Financial statements | Contents
Section D: Notes to the THT and TIL financial statements for the year ended 30 June 2025
Operating performance
D3 Segment information Refer to Note B4 for further information around the structure of the segments for the Transurban Group. THT operating segments Management have determined that THT has one operating segment.
THT operations involve the leasing of assets and the provision of funding to the Transurban Group or related parties of the Transurban Group. All revenues and expenses are directly attributable to these activities. The management structure and internal reporting of THT are based on this one operating segment. TIL operating segments Management have determined that TIL has one operating segment. TIL’s operations involve investments in toll roads in Montreal and the Greater Washington Area in North America. All revenues and expenses are directly attributable to these activities. The management structure and internal reporting of TIL are based on this one operating segment. Reconciliation of segment information to statutory financial information Segment information for North America as disclosed in the Transurban Group segment note (Note B4) is reconciled to the TIL statutory financial information below. Segment revenue Revenue from external customers comprises toll and fee revenues earned on toll roads. Segment revenue reconciles to total statutory revenue as follows:
2025
2024 $M $M
TIL
Note
Total segment revenue (proportional)
311
259
Add: Intragroup elimination 1
40
44
Less: Proportional revenue of non-100% owned equity accounted assets
(308)
(258)
Total statutory revenue
43
45
D4
1. Statutory revenue recognised in relation to arrangements with the equity accounted investments that are eliminated for segment purposes.
185
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