Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Group Management Report | Consolidated Financial Statements 11 As in the previous year, the cost of materials ratio was 22 5%. The average cost of materials and purchased services per employee was approximately TEUR 37 (previous year: approximately TEUR 40). The increase in EBIT is attributable, in particular, to the interest component of the annuities from federal subsidies pursuant to Section 42 (2) Federal Railways Act (Bundesbahngesetz), which covers the interest expenses included in the financial result. The ÖBB-Infrastruktur Group generated a negative financial result of approximately EUR 596.2 million (previous year: approximately EUR 499.0 million) in the reporting year. EBT increased to approximately EUR 15.1 million (previous year: approximately EUR 12.6 million). Financial and asset position Overview 31.12.2025 31.12.2024 Change Change in % Balance total in EUR million 37,483.8 35,230.7 2,253.1 6% Property, plant and equipment ratio 23 in % 91% 92% -1% -1% Property, plant and equipment coverage ratio 24 in % 4% 4% 0% 0% Property, plant and equipment coverage ratio II 25 in % 97% 96% 1% 1% Equity ratio in % 4% 4% 0% 0% Statement of financial position Development of the structure of the statement of financial position of the ÖBB-Infrastruktur Group is as follows: Structure of the Group statement of financial position in EUR million 31.12.2023 31.12.2024 Structure 2024 31.12.2025 Structure 2025 Change from 2024 to 2025 Non-current assets 31,983.5 34,402.6 98% 36,515.0 97% 2,112.4 Current assets 794.7 828.1 2% 968.8 3% 140.7 Balance total 32,778.2 35,230.7 100% 37,483.8 100% 2,253.1 Equity 1,362.7 1,435.8 4% 1,473.6 4% 37.8 Non-current liabilities 27,276.2 29,706.2 84% 31,694.5 85% 1,988.3 Current liabilities 4,139.3 4,088.7 12% 4,315.7 11% 227.0 The balance total of the ÖBB Infrastruktur Group increased in the reporting year to approximately EUR 37,483.8 million (previous year: approximately EUR 35,230.7 million). The increase in non-current assets is largely attributable to investments in property, plant and equipment. Further details on investments in the financial year are provided in the section “ Investments and financing measures .” Following an increase in equity to approximately EUR 1,473.6 million (previous year: approximately EUR 1,435.8 million), the equity ratio remained unchanged compared to the previous year at 4%. Trade receivables decreased from approximately EUR 242.1 million to approximately EUR 231.7 million. Working capital 26 was approximately EUR -825.8 million (previous year: approximately EUR -980.2 million). The liabilities of the ÖBB-Infrastruktur Group increased in the reporting year in total by 7% to approximately EUR 35,584.5 million (previous year: approximately EUR 33,269.4 million). Information about significant provisions is provided in Note 26 to the consolidated financial statements. 22 Material intensity: cost of materials / total expenses. 23 Property, plant and equipment ratio: property, plant and equipment / total assets. 24 Property, plant and equipment coverage ratio: equity / property, plant and equipment. 25 Property, plant and equipment coverage ratio II: (equity + non-current liabilities) / property, plant and equipment. 26 Working capital: inventories (excluding items held for sale) + trade receivables – trade payables – advance payments for inventories.