ÖBB Annual Report 2023

Group Management Report 150 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 105 Abbreviations: Y Yes. N No EL Taxonomy eligible N / EL Not eligible E Enabling activity T Transitional activity CapEx share/ CapEx total Taxonomy- compliant per target Taxonomy- eligible per target Climate change mitigation CCM 82.2% 10.6% Climate change adaptation CCA 0.0% 0.0% Sustainable use and protection of water and marine resources WTR 0.0% 0.0% Transition to a circular economy CE 0.0% 0.0% Pollution prevention and control PPC 0.0% 0.0% Protection and restoration of biodiversity and ecosystems BIO 0.0% 0.0% The CapEx share is calculated as follows: capitalised investments for assets related to economic activities from the EU Taxonomy Regulation (= metric figure), divided by the total additions to fixed assets in accordance with the statement of changes in fixed assets (= common denominator), in each case for the reporting period from 01.01 to 31.12. In the 2023 financial year, approx. 92.8% (py: approx. 93.5%) of the reported investment expenses were attributable to taxonomy-eligible business activities. The taxonomy-compliant investments account for approx. 82.2% (py: approx. 77.4%) of the additions recognised in the consolidated statement of changes in non-current assets amounting to EUR 4,558.6 million (py: EUR 3,956.8 million) (see notes 14, 15 and 16 in the notes to the consolidated financial statements) and are broken down as follows: Investments in property, plant and equipment of approx. 78.9% (py: approx. 75.0%), investments in intangible assets of approx. 0.8% (py: approx. 0.4%) and capitalised right-of-use assets of approx. 2.5% (py: approx. 2.0%). The additions reported in the metric figure are related to taxonomy-relevant economic activities, of which approx. 16.7% (py: approx. 21.7%) of taxonomy-compliant additions were made as part of a CapEx plan (“Pot B investments”). Approx. 2.8% (py: approx. 3.1%) of total additions are not related to sales-related economic activities (“pot C investments”). CapEx-Plan Economic activity 6.14. “Infrastructure for rail transport” (climate change mitigation, CCM) was reviewed in the course of determining the KPI CapEx by means of a detailed analysis: Does the framework plan of ÖBB-Infrastruktur AG fulfil the requirements for a CapEx plan in accordance with Delegated Regulation (EU) 2021/2178, Annex I, Item 1.1.2.2. A volume of approx. EUR 19 billion in terms of actual and future electrified routes from 2023 to 2028. The criteria was affirmed on the basis of a detailed analysis. The framework plan is adopted annually by the Republic of Austria in the Council of Ministers and approved by the Supervisory Board of ÖBB-Infrastruktur AG. The framework plan puts key aspects of the government’s railway infrastructure programme on track and makes an important contribution to achieving climate neutrality. The main basis for the preparation of the ÖBB framework plans is formed by the target network of ÖBB-Infrastruktur AG, which anchors the main transport policy objectives. The complete decarbonisation of rail transport by 2040 is an important focus. This aims to achieve an economically optimal mix of electrification of routes and the use of vehicles with alternative drive technologies on the basis of the electrification strategy. The current and future electrification of routes in accordance with the framework plan forms the basis for access pursuant to Art. 8 of the EU Taxonomy Regulation for economic activity 6.14. “Rail transport infrastructure” (climate change mitigation, CCM). The expansion of the electrification of Infrastructure for rail transport makes a substantial contribution to the environmental goal of climate change mitigation. There are no relevant research, development or innovation activities. The electrification of additional railway sections is to take place by 2035. The comprehensive capital expenditure in the financial year, which was incurred during the reporting period, totalled approx. EUR 2,827.9 million (py: approx. EUR 2,571.2 million). Non-capitalised direct operating expenses in accordance with the EU Taxonomy Regulation associated with taxonomy-compliant economic activities (KPI OpEx) Operating expenses as defined by the EU Taxonomy Regulation are, in addition to non-capitalised expenses for research and development, expenses for short-term leases, all maintenance and repair expenses as well as other directly attributable costs relevant to the ongoing maintenance and preservation of the functionality of intangible and tangible assets. | MR105