Transurban Corporate Report FY25 Financial statements
Section B: Notes to the Group financial statements for the year ended 30 June 2025
B14
Financial risk management and derivatives (continued)
Liquidity risk (continued) Financing arrangements The Group had access to the following undrawn working capital and general purpose borrowing facilities at the end of the reporting period: 2025 2024 $M $M Floating rate Expiring within one year — 56 Expiring beyond one year 2,733 2,650 2,733 2,706 As at 30 June 2025, the Group has letter of credit facilities and general credit facilities in place with an undrawn capacity of $126 million (2024: $212 million). The facilities are committed for the duration of the facility and the undrawn portion cannot be withdrawn by the lenders. Contractual maturities of financial liabilities The table below shows the maturity profile of the Group’s financial liabilities and includes derivative financial liabilities as well as derivative financial assets as these are directly relevant for an understanding of the Group’s contractual cash flow commitments. The cash flows disclosed in the below table are the contractual undiscounted future cash flows including principal and interest payments and therefore will not reconcile to the amounts disclosed in the consolidated balance sheet.
Total contractual cash flows
2025
1 year or less
Over 1 to 2 years
Over 2 to 3 years
Over 3 to 4 years
Over 4 to 5 years
Over 5 years
Carrying amount
$M Trade payables
465
—
—
—
—
—
465
465
Borrowings¹
2,356
2,159
2,983
2,985
2,823
12,354
25,660
21,072
Interest rate swaps 2,3
(17)
7
—
(11)
(19)
(99)
(139)
(103)
Cross-currency interest rate swaps 1,2,3 Foreign exchange forwards
5
(107)
(189)
(59)
93
(188)
(445)
(1,339)
— —
— —
— —
— —
9
— —
9
9 4
Swap options
—
—
Power purchase agreements Concession and promissory notes
(8)
(5)
(2)
(3)
(5)
(1)
(24)
(21)
— 20
— 19
— 21
— 23
— 24
702
702 134 283
146 119
Lease liabilities Other liabilities
27
138
5
5
5
5
125
93
Total
2,959
2,078
2,818
2,940
2,930
12,920
26,645
20,445
Total contractual cash flows
2024
1 year or less
Over 1 to 2 years
Over 2 to 3 years
Over 3 to 4 years
Over 4 to 5 years
Over 5 years
Carrying amount
$M Trade payables
487
—
—
—
—
—
487
487
Borrowings¹
1,866
3,160
1,861
2,766
2,703
10,859
23,215
19,727
Interest rate swaps 2,3
(52)
(41) (16)
(31) (30)
(30) (80)
(28)
(73)
(255)
(209) (682)
Cross-currency interest rate swaps 1,2
50 —
48 11 —
193
165
Foreign exchange forwards
— —
— —
— —
— —
11
11
Swap options
(10)
(10) (25)
5
Power purchase agreements Concession and promissory notes
(6)
(6)
(4)
(3)
(3)
(3)
(23)
— 18
— 19
— 19
— 21
— 23
687
687 151 516
150 132 232
Lease liabilities Other liabilities
51
366
5
5
5
5
130
Total
2,719
3,121
1,820
2,679
2,759
11,844
24,942
19,830
1. Cash flows have been estimated using spot translation rates at the end of the reporting period. 2. The carrying amount of the interest rate and cross-currency interest rate swaps are presented on a net basis. The gross position is disclosed in the Derivatives table in this Note B14. 3. Cash flows have been estimated using forward interest rates at the end of the reporting period.
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