• Annual report 2025
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    NS.nl

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31. Leases

The Group has lease contracts for rolling stock, real estate and other operating assets that are used in its operations. The Group’s obligations under the leases are safeguarded by the lessor's right to the ownership of the leased assets.

32. Off-balance sheet arrangements

A number of investigations are under way against NS and/or group companies, and various claims have been submitted that are being contested by NS. Where deemed necessary, provisions have been made for this.

33. Related parties

All issued shares are held by the State of the Netherlands.

34. Events after the balance sheet date

No matters have come to light after the balance sheet date that provide further information about the actual situation as at the balance sheet date, nor were there events that are significant for the opinion to be formed by users of this financial

4. Depreciation, amortisation and impairments

For information on impairments of non-current assets, see note 15.

5. Cost of raw materials and consumables

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