Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Consolidated Management Report | Consolidated Financial Statements 178 Contract assets and contract liabilities Contract assets relate to the ÖBB- Infrastruktur Group’s conditional claims for consideration for the complete fulfilment of contractual services. Claims from contract assets, less amounts already charged to the customer, are also reported in the trade receivables item. The amount is charged to the customer when the Group has fulfilled its performance obligations. Contract liabilities relate to payments received prematurely, i.e. before the contractual performance obligation has been fulfilled. These are recognised as revenue as soon as the ÖBB-Infrastruktur Group has fulfilled its contractual performance obligations. In both reporting years no contract liabilities were identified. Income recognition The ÖBB-Infrastruktur Group recognises revenue when it meets a performance obligation by transferring a promised good or service to a customer. A good or service is considered to be transferred when the customer obtains control of the good or service. If significant financing components exist, they are recognised in the statement of comprehensive income separately from revenues from contracts with customers if, at the inception of the contract, it is expected that the period between transfer and payment for the goods or services will be more than one year. The ÖBB-Infrastruktur Group did not identify any contracts in which the period between the transfer of the promised good or service to the customer and the payment by the customer exceeds one year. Accordingly, the promised consideration is not adjusted for the time value of money. If costs that can be capitalised arise in conjunction with the initiation of a contract or in conjunction with the fulfilment of a contract with a customer, and the contract term is more than one year, they are capitalised. The ÖBB- Infrastruktur Group does not have any contracts for which the contract term exceeds one year and for which costs can be capitalised, which have not already been capitalised in accordance with IAS16, have been incurred to a significant extent when initiating or executing the contract. Accordingly, no contract initiation or fulfilment costs were capitalised. Description of the most important revenue items from contracts with customers Infrastructure usage charge (IBE) An infrastructure charge is levied on the railway undertakings (RUs) for the use of the rail infrastructure of the ÖBB-Infrastruktur Group. The contracts contain the orders placed by the individual RUs and are concluded by the ÖBB-Infrastruktur Group with the RUs. These orders are based on the Network Statement (SNNB), which contains a list of individual services for each working timetable period (e.g., for train paths, train movements and other services, transport stations, shunting). The charges per service and any surcharges or discounts are published in the Network Statement. They are applied on a non-discriminatory basis to all RUs (without granting discounts). The basic provisions for calculating and setting infrastructure usage charges and service charges are contained in Sections 67 to 69b Railways Act (Eisenbahngesetz). The basis for the charges tariff is the definition of the services to be rendered for the RU. A key service of the ÖBB-Infrastruktur subgroup is the so-called “Train path” product (minimum access package). The basic access package includes the main range of services without which orderly access to the railway infrastructure would not be possible. The track access charges are published annually in the SNNB of ÖBB - Infrastruktur AG in conformity with the law. RUs order their train paths for the working timetable periods based on the published Network Statement. The services are invoiced on a monthly basis and are based on the ACTUAL accounting. The ordered services are charged to the customer one month in arrears. The customer receives the benefit from the company performance and uses the service while it is being rendered. Any claims for reimbursement that are uncertain both in terms of reason and amount, depend on future events and may lead to an impending outflow of resources in the future are recognised in accordance with IAS 37. The amount of the possible recovery is estimated and a corresponding provision is created. The record of accounting for the month of December takes place in the year of delivery. No accruals or deferrals are therefore required.