0 0.0 Power derivatives with cash flow hedges 3.9 0.0 34.8 0.0 44.5 0.0 0.0 Power derivatives without hedge relation 6.0 0.0 18.5 0.0 2.4 0.0 0.0 Other derivatives not designated as hedges 0.2 0.0 0.2 0.0 0.0 0.0 0.0 Derivate financial liabilities Interest derivatives with cash flow hedges 5.4 5.4 0.0 0.0 0.0 0.0 0.0 Power derivatives with cash flow hedges 4.1 0.0 59.0 0.0 11.7 0.0 0.0 Diesel swaps with cash flow hedges 3.5 0.0 2.0 0.0 1.5 0.0 0.0 Power derivatives without hedge relation 4.9 0.0 67.9 0.0 1.8 0.0 0.0 Financial guarantees Other contingent liabilities 22.4 0.0 10.6 0.0 6.0 0.0 5.8