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 balance sheets as at 30 June 2022

Transurban International Limited

Transurban Holding Trust

Note

2022

2021

2022

2021

$M

$M

$M

$M

Assets Current assets Cash and cash equivalents Related party receivables 1 Trade and other receivables Derivative financial instruments

116 709

116 961

307

560

D18

46 76 — 10 —

72 51 — — —

14 22 —

10 — — —

D11

Current tax assets Concession notes Total current assets

D18

136 997

1,087

439

683

Non-current assets Equity accounted investments Derivative financial instruments

D15 D11 D18 D18

5,265

2,149

3,037

2,714

688

44

— — —

Related party receivables

8,513 1,006

9,064

440

Concession notes

855

Concession financial asset

339

330

Financial assets at amortised cost Property, plant and equipment

D18

665

627

2

2

— 67

32 33

28 —

Deferred tax assets Other intangible assets Total non-current assets

D5

111

D12

8,986

9,314

1,224 5,107

1,225 4,299

25,234

22,120

Total assets

26,231

23,207

5,546

4,982

Liabilities Current liabilities Related party payables 1 Trade and other payables

D18

315

490

21 27

19 22

74 —

64 —

Current tax liabilities

1

168

Borrowings

D10

351

441

614

4 4

Maintenance provision Distribution provision

2

D6

776

600

— 49 — 33

— — — 38

Derivative financial instruments Construction obligation liability

D11

— 51 —

2

60 —

Other liabilities

Total current liabilities

1,567

1,657

747

255

Non–current liabilities Maintenance provision Deferred tax liabilities Related party payables

33

27

D5

141

6

1,099

1,031

D18 D10 D11

3,795 7,316

3,693 7,166

451

421 594 113

Borrowings

— — —

Derivative financial instruments Construction obligation liability

— 33 80

208

66 77

Other liabilities

6

7

Total non–current liabilities

11,365

11,216

1,589

2,193

Total liabilities

12,932

12,873

2,336

2,448

Net assets

13,299

10,334

3,210

2,534

Equity Contributed equity

1,030

599

Issued units

19,354

16,527

— 22

Reserves

D8

498

(91)

(256)

(Accumulated losses)/retained earnings

(7,286)

(6,825)

2,158

2,191

Non-controlling interests

D16

733

723

Total equity

13,299

10,334

3,210

2,534

1. Receivables from and payables to joint ventures have been classified as related party receivables and payables, with comparative amounts restated for consistency.

The above consolidated balance sheets should be read in conjunction with the accompanying notes.

191 191

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