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)
Liquidity risk Contractual maturities of financial liabilities The table below shows the maturity profile of THT’s and TIL’s financial liabilities and includes derivative financial liabilities as well as derivative financial assets as these are directly relevant for an understanding of the contractual cash flow commitments. The cash flows disclosed in the below table are the contractual undiscounted future cash flows including principal and interest payments and therefore will not reconcile to the amounts disclosed in the consolidated balance sheet. For further information refer to Note B14. THT
Total contractual cash flows
2025
1 year or less
Over 1 to 2 years
Over 2 to 3 years
Over 3 to 4 years
Over 4 to 5 years
Over 5 years
Carrying amount
$M Trade payables
78
—
—
—
—
—
78
78
Borrowings¹
1,242 1,033
930 100
1,611
857
1,185
4,424 1,707
10,249
8,512 4,260
Related party payables Interest rate swaps²
100
1,722
23
4,685
(22)
(7)
(13)
(19) (50)
(22)
(71)
(154) (595)
(124) (688)
Cross-currency interest rate swaps¹
(116)
(110)
(153)
17 —
(183)
Concession liabilities
—
—
—
—
297
297
97
Total
2,215
913
1,545
2,510
1,203
6,174
14,560
12,135
2024 $M Trade payables
76
—
—
—
—
—
76
76
Borrowings¹
584 594
1,211 1,755
755 128
1,616
817
4,673
9,656 5,343
7,874 4,765
Related party payables Interest rate swaps²
128
1,913
825
(51)
(41) (72)
(31) (70)
(30)
(28) (50)
(73)
(254) (444)
(207) (512)
Cross-currency interest rate swaps¹
31 —
(144)
(139)
Concession liabilities
—
—
—
—
282
282
92
Total
1,234
2,853
782
1,570
2,652
5,568
14,659
12,088
1. Cash flows have been estimated using spot translation rates at the end of the reporting period. 2. Cash flows have been estimated using forward interest rates at the end of the reporting period.
TIL
Total contractual cash flows
2025
1 year or less
Over 1 to 2 years
Over 2 to 3 years
Over 3 to 4 years
Over 4 to 5 years
Over 5 years
Carrying amount
$M Trade payables
8
—
—
—
—
—
8
8
Related party payables
40
6 1 7
6 1 7
6 1 7
6 1 7
155
219
136
Lease liabilities
1
7
12
10
Total
49
162
239
154
2024 $M Trade payables
13 48
—
—
—
—
—
13
13
Related party payables
7 1 8
7 1 8
7 1 8
7 1 8
199
275
148
Lease liabilities
1
8
13
11
Total
62
207
301
172
Fair value measurements Financial instruments are measured either at fair value or their carrying amount approximates fair value, except for borrowings, related party receivables and payables, and financial assets (including concession notes and shareholder loan notes) which are subsequently measured at amortised cost. Refer to Note B14 for details on fair value measurements.
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