Corporate Report for the year ended 30 June 2022
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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 cash flows for the year ended 30 June 2022 (continued) (b) Reconciliation of liabilities arising from financing activities THT
Debt principal related derivatives (included in assets / liabilities) 1
Total debt related financial instruments
Net related party receivables 2
Borrowings current
Borrowings non-current
$M 441
$M
$M
$M
$M
Balance at 1 July 2021
7,166
(205)
7,402
(5,835)
Proceeds from borrowings (net of costs)
68
405
1
474
— —
Repayment of borrowings Loans to related parties
(462)
(279)
(1)
(742)
— —
— —
— — —
— —
(5,232)
Repayment of loans from related parties
6,082
Total cash flows
(394)
126
(268)
850
Non-cash changes Transfer Capitalised interest
304
(304)
— — — — —
— —
—
— — — — —
—
(206)
Amortisation of borrowing costs Intercompany non-cash settlements
6
6
— 24
— —
— —
Provision for impairment of intercompany loans
(2) (6)
Foreign exchange movements Total non-cash changes Balance at 30 June 2022
322
(405) (405) (610)
(83) (77)
304 351
24
(190)
7,316
7,057
(5,175)
1. Total derivatives balance as at 30 June 2022 is an asset of $710 million. The difference in carrying value to the table above relates to interest rate swap contracts, forward exchange contracts, the interest portion of cross-currency interest rate swap contracts and credit valuation and debit valuation adjustments which are excluded from the balances above as they do not relate to financing activities. 2. Total net related party receivables balance as at 30 June 2022 is an asset of $5,112 million. The difference in carrying value to the table above relates to intercompany accruals balances which are excluded from the balances above as they do not relate to financing activities.
Debt principal related derivatives (included in assets / liabilities) 1
Total debt related financial instruments
Net related party receivables 2
Borrowings current
Borrowings non-current
$M 320
$M
$M
$M
$M
Balance at 1 July 2020
7,279 1,240
(518)
7,081 1,240
(5,487)
Proceeds from borrowings (net of costs)
—
— — — — — — — — — —
— —
Repayment of borrowings Loans to related parties
(300)
(627)
(927)
— —
— —
— —
(3,326)
Repayment of loans from related parties
3,230
Total cash flows
(300)
613
313
(96)
Non-cash changes Transfer Capitalised interest
421
(421)
— — 15 — —
—
— — — — —
— 15 — —
(175)
Amortisation of borrowing costs Intercompany non-cash settlements
—
(71) (18)
Provision for impairment of intercompany loans
Foreign exchange movements Total non-cash changes Balance at 30 June 2021
(320) (726)
313 313
(7)
12
421 441
8
(252)
7,166
(205)
7,402
(5,835)
1. Total derivatives balance as at 30 June 2021 is a liability of $166 million. The difference in carrying value to the table above relates to interest rate swap contracts, forward exchange contracts, the interest portion of cross-currency interest rate swap contracts and credit valuation and debit valuation adjustments which are excluded from the balances above as they do not relate to financing activities. 2. Total net related party receivables balance as at 30 June 2021 is an asset of $5,842 million. The difference in carrying value to the table above relates to intercompany accruals balances which are excluded from the balances above as they do not relate to financing activities.
The above consolidated statements of cash flows should be read in conjunction with the accompanying notes. 196
196
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