ÖBB Annual Report 2023

Group Management Report 90 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 45 Earnings outlook Budget - and medium-term planning are based on the strategic Group goals. Specific initiatives and measures – supported by the Nordstern program – map the path to achieving the Group’s strategic goals in the medium-term planning cycle for the next six years. In doing so, ÖBB is guided by standards of customer centricity, competitiveness, operational excellence and innovative strength in its products and services. With these aspects in mind, Ö BB set itself the goal of remaining the clear number one in A ustria as amobility and logistics providerand of being one of the major players in Europe. Inaddition, a significant contribution is being made by the ÖBB in the implementation of the prescribed energy and climate objectives in Austria, as set out in 2018 in #mission2030. As in the previous year, the planning for the 2024 budget and the medium-term plan for 2025 to 2029 is characterised by the effects and consequences of the geopolitical crises and the resulting inflationary environment. A decade of moderate economic growth against a backdrop of low interest and inflation rates in the context of relative economic and geopolitical security has led to a lasting change in these framework conditions. Even in this economic environment, the ÖBB Group is standing by its long-term goals of expanding and improving its mobility and logistics services as well as its railway infrastructure in terms of efficiency, safety and punctuality. The volume of the associated current and future investment projects in conjunction with the higher interest assumptions compared to the previous year’s planning means a further increase in the degree of tension in the operating results. The budgeted EBT of the ÖBB Group for 2024 amounts to approx. EUR 142.7 million and is therefore at the level of the previous year’s medium-term planning for 2024. Development of EBT in EUR million 2022 2023 Budget 2024 Medium-Term Planning 2029 ÖBB-Personenverkehr subgroup 158.2 109.1 126.8 399.3 Rail Cargo Austria subgroup 7.3 13.0 3.3 121.3 ÖBB-Infrastruktur subgroup -15.7 7.7 6.4 11.0 ÖBB Group 193.2 111.6 142.7 542.0 D. Real estate management ÖBB is one of the largest property owners in Austria with approx. 23,000 properties. ÖBB-Immobilienmanagement Gesellschaft mbH is a wholly owned subsidiary of ÖBB-Infrastruktur AG. It acts as a comprehensive real estate service provider primarily within the ÖBB Group. The ÖBB-Immobilienmanagement Gesellschaft mbH develops and disposes of non-operating properties and manages a comprehensive portfolio over its entire life cycle. This includes approx. 3,595 buildings and 1,031 passenger stations and stops. The range of services includes commercial and technical property management. This also includes responsibility for all building construction facilities of the ÖBB Group, including railway stations. Their area of responsibility also includes the creation of quality standards and testing systems relevant to building construction. Approx. 800 employees throughout Austria ensure the professional and efficient handling of the comprehensive service portfolio. In the 2023 financial year, the ÖBB Infrastructure subgroup generated earnings contributions proceeds less carrying amounts and provisions) of approx. EUR 20.5 million (py: approx. EUR 72.7 million) from the sale of real estate. E. Personnel Report The ÖBB Group is one of the largest employers in Austria and that with a wide range of job profiles. As per 31.12.2023, there were 43,190 (py: 42,603) active employees (excluding apprentices) throughout the Group. This is a slight increase in the number of personnel compared to the previous year. The ÖBB Group is also one of the largest training institutions in Austria. At the end of the year 2023 there were 1,851 (py: 1,766) apprentices in training. In addition, 191 (py: 212) apprentices were trained via the General Private Foundation for Vocational Training in the reporting year. The average age of employees in Austria (excluding apprentices) was approx. 44.4 (py: approx. 44.9). The proportion of women (including apprentices) was approx. 16.1% (py: approx. 15.1%). | MR45