Transurban FY26 Corporate Report Financial statements
Section B: Notes to the Group financial statements for the year ended 30 June 2026
B14 Financial risk management and derivative financial instruments (continued) Liquidity risk (continued) Financing arrangements The Group had access to the following undrawn working capital and general purpose borrowing facilities at the end of the reporting period: 2026 2025 $M $M Floating rate Expiring within one year 825 — Expiring beyond one year 2,546 2,733 3,371 2,733 As at 30 June 2026, the Group has letter of credit facilities and general credit facilities in place with an undrawn capacity of $162 million (2025: $126 million). The facilities are committed for the duration of the facility and the undrawn portion cannot be withdrawn by the lenders. Contractual maturities of financial liabilities The table below shows the maturity profile of the Group’s financial liabilities and includes derivative financial liabilities as well as derivative financial assets as these are directly relevant for understanding the Group’s contractual cash flow commitments. The cash flows disclosed in the below table are the contractual undiscounted future cash flows including principal and interest payments and therefore will not reconcile to the amounts disclosed in the consolidated balance sheet.
Total contractual cash flows
2026
1 year or less
Over 1 to 2 years
Over 2 to 3 years
Over 3 to 4 years
Over 4 to 5 years
Over 5 years
Carrying amount
$M Trade and other payables
434
—
—
—
—
—
434
434
Borrowings¹
2,059
2,686
2,954
2,618
2,744
12,888
25,949
20,640
Interest rate swaps 2,3
(55)
(50)
(39)
(39)
(27)
(106)
(316)
(265) (306)
Cross-currency interest rate swaps 1,2,3 Forward exchange contracts Power purchase agreements Concession and promissory notes
59 —
50 —
111
247
25 31
656
1,148
—
—
— —
31
31
(5)
(4)
(4)
(4)
(2)
(19)
(16)
— 19 30
— 21
— 23
— 24
— 15
717
717 117 174
165 104
Lease liabilities Other liabilities
15
5
5
6
6
122
56
Total
2,541
2,708
3,050
2,852
2,792
14,292
28,235
20,843
Total contractual cash flows
2025
1 year or less
Over 1 to 2 years
Over 2 to 3 years
Over 3 to 4 years
Over 4 to 5 years
Over 5 years
Carrying amount
$M Trade and other payables⁴
429
—
—
—
—
—
429
429
Borrowings¹
2,356
2,159
2,983
2,985
2,823
12,354
25,660
21,072
Interest rate swaps 2,3
(17)
7
—
(11) (59)
(19)
(99)
(139) (445)
(103)
Cross-currency interest rate swaps 1,2,3
5
(107)
(189)
93
(188)
(1,339)
Forward exchange contracts
— —
— —
— —
— —
9
— —
9
9 4
Swap options
—
—
Power purchase agreements Concession and promissory notes
(8)
(5)
(2)
(3)
(5)
(1)
(24)
(21)
— 20
— 19
— 21
— 23
— 24
702
702 134 283
146 119
Lease liabilities Other liabilities
27
138
5
5
5
5
125
93
Total
2,923
2,078
2,818
2,940
2,930
12,920
26,609
20,409
1. Cash flows have been estimated using spot exchange rates at the end of the reporting period. 2. The carrying amount of the interest rate swaps and cross-currency interest rate swaps are presented on a net basis. The gross position is disclosed in the Derivatives table in this Note B14. 3. Cash flows have been estimated using forward interest rates at the end of the reporting period. 4. Comparative amounts have been restated to align with the carrying amount of the liability as at 30 June 2025.
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