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 (continued) TIL
Net related party payables 1
Borrowings current
Borrowings non-current
Total borrowings
$M
$M 594
$M 598
$M 418
Balance at 1 July 2021 Repayment of borrowings Loans to related parties
4
(4)
(10)
(14)
—
— —
— —
— —
(416)
Repayment of loans to related parties
(8)
Total cash flows
(4)
(10)
(14)
(424)
Non-cash changes Transfer Capitalised interest
594
(594)
— — —
— 17
— — — 20
— —
Intercompany non-cash settlements Amortisation of borrowing costs Foreign exchange movements Total non-cash changes
(12)
1 9
1
— 11 16 10
29 30
614 614
(584)
Balance at 30 June 2022
—
614
1. Total net related party receivables balance as at 30 June 2022 is an asset of $14 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.
Net related party payables 2
Borrowings current
Borrowings non-current
Total borrowings
$M
$M
$M
$M
Balance at 1 July 2020 Repayment of borrowings Loans from related parties Loans to related parties
4
3,459
3,463
2,549
(4)
(6)
(10)
— 43
— — —
— — —
— — —
(3)
Repayment of loans to related parties
(2,161) (2,121)
Total cash flows
(4)
(6)
(10)
Non-cash changes Disposals through loss of control of subsidiary 1
—
(2,600)
(2,600)
10 — 84
Transfer
4
(4)
— 21 —
Capitalised interest
— — — — —
21 —
Intercompany non-cash settlements Amortisation of borrowing costs Non substantial modification gain Foreign exchange movements
(8)
7
7
— —
(9)
(9)
(274)
(274)
(96) (10)
Total non-cash changes Balance at 30 June 2021
4 4
(2,859)
(2,855)
594
598
418
1. Relates to the deconsolidation of the Group’s ownership interest in TC upon divestment of a 50% ownership interest (refer to Note B24). 2. Total net related party payables balance as at 30 June 2021 is a liability of $368 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.
197 197
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