(2) Property, plant and equipment

Property, plant and equipment primarily relates to the stadium, the training ground in Dortmund-Brackel, the BVB FanWelt service centre, the Rheinlanddamm administration building, and the plot of land on which the football academy is located. This item also includes the residence hall, the catering areas at the stadium, and operating and office equipment.

In financial year 2025/2026, capital expenditures amounted to EUR 20,383 thousand. The focus was on expanding the training ground in Dortmund-Brackel as well as investments in SIGNAL IDUNA PARK.

At SIGNAL IDUNA PARK, investment centred primarily on expanding the photovoltaic infrastructure.

The items of property, plant and equipment recognised in the statement of financial position as a result of a lease consist of buildings and other facilities at the Dortmund-Brackel training ground and the residence hall. In addition, the vehicle fleet, the Borussia Dortmund fan shops and the offices of the foreign subsidiaries were also included in the property, plant and equipment recognised under leases.

As at 30 June 2026, the following right-of-use assets related to the corresponding items in the statement of financial position:

Borussia Dortmund reported additions for right-of-use assets recognised under property, plant and equipment amounting to EUR 1,239 thousand (previous year: EUR 4,005 thousand). This was offset by disposals amounting to EUR 3 thousand (previous year: EUR 0 thousand) as well as EUR 2,517 thousand (previous year: EUR 2,456 thousand) in depreciation, of which EUR 1,069 thousand (previous year: EUR 903 thousand) related to buildings and EUR 1,448 thousand (previous year: EUR 1,553 thousand) related to operating and office equipment.

Current and non-current lease liabilities are presented minus payments already made.

The interest expense incurred for these items amounted to EUR 336 thousand (previous year: EUR 357 thousand) and is reported under finance costs in the consolidated statement of comprehensive income.

Essentially all of the risks and opportunities in connection with the leased assets have been transferred to Borussia Dortmund.

Changes in property, plant and equipment were as follows:

Bank loans were secured against registered land charges on land and buildings reported at a carrying amount of EUR 131,069 thousand. Please refer to Note 11 for information about the secured bank loans.