Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Consolidated Management Report | Consolidated Financial Statements 179 Energy deliveries and grid usage charge The performance obligation of the ÖBB-Infrastruktur Group consists of the supply of traction current to power traction units, auxiliary operations, wagon equipment and customers’ fixed installations. The network usage charge is invoiced in accordance with the applicable SNNB (network usage conditions) divided into high and low tariffs. The charges are published annually by ÖBB-Infrastruktur AG in conformity with the law. ÖBB-Infrastruktur AG also offers customers the supply of traction current for the above-mentioned purposes. The energy price is defined in energy supply contracts, with separate prices for high and low tariff periods. The quantities are announced in advance by the customers. The supply of traction power and the service of network utilisation and conversion are continuous, i.e. the customers receive the benefit of the company service and use the service while it is being provided. The transfer of control takes place at the time of utilisation by the customers. The rendered services are invoiced monthly and retrospectively with a one-month delay. The record of accounting for the month of December takes place in the year of delivery. No accruals or deferrals are therefore required. Revenue from properties held for sale Properties held for sale comprise those properties that are no longer used for operational purposes and are being developed for subsequent sale. These are former station and railway facilities that were used for permanent operations. These include substantial projects such as the areas of the former Südbahnhof, the Vienna North freight terminal and the Nordwestbahnhof, which are being developed on a major scale. Proceeds are recognised when authority to dispose of the property transfers to the customer. The sales proceeds correspond to the contractually agreed transaction price. In most cases, the consideration is due when the legal title is transferred. In rare cases, deferred payment may be agreed, but generally not to exceed twelve months. Therefore, no significant financing component is taken into account in the transaction price. Other revenue Other revenue includes revenue from telecommunications services, repair services, cleaning and security services and services in conjunction with the operation of the container terminals, which are mainly recognised over time. Rental revenue Rental revenue is recognised for the letting and leasing of properties and cars and is allocated to IFRS16. These are fixed- price contracts for which revenue is recognised in the reporting period in which the services take place. Rents are recognised on an accrual basis in accordance with the provisions of the relevant agreement. Turnover rents are rents that are charged depending on the turnover generated by the tenant and are realised when it is possible to determine the amount of income with sufficient reliability. Income-related grants Expense grants awarded to the ÖBB-Infrastruktur Group are recognised as soon as the recognition criteria are met and are realised in profit or loss in line with the timing of the expenses. See Note32 for the special features of the grants on financing the infrastructure. The federal grant pursuant to Section 42 ( 1) and ( 2) Federal Railways Act for operations management, inspection, maintenance, fault clearance and repair as well as for expansion and reinvestment (annuity subsidy) is a government grant, as the Federal Government wishes to promote the expansion of the railway infrastructure through this subsidy, with the result that the ÖBB-Infrastruktur subgroup presents these grants under other operating income. Such grants are not netted against the subsidised expenses in the income statement. Interest and dividends Interest is recognised using the effective interest method in accordance with IFRS 9. Dividends are recognised when the shareholders' legal claim to payment arises. In accordance with IAS 23 “Borrowing Costs”, borrowing costs for significant qualifying assets are capitalised. See Not e14 for further details.