ÖBB Annual Report 2023

Group Management Report 152 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 107 Abbreviations: Y Yes. N No EL Taxonomy eligible N / EL not eligible E Enabling activity T Transitional activity OpEx Share/ OpEx total Taxonomy- compliant per target Taxonomy- eligible per target Climate change mitigation CCM 57.1% 24.6% 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% Operating expenditure is determined on the basis of the respective expense items in accordance with the IFRS Consolidated Income Statement. The non-capitalised operating expenses from the categories research and development, building renovation, short-term leasing expenses, maintenance and repairs as well as all other directly attributable expenses in connection with the daily maintenance of property, plant and equipment and intangible assets (= common denominator) are relevant for determining the OpEx ratio. The metric figure calculation is analogous to that of the CapEx ratio for non-capitalised expenses (= metric figure) for the reporting period from 01.01. to 31.12. In the 2023 financial year, approx. 81.7% (py: approx. 79.5%) of the reported operating expenses were attributable to taxonomy-eligible economic activities. The taxonomy-compliant operating expenses account for approx. 57.1% (py: approx. 49.9%) of the total of the above-mentioned operating expenses in the Group totalling approx. EUR 1,311.7 million (py: approx. EUR 951.7 million). This also includes directly attributable personnel expenses (primarily personnel expenses for maintenance) from the areas mentioned above totalling approx. 19.6% (py: approx. 16.7%) as well as expenses for maintenance and repairs totalling approx. 29.7% (py: approx. 23.7%) and other expenses totalling approx. 7.8% (py: approx. 9.5%). Avoidance of double counting The identified taxonomy-eligible economic activities in the ÖBB Group, with the exception of economic activity 5.3. “Preparation for the reuse of end-of-life products and product components” from the fourth environmental objective (circular economy, CE) makes a 100% substantial contribution to the environmental objective (climate change mitigation, CCM). A potential substantial contribution of revenue, CapEx and/or OpEx from these CCM activities to other environmental objectives in which these economic activities also occur was not separately identified and evaluated. This allocation of the activities of the individual companies in the Group to a specific economic activity from the EU Taxonomy Regulation has avoided double counting. Individual test steps were used to ensure that the economic activities in the areas of turnover, CapEx and OpEx is distinguishable from one another and that double counting is also avoided. Materiality The basic population was considered and analysed when deriving the values for determining the taxonomy-relevant key figures. The operating expenses for the economic activities of the ÖBB Group are not considered “ immaterial” for the business model, so this simplification provision was not applied, with the exception of economic activities 5.3 and 6.5. Operating expenses in connection with the economic activity 5.3. “Preparing for reuse of end-of-life products and product components” (circular economy, CE) is not considered significant, as the associated taxonomy-eligible revenue corresponds to approx. 0.003% of total taxonomy-eligible revenue. Operating expenses in connection with the economic activity 6.5. “Transport by motorbikes, passenger cars and light commercial vehicles” (climate change mitigation, CCM) is also not considered significant, as the associated revenue corresponds to approx. 0.004% of taxonomy-eligible totalrevenue. The impact of the key figures from this activity will be reviewed again in subsequent years on the basis of the ratio to total sales and reported if necessary. | MR107