Transurban Corporate Report FY25 Financial statements
Section D: Notes to the THT and TIL financial statements for the year ended 30 June 2025
D11
Financial risk management and derivatives (continued)
Market risk (continued) Interest rate risk (continued) Sensitivity
Sensitivity analysis on the impacts to profit after tax from movements in benchmark interest rates on floating rate instruments after hedging is presented in the table below. A sensitivity range of plus and minus 100 basis points has been selected as a reasonably possible shift in interest rates. This is not a forecast or prediction of future market conditions. Movement in post-tax profit THT TIL 2025 2024 2025 2024 $M $M $M $M Interest rates +100bps 2 (5) 3 2 Interest rates –100bps (2) 5 (3) (2) Hedge accounting relationships Financial instruments designated as hedging instruments of foreign currency and interest rate risk and the effects of the hedge accounting relationship are as follows: THT 2025 2024 Cross-currency interest rate swaps hedging borrowings denominated in foreign currencies $M $M
Cash flow hedge
Cash flow hedge
Hedge accounting relationship
CCIRS 3,630
CCIRS 3,630
Hedging instrument Notional amount AUD
1:1
1:1
Hedge ratio
September 2025 to May 2034
September 2025 to May 2034
Maturity dates
At 30 June Carrying amount of hedging instruments
684
512
During the year Change in fair value of hedging instrument used for calculating hedge effectiveness Change in fair value of hedged item used for calculating hedge effectiveness
180
74
(173) (173)
(68) (68) (12)
Effective portion of hedging instrument recognised in OCI Hedge ineffectiveness recognised in profit and loss
—
THT
2025
2024
$M
$M
Hedges of fair value interest rate risk
Hedges of cash flow interest rate risk
Hedges of fair value interest rate risk
Hedges of cash flow interest rate risk
Cross-currency interest rate swaps hedging borrowings in foreign currency - bifurcated accounting designation
Fair value hedge
Cash flow hedge
Fair value hedge
Cash flow hedge
Hedge accounting relationship
CCIRS
CCIRS
N/A
Hedging instrument Notional amount AUD
N/A
225
225
—
—
1:1
1:1
N/A
Hedge ratio
N/A
August 2033 August 2033
N/A
N/A
Maturity dates
At 30 June Carrying amount of hedging instruments
3
1
—
—
During the year Change in fair value of hedging instrument used for calculating hedge effectiveness Change in fair value of hedged item used for calculating hedge effectiveness
4
1
— —
— — — —
(4)
— — —
N/A
Effective portion of hedging instrument recognised in OCI Hedge ineffectiveness recognised in profit and loss
N/A
—
—
194
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