ÖBB Annual Report 2023

Group Management Report 74 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 29 Net assets and financial position of the Rail Cargo Austria subgroup Overview Dec 31, 2023 Dec 31, 2022 Change Change in % Total assets in EUR million 1,579.6 1,586.4 -6.8 0% PP&E-to-total-assets ratio in % 35% 35% 0% 0% PP&E-to-net-worth ratio in % 47% 46% 1% 2% Equity ratio in % 17% 16% 1% 6% Structure of the Consolidated Statement of Financial Position in EUR million Dec 31, 2021 Dec 31, 2022 Structure 2022 Dec 31, 2023 Structure 2023 Change from 2022 to 2023 Non-current assets 1,042.6 996.3 63% 1,054.8 67% 58.5 Current assets 593.2 590.1 37% 524.8 33% -65.3 Total assets 1,635.8 1,586.4 100% 1,579.6 100% -6.8 Shareholders’ equity 258.8 256.1 16% 262.6 17% 6.5 Non-current liabilities 830.1 740.8 47% 603.1 38% -137.7 Current liabilities 546.9 589.5 37% 713.9 45% 124.4 The subgroup’s total assets decreased by approx. EUR 6.8 million to approx. EUR 1,579.6 million (py: approx. EUR 1,586.4 million). The share of property, plant and equipment in total assets property, plant and equipment ratio) was 35% as at the statement of financial position reporting date, as in the previous year. The PP&E-to-net-worth ratio was 47% (py: 46%). Working capital amounted to approx. EUR 92.2 million (py: approx. EUR 75.8 million). After a decrease in equity of approx. EUR -6.5 million to approx. EUR 262.6 million (py: approx. EUR 256.1 million), the equity ratio was as per 31.12 17%, as in the previous year (py: 16%). The subgroup’s liabilities fell by a total of approx. EUR 19.3 million or 2% to approx. EUR 1,244.9 million (py: approx. EUR 1,264.2 million). Financial liabilities decreased to approx. EUR 957.4 million (py: approx. EUR 967.2 million). Net assets and financial position of the ÖBB-Infrastruktur subgroup Overview Dec 31, 2023 Dec 31, 2022 Change Change in % Total assets in EUR million 32,778.2 31,033.7 1,744.5 6% PP&E-to-total-assets ratio in % 92% 91% 1% 1% PP&E-to-net-worth ratio in % 4% 6% -2% -33% PP&E-to-net-worth ratio II in % 95% 92% 3% 3% Equity ratio in % 4% 6% -2% -33% Structure of the Consolidated Statement of Financial Position in EUR million Dec 31, 2021 Dec 31, 2022 Structure 2022 Dec 31, 2023 Structure 2023 Change from 2022 to 2023 Non-current assets 27,894.0 29,959.4 97% 31,983.5 98% 2,024.1 Current assets 1,007.8 1,074.3 3% 794.7 2% -279.6 Total assets 28,901.8 31,033.7 100% 32,778.2 100% 1,744.5 Shareholders’ equity 1,737.3 1,793.8 6% 1,362.7 4% -431.1 Non-current liabilities 22,362.3 24,105.3 78% 27,276.2 83% 3,170.9 Current liabilities 4,802.2 5,134.6 16% 4,139.3 13% -995.3 The total assets of the ÖBB-Infrastruktur subgroup increased by 6% to approx. EUR 32,778.2 million as at 31.12.2023 (py: approx. EUR 31,033.7 million). The ratio of property, plant and equipment to total assets is 92% (py: 91%). The property, plant and equipment coverage ratio as of the statement of financial position date is 4% (py: 6%). Taking into account the non-current liabilities, the property, plant and equipment coverage ratio II is 95% (py: 92%). Working capital was approx. EUR -868.0 million (py: approx. EUR -895.5 million). After a decline in equity of approx. EUR 431.1 million to approx. EUR 1,362.7 million (py: approx. EUR 1,793.8 million), the equity ratio as of 31.12. was 4% (py: 6%). The liabilities of the ÖBB-Infrastruktur subgroup increased by a total of 7% to approx. EUR 30,967.7 million in the reporting year py: (approx. EUR 28,816.7 million). After an increase in financial liabilities by 9% to approx. EUR 29,153.1 million (py: approx. EUR 26,703.3 million), 94% (py: 93%) of all liabilities fall into this category. | MR29