ÖBB Annual Report 2023

323 IASB International Accounting Standards Board IFAC International Federation of Accounts IFRS / IAS International Financial Reporting Standards IFRIC International Financial Reporting Interpretations Committee ICS Internal Control System ISAs International Standards on Auditing ISO International Organization for Standardization km kilometre mil. millions bn. billions NACE code Statistical classification of business activities in the European Community Net Debt = Interest-bearing borrowings – interest-bearing assets Net Gearing = Net debt / equity OeNB National Bank of Austria Payroll ratio = Personnel expenses / total income pkm Passenger kilometres (= passengers transported x kilometres travelled) Railjet Long distance ÖBB train RCC Rail Cargo Carrier RCG Rail Cargo Group RCO Rail Cargo Operator RID The Regulation concerning the International Carriage of Dangerous Goods by Rail ROCE = EBIT / Capital Employed approx. approximately PP&E-to-net-worth ratio = Equity / property, plant and equipment PP&E-to-net-worth ratio II = (Equity + non-current borrowings) / PP&E PP&E ratio = Property, plant and equipment / total assets SCHIG Rail Infrastructure Service company (Schieneninfrastruktur-Dienstleistungsgesellschaft) SIC Standards Interpretation Committee TEUR Thousand Euros t tonnes tkm tonne-kilometres (= tonnes transported x kilometres travelled) Traction Propulsion for trains USD United States Dollar EIA Environmental Impact Assessment py prior year WIFO Austrian Institute of Economic Research Working Capital = Inventories (excl. real estate recovery projects and prepayments on orders) + trade receivables – trade payables Train-km train kilometres