ÖBB Annual Report 2025

Consolidated Financial Statements 276 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 84 Lease liabilities The following table presents a maturity analysis of lease liabilities and shows the undiscounted lease payments payable after the reporting date. Minimum lease payments Interest expense included Dec 31, 2025 in EUR million in EUR million up to 1 year 193.8 20.8 1 to 5 years 487.6 38.1 more than 5 years 240.5 20.6 Total of minimum lease payments 921.9 79.4 Less interest -79.4 Present value of lease payments = lease liabilities 842.5 Minimum lease payments Interest expense included Dec 31, 2024 in EUR million in EUR million up to 1 year 191.6 22.2 1 to 5 years 490.5 45.6 more than 5 years 286.8 24.8 Total of minimum lease payments 968.9 92.6 Less interest -92.6 Present value of lease payments = lease liabilities 876.3 Amounts recognized in the Income Statement in EUR million 2025 2024 Interest expenses for lease liabilities 15.5 13.6 Expenses for short-term leases 42.7 41.7 Expenses for leases for a low-value asset 3.0 3.1 Expenses from variable lease payments not included in the measurement of lease liability 0.4 0.8 Amortization of rights of use in connection with IFRS 16 163.0 146.5 Amounts recognized in the consolidated Statement of Cash Flows in EUR million 2025 2024 Total cash outflow for leases -190.9 -203.4 thereof repayment portion -174.8 -188.1 thereof interest portion -16.1 -15.3 The total cash outflows are made up of interest and repayments, where repayments are shown in the financing cash flow and interest in the operating cash flow. Payments for short-term leases and for leases of low-value assets are recognized in operating cash flow. Extension options Some real estate lease agreements contain renewal options that can be exercised by the Group up to one year before the end of the non-cancelable contract term. The Group assesses whether the exercise of the extension option is sufficiently certain on the provision date and again if there is a significant change in circumstances. The lease agreements do not contain any special restrictions or commitments. Sale and leaseback transactions As of the reporting dates, lease liabilities from sale-and-lease-back transactions amounting to EUR 15.9 million (py: EUR 17.8million) are recognized.