2022 Corporate Report

Corporate Report for the year ended 30 June 2022

Introduction and overview

Business performance

Governance and risk

Directors’ report

Remuneration report

Financial statements

Sustainability supplement

Security holder information

Section A: Group financial statements for the year ended 30 June 2022

Section A: Group financial statements for the year ended 30 June 2022

Section A: Group financial statements Transurban Holdings Limited Consolidated statement of comprehensive income for the year ended 30 June 2022

2022

2021

Note

$M

$M

Continuing operations Revenue Expenses Employee benefits expense

3,406

2,886

B5

(315) (343) (911)

(280) (328) (480)

Road operating costs Construction costs

Transaction and integration costs Corporate and other expenses

(13)

(5)

(143)

(102)

Total expenses

(1,725)

(1,195)

Earnings before depreciation, amortisation, net finance costs, equity accounted investments and income taxes

1,681

1,691

Amortisation Depreciation

(996) (111)

(1,017)

(123)

Total depreciation and amortisation

(1,107)

(1,140)

Net finance costs

B13 B25

(466) (368) (260)

(870) (161) (480)

Share of loss of equity accounted investments

Loss before income tax

Income tax benefit

B7

276

193

Profit/(loss) for the year from continuing operations

16

(287)

Discontinued operations Profit for the year from discontinued operations

3,559

B24

Profit for the year from continuing and discontinued operations

16

3,272

Profit/(loss) attributable to: Ordinary security holders of the stapled group — Attributable to Transurban Holdings Limited (THL)

(641)

(356)

— Attributable to THT/TIL

660

3,659 3,303

Profit attributable to ordinary security holders of the stapled group

19

B9

Non-controlling interests—other

B26

(3)

(31)

Profit for the year

16

3,272

Other comprehensive income Gains reclassified on disposal of subsidiary, net of tax Items that may be reclassified to profit and loss in the future Changes in the fair value of cash flow hedges, net of tax Changes in the fair value of cost of hedging, net of tax

(198)

698

149

9

4

Share of other comprehensive income of equity accounted investments, net of tax Exchange differences on translation of North American operations, net of tax

B25

245 188

74 97

Other comprehensive income for the year, net of tax

1,140 1,156

126

Total comprehensive income for the year

3,398

Total comprehensive income/(loss) for the year is attributable to: Ordinary security holders of the stapled group — Attributable to THL

(442)

(327)

— Attributable to THT/TIL

1,519

3,761

Non-controlling interests—other

79

(36)

Total comprehensive income for the year

1,156 Cents

3,398 Cents

Earnings from continuing operations per security attributable to ordinary security holders of the stapled group

0.6 0.6

(9.4)

B9 B9

Earnings per security attributable to ordinary security holders of the stapled group

120.6

The above consolidated statement of comprehensive income should be read in conjunction with the accompanying notes. 122

122

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