Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Consolidated Management Report | Consolidated Financial Statements 235 33. Segment reporting An operating segment is a component of an entity that engages in business activities from which it may earn revenues and incur expenses and whose operating results are regularly reviewed by the entity's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance. It is a group of assets and operations engaged in providing products or services that are subject to risks and returns that are different from those of other business segments and for which relevant financial information is available. Information about segment reporting Segment reporting in the ÖBB-Infrastruktur Group is performed in accordance with the management structure. The ÖBB-Infrastruktur Group has only one segment - rail infrastructure. Information at company level Key customers in accordance with IFRS 8.34 are ÖBB-Personenverkehr AG (total revenue of approximately EUR 254.7 million [previous year: approximately EUR 312.4 million]), ÖBB-Produktion GmbH (total income of approximately EUR 314.2 million [previous year: approximately EUR 346.3 million]) and Rail Cargo Austria AG (total income of approximately EUR 133.7, million [previous year: approximately EUR 132.5 million]). This revenue mainly results from the infrastructure utilisation fee and the sale of traction current. These companies are part of the ÖBB Group and are, therefore, affiliated companies. The following table provides a breakdown of consolidated revenue by geographical market based on the customer’s registered office, regardless of the origin of the goods and services. 2025 2024 Sales revenue in EUR million in EUR million Austria 1,182.7 1,104.1 Germany 47.5 94.6 Other markets 39.4 32.9 Total 1,269.6 1,231.6 2025 2024 Change in finished goods, work in progress and services not yet chargeable, other own work capitalised and other operating income in EUR million in EUR million Austria 3,145.6 2,987.3 Germany 0.2 0.2 Other markets 0.0*) 0.0*) Total 3,145.9 2,987.5 *) Smallest amount. The presentation of the carrying amounts of segment assets and additions to property, plant and equipment and intangible assets by geographical area has been omitted, as all assets, with the exception of those located in Liechtenstein and Switzerland amounting to approximately EUR 31.2 million (previous year: approximately EUR 26.9 million), are located in Austria. Additions to property, plant and equipment in Liechtenstein and Switzerland were approximately EUR 6.1 million (previous year: approximately EUR 4.3 million). See Not e4 for external sales, broken down by services. 34. Notes to the cash flow statement The cash flow statement shows how the cash and cash equivalents of the ÖBB-Infrastruktur Group have changed in the course of the reporting year as a result of cash inflows and outflows. Within the cash flow statement, a distinction is made between cash flows from business, investing and financing activities. The operative parts of the cash flow statement are presented using the indirect method. There were no exchange rate-related changes in cash and cash equivalents. In addition to cash and cash equivalents, the funds of liquid funds are made up of current receivables from and liabilities to ÖBB-FinanzierungsserviceGmbH. There are current receivables due from ÖBB-Finanzierungsservice GmbH (recognised in cash and cash equivalents) in the amount of approximately EUR 30.2 million (previous year: approximately EUR 35.1 million) and current liabilities (recognised in current financial liabilities) in the amount of approximately EUR 560.3 million (previous year: approximately EUR 72.3 million). The portion of the interest payment that is capitalised as part of the production costs of qualifying assets in accordance with IAS23 is recognised in the operating cash flow. The federal grants received in this context in the amount of approximately EUR 156.2 million (previous year: approximately EUR 136.0 million) are similarly recognised in the operating cash flow in changes in trade payables and other liabilities and deferred income. The main non-cash transactions mainly relate to changes in former CBL transactions and the reversal of deferred income due to finance lease transactions. The equity effect of approximately EUR 2.7 million resulting from the contribution of