2025 Corporate Report

Transurban Corporate Report FY25 Financial statements

Section D: Notes to the THT and TIL financial statements for the year ended 30 June 2025

Group structure

D14 Equity accounted investments Set out below is the summarised financial information for those joint ventures and associates that are material to THT and TIL. The summarised financial information presented below is on a 100 per cent basis. Refer to Note B21 for the details of the STP JV, NWRG, TC, A25 and AM Partners equity accounted investments. Set out below is the reconciliation of the carrying amount of equity accounted investments.

THT NWRG Trust

THT Total

TIL TC $M

TIL A25 $M 375

THT STP JV

TIL Total

$M

$M

$M

$M

Carrying amount at 1 July 2024 Group’s share of (loss)/profit Group’s share of other comprehensive loss

4,426

— 54

4,426

3,268

3,643

(158)

(104)

55

(17)

38

(89)

(8)

(97)

(2)

(2)

Distributions received¹ Capital contributions

(216)

(46)

(262)

(251)

(19)

(270)

— —

— — —

— —

102

102

Foreign exchange movements Carrying amount at 30 June 2025

46

6

52

3,963

3,963

3,218

345

3,563

Carrying amount at 1 July 2023 Group’s share of (loss)/profit, inclusive of impairment² Group’s share of other comprehensive loss

4,982

4,982

3,190

438

3,628

(196)

46

(150)

15

(27)

(12)

(65)

(3)

(68)

Distributions received¹ Capital contributions

(295)

(43)

(338)

(30)

(21)

(51)

— —

— — —

— —

96

96

Foreign exchange movements Carrying amount at 30 June 2024

(3)

(15)

(18)

4,426

4,426

3,268

375

3,643

1. Total distributions of $72 million (2024: $116 million) paid by NWRG Trust during the year exceeds the pre-distribution carrying amount of NWRG Trust equity accounted investment balance as at 30 June 2025 by $26 million (2024: $73 million). As a result, $26 million (2024: $73 million) has been recorded as other revenue in the profit and loss. 2. In FY24, TIL recorded a pre-tax impairment of its A25 equity accounted investment of $22 million. Refer to Note B21 for further details.

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