Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Consolidated Management Report | Consolidated Financial Statements 165 Disclosures on amended and new IFRS regulations The following standards and interpretations were amended compared to the consolidated financial statements as of 31.12.2024 or were to be applied initially on a mandatory basis due to their endorsement by EU law or due to their coming into effect. Revised and amended standards / interpretations Valid from 1) Significant impact on the consolidated financial statements IAS 21 Lack of exchangeability 01.01.2025 No 1) To be applied to financial years that start on or after the stated date. Outlook on future IFRS amendments The following standards and interpretations were issued by the IASB and, with the exception of those marked by Footnote 2, were endorsed by the EU. No use was made of the option to apply individual standards in advance. Standards / interpretations Valid from 1) Expected significant impact on the consolidated financial statements Amended standards and interpretations IFRS 9/IFRS 7 Classification and measurement of financial instruments 01.01.2026 No AIP Volume 11 IFRS 1, IFRS 7, IFRS 9, IFRS 10, IAS 7 01.01.2026 No IFRS 9/IFRS 7 Contracts relating to renewable electricity 01.01.2026 No New standards and interpretations IFRS 18 Presentation and disclosure of financial statements 01.01.2027 Yes IFRS 19 Subsidiaries without public accountability: Disclosures 01.01.2027 2) No 1) Applicable to financial years beginning on or after the date specified. 2) Not yet endorsed by the EU. In April 2024, the IASB published IFRS 18 Presentation and Disclosure of Financial Statements , which was adopted by the EU in February 2026. IFRS 18 amends several existing standards and replaces IAS 1 Presentation of Financial Statements . The new standard retains most of the existing requirements and introduces new ones, in order to enhance the transparency and comparability of financial statements. Among other things, IFRS 18 requires the statement of profit or loss to be broken down into three newly defined categories – Operating, Investing and Financing – and mandates the inclusion of the subtotals “Operating profit” and “Profit before financing and income tax.” IFRS 18 also introduces more detailed rules on aggregation and disaggregation – requiring, in particular, a more rigorous, materiality-based breakdown of items in the statement of profit or loss, the balance sheet and the notes to the financial statements. With regard to the balance sheet, it is clarified that goodwill must be shown separately. In addition, provision has been made for more detailed information on company-specific key performance indicators. IFRS 18 is mandatory for the first time for financial years beginning on or after 1 January 2027, although earlier application is permitted. The ÖBB-Infrastruktur Group is not making use of an option previously permitted, but is currently preparing to implement IFRS 18. In this context, the impact of IFRS 18 on the Group is also analysed. A detailed review will be conducted of the new categories and the new subtotals in the statement of profit or loss account, in order to ensure that items are correctly allocated and that the subtotals comply with the requirements of IFRS 18. With regard to the cash flow statement, the ÖBB-Infrastruktur Group anticipates adjustments due to changes in the calculation of cash flow from operating activities. In future, operating profit will form the basis for calculating operating cash flow. In addition, there are specific requirements regarding the presentation of interest received and paid, as well as dividends received. With regard to the new requirements of IFRS 18 concerning the reporting of so-called “Management-defined Performance Measures” (MPMs), the ÖBB-Infrastruktur Group currently assumes that no key performance indicators meeting the definition of an MPM will be reported. The analysis of whether such performance indicators are available has not yet been completed. On 18 December 2024, the IASB published amendments to IFRS 9 and IFRS 7 under the title “Nature-dependent electricity contracts.” Application of the amendments is compulsory from 01.01.2026. This is aimed at clarifying and amending selected provisions in IFRS 9 that have proven to be challenging when accounting for certain electricity supply contracts that are physically or virtually capable of being executed. This is the case when the quantity of electricity produced is to be purchased for such contracts with specific characteristics, including if this does not correspond exactly to demand at certain times, in particular because such contracts are usually long-term.