2025 Corporate Report

Transurban Corporate Report FY25 Financial statements

Section B: Notes to the Group financial statements for the year ended 30 June 2025

B21 Equity accounted investments (continued) Set out below is the reconciliation of the carrying amount of equity accounted investments:

STP JV NWRG Total $M $M $M $M $M TC A25

Carrying amount at 1 July 2024 Group's share of (loss)/profit 1

6,143

34

3,268

375

9,820

(241)

122

55

(17)

(81)

Group’s share of other comprehensive loss

(89)

(16) (72)

(2)

(107) (629)

Distributions received Capital contributions

(287)

(251)

(19)

— —

— — 68

102

102

Foreign exchange movements Carrying amount at 30 June 2025

46

6

52

5,526

3,218

345

9,157

Carrying amount at 1 July 2023

6,933

116

3,190

438

10,677

Group's share of (loss)/profit, inclusive of impairment 1,2

(374)

37

15 —

(27)

(349)

Group’s share of other comprehensive loss

(65)

(3)

(68)

Distributions received Capital contributions

(351)

(116)

(30)

(21)

(518)

— —

— — 34

96

96

Foreign exchange movements Carrying amount at 30 June 2024

(3)

(15)

(18)

6,143

3,268

375

9,820

1. The Group’s share of STP JV losses includes losses from STP Project Trust of $83 million (2024: $178 million) and STP Asset Trust of $158 million (2024: $196 million). 2. In FY24, TIL recorded a pre-tax impairment of its A25 equity accounted investment of $22 million.

160

Made with FlippingBook Digital Publishing Software