Transurban FY26 Corporate Report Financial statements
Section B: Notes to the Group financial statements for the year ended 30 June 2026
B16 Other intangible assets 2026
Concession intangible assets
Assets under construction 1
Other intangibles 3
Total
$M
$M
$M 205
$M
Cost
30,299 (12,453) 17,846
44 — 44
30,548 (12,562) 17,986
Accumulated amortisation Net carrying amount
(109)
96
2025
Concession intangible assets
Assets under construction 1,2
Other intangibles 3
Total
$M
$M
$M
$M
Cost
23,729 (10,683) 13,046
6,331
250
30,310 (11,589) 18,721
Accumulated amortisation Net carrying amount
(750)
(156)
5,581
94
Movements in other intangible assets
Concession intangible assets
Assets under construction 1,2
Other intangibles 3
Total
$M
$M
$M
$M
Net carrying amount at 1 July 2025
13,046
5,581
94 21 —
18,721
Additions Transfers
—
283
304
6,570
(6,570)
—
Amortisation charge
(964) (806)
(56)
(19)
(1,039)
Amortisation on transfers
806
— 96
—
Net carrying amount at 30 June 2026
17,846
44
17,986
Net carrying amount at 1 July 2024
13,845
5,176
85 21
19,106
Additions
—
530
551
Amortisation charge
(799)
(125)
(12)
(936)
Net carrying amount at 30 June 2025
13,046
5,581
94
18,721
1. Assets under construction are included within other intangible assets in the consolidated balance sheet. 2. Includes amortisation for the component of the West Gate Tunnel Project (WGTP) attributable to CityLink funding contributions, which began to be received from 1 July 2019. Upon the opening of the WGTP in December 2025, the asset under construction was transferred to concession intangible assets. 3. Includes customer bases and software intangible assets. Concession assets represent the Group's rights to operate roads under service concession arrangements. Service concession arrangements are accounted for in accordance with AASB Interpretation 12, which establishes a framework for classification of the assets based on an intangible asset model and a financial asset model (bifurcated arrangements can also exist). The Group classifies assets under construction based on whether the consideration provides rights to an intangible asset or a financial asset. As at 30 June 2026, the Group does not have any concession financial assets.
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