16 Property, plant and equipment
The composition of and changes in property, plant and equipment are shown under item (12) Consolidated statement of changes in fixed assets.
As in the previous year, no borrowing costs were capitalised for property, plant and equipment in the reporting period.
Leases
Lessee
The development of right-of-use assets from leases is shown under item (12) Consolidated statement of changes in fixed assets.
The cash outflows from leases in the 2025 financial year break down as follows:
T€ | 31.12.2025 | 31.12.2024 |
Interest expense on lease liabilities | 12,113 | 9,664 |
Repayment of lease liabilities | 76,524 | 67,864 |
Variable lease payments | 7,106 | 7,469 |
Payments for short-term equipment rentals | 200,970 | 194,298 |
Payments for other short-term leases | 6,066 | 6,498 |
Total lease payments | 302,779 | 285,793 |
To a minor extent, the STRABAG SE Group also rents office space to third parties and thus acts as a lessor. This particularly involves the TECH GATE VIENNA in Vienna. The annual rental income amounts to T€ 2,354 (2024: T€ 2,475) and is shown in other operating income.
The carrying amount of this building as at 31 December 2025 is T€ 58,411 (2024: T€ 60,019) and is recorded under property, plant and equipment (properties and buildings). Rental income in the next year and the following five years will remain roughly constant. All leases are classified as operating leases.
Restrictions on property, plant and equipment/purchase obligations
As at the balance sheet date there was T€ 111,268 (2024: T€ 110,005) in contractual commitments for acquisition of property, plant and equipment which were not considered in the consolidated financial statements.
Restrictions on property, plant and equipment amounting to T€ 14,954 (2024: T€ 0) existed in the reporting year.