Transurban Corporate Report FY25 Financial statements
Section B: Notes to the Group financial statements for the year ended 30 June 2025
B31 Parent entity disclosures The financial information for the Parent entity, Transurban Holdings Limited, has been prepared on the same basis as the consolidated financial statements, except as set out below. Investments in subsidiaries, associates and joint ventures parent entity accounting policy Investments in subsidiaries, associates and joint ventures are accounted for at cost in the Parent entity financial statements of Transurban Holdings Limited. Dividends received from these investments are recognised in the Parent entity's profit and loss, rather than being deducted from the carrying amount of these investments. Tax consolidation legislation In addition to its own current and deferred tax amounts, Transurban Holdings Limited also recognises the current tax liabilities (or assets) and the deferred tax assets arising from unused tax losses and unused tax credits assumed from controlled entities in the tax consolidated group. Assets or liabilities arising under tax funding agreements with the tax consolidated entities are recognised as amounts receivable from or payable to other entities in the Group. Any difference between the amounts assumed and amounts receivable or payable under the tax funding agreement are recognised as a contribution to (or distribution from) wholly owned tax consolidated entities. Summary financial information The individual financial statements for the Parent entity report the following aggregate amounts: 2025 2024¹ $M $M
Balance sheet Current assets
1,411
1,205
Total assets
11,967 7,414 7,710 4,257
11,349 6,012 7,062 4,287
Current liabilities Total liabilities
Net assets
Shareholders' equity Contributed equity
4,037
4,002
Reserves
2
2
Retained earnings
218
283
Total equity
4,257
4,287
(Loss)/profit for the year
(65) (65)
57 57
Total comprehensive (loss)/income
1. Comparatives have been restated to reflect the impairment of investment in subsidiaries relating to prior years.
Guarantees entered into by the Parent entity There are cross guarantees given by 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 as described in Note B23.
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