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 C: THT and TIL financial statements for the year ended 30 June 2022

Section C: THT and TIL financial statements for the year ended 30 June 2022

Transurban Holding Trust and Transurban International Limited Consolidated statements of comprehensive income for the year ended 30 June 2022

Transurban International Limited

Transurban Holding Trust

Note

2022

2021

2022

2021

$M

$M

$M

$M

Continuing operations Revenue Expenses Employee benefits expense

996

900

98

71

D4

— —

— —

(32) (30)

(36) (26)

Road operating costs Construction costs

(48) (10) (58)

(122)

Corporate and other expenses

(11)

(16) (78)

(17) (79)

Total expenses

(133)

Earnings/(loss) before depreciation and amortisation, net finance costs, equity accounted investments and income taxes

938

767

20

(8)

Amortisation Depreciation

(328)

(327)

(58)

(57)

(6)

(5)

Total depreciation and amortisation

(328)

(327)

(64)

(62)

Net finance income/(costs)

D9

251

(44) (96)

22

(25) (21)

Share of losses of equity accounted investments

D15

(118)

(60) (82)

Profit/(loss) before income tax

743

300

(116)

Income tax (expense)/benefit Profit/(loss) for the year

(5)

16

49

8

738

316

(33)

(108)

Discontinued operations Profit for the year from discontinued operations

3,454

Profit/(loss) for the year from continuing and discontinued operations

738

316

(33)

3,346

Profit/(loss) is attributable to: Ordinary security holders of TIL Ordinary unit holders of THT

(33)

3,346

737

347

— —

— —

Non-controlling interests Profit/(loss) for the year

D16

1

(31)

738

316

(33)

3,346

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

D8

(166)

442

61 —

— —

15 —

5

Share of other comprehensive income/(loss) from equity accounted investments, net of tax D15

224

77 —

29

(1)

Exchange differences on translation of North American operations, net of tax

249 278 245

119

Other comprehensive income/(loss) for the year, net of tax

671

138 454

(33)

Total comprehensive income for the year

1,409

3,313

Total comprehensive income/(loss) for the year is attributable to: Ordinary security holders of TIL

245

3,313

Ordinary unit holders of THT Non-controlling interests—other

1,326

490

— —

— —

83

(36)

Total comprehensive income for the year

1,409 Cents

454

245

3,313 Cents

Cents

Cents

Earnings from continuing operations per security attributable to ordinary security holders of the stapled group D7

24.6

12.7

(1.1)

(4.0)

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

24.6

12.7

(1.1)

122.2

D7

The above consolidated statements of comprehensive income should be read in conjunction with the accompanying notes. 190

190

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