Financial statements | Contents
Section B: Notes to the Group financial statements for the year ended 30 June 2025
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Deed of cross and intra-group guarantees
Deed of cross guarantee Transurban Holdings Limited, Transurban Limited, Tollaust Pty. Limited, Roam Tolling Pty Ltd, Sydney Roads Limited, Sydney Roads Management Limited, M5 Holdings Pty Limited, Transurban Funding Pty Limited, Transurban STP AHT Pty Ltd, Transurban STP AT Pty Ltd, Transurban STP Project Hold Co Pty Ltd, Transurban STP Project Co Pty Ltd, Transurban Sun Holdings Pty Ltd, Transurban Operations Pty Ltd and Transurban Vic Hold Co Pty Limited are party to a deed of cross guarantee under which each company guarantees the debts of the others (the Deed). By entering into the Deed, the eligible wholly-owned entities have been relieved from the requirement to prepare a financial report and Directors’ report under Instrument 2016/785 issued by the Australian Securities and Investments Commission. The companies represent a 'closed group' for the purposes of the Instrument, and as there are no other parties to the Deed that are controlled by THL, they also represent the 'extended closed group’. Transurban Vic Hold Co Pty Limited became a party to the Deed by an Assumption Deed effective on 26 June 2025. Statewide Roads Limited, M4 Holdings No 1 Pty. Limited, and Devome Pty. Limited were removed from the Deed by a Revocation Deed effective on 17 February 2025. Set out below is the summary financial information of the closed group. 2025 2024¹ $M $M Summarised statement of comprehensive income Revenue 692 644 Operating costs (691) (625) Depreciation, amortisation and impairment (295) (253) Net finance costs (290) (234) Loss before income tax (584) (468) Income tax benefit 171 143 Loss for the year (413) (325) Total comprehensive loss for the year (413) (325)
1. Comparatives have been restated to reflect the impairment of investment in subsidiaries relating to prior years.
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