Transurban Corporate Report FY25 Financial statements
Section B: Notes to the Group financial statements for the year ended 30 June 2025
B16
Other intangible assets
2025
Other intangibles 3
Concession intangible assets
Assets under construction 1,2
Total
$M
$M
$M 250
$M
Cost
23,729 (10,683) 13,046
6,331
30,310 (11,589) 18,721
Accumulated amortisation Net carrying amount
(750)
(156)
5,581
94
2024
Other intangibles 3
Concession intangible assets
Assets under construction 1,2
Total
$M
$M
$M
$M
Cost
23,729 (9,884) 13,845
5,801
229
29,759 (10,653) 19,106
Accumulated amortisation Net carrying amount
(625)
(144)
5,176
85
Movement in other intangible assets
Other intangibles 3
Concession intangible assets
Assets under construction 1,2
Total
$M
$M
$M
$M
Net carrying amount at 1 July 2024
13,845
5,176
85 21
19,106
Additions
—
530
551
Amortisation charge
(799)
(125)
(12)
(936)
Net carrying amount at 30 June 2025
13,046
5,581
94
18,721
Net carrying amount at 1 July 2023
14,644
4,641
66 26
19,351
Additions
—
660
686
Amortisation charge
(799)
(125)
(7)
(931)
Net carrying amount at 30 June 2024
13,845
5,176
85
19,106
1. Assets under construction are included within other intangible assets in the consolidated balance sheet. 2. Includes amortisation for the component of the West Gate Tunnel Project attributable to CityLink funding contributions, for which funding sources began to be received and amortised
from 1 July 2019 (refer to Note B18 for further details). 3. Includes customer bases and software intangible assets.
Concession assets represent the Group's rights to operate roads under Service Concession Arrangements. Service Concession Arrangements are accounted for in accordance with AASB Interpretation 12, which establishes a framework for classification of the assets based on an intangible asset model and a financial asset model (bifurcated arrangements can also exist). The Group classifies assets under construction based on whether the consideration provides rights to an intangible asset or a financial asset. As at 30 June 2025, the Group does not have any concession financial assets.
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