Transurban Corporate Report FY25 Financial statements
Section D: Notes to the THT and TIL financial statements for the year ended 30 June 2025
D14 Equity accounted investments (continued) Summarised statement of comprehensive income—100%
THT NWRG Trust
THT STP JV TIL A25 TIL Total $M $M $M $M $M $M THT Total TIL TC
2025 Revenue
553
204
757
527 289
65 —
592 289
Construction revenue
30
—
30
Depreciation and amortisation
(426)
(34)
(460)
(163) (151) (289) (103)
(45) (30)
(208) (181) (289) (127)
Other expenses Construction costs Net finance costs Income tax expense
(9)
(2)
(11) (16)
(16)
—
—
(448)
(53)
(501)
(24)
—
(7)
(7)
—
—
— 76
(Loss)/profit for the year Other comprehensive loss
(316) (178) (494)
108
(208) (194) (402)
110
(34)
(16)
(4)
—
(4)
Total comprehensive (loss)/income
92
106
(34)
72
2024 Revenue
470
186
656
420 355
63 —
483 355
Construction revenue
21
—
21
Depreciation and amortisation
(426)
(34)
(460)
(153)
(44) (44) (27)
(197)
Impairment
—
— — —
—
—
(44)
Other expenses Construction costs Net finance costs
(20) (21)
(20) (21)
(157) (355)
(184) (355)
—
(416)
(53)
(469)
(80)
(2)
(82)
Income tax benefit/(expense) (Loss)/profit for the year Other comprehensive loss
1
(6)
(5)
— 30 — 30
—
—
(391) (131) (522)
93
(298) (138) (436)
(54)
(24)
(7)
—
—
Total comprehensive (loss)/income
86
(54)
(24)
The following table reconciles the above summarised financial information presented on a 100 per cent basis to the proportional amounts recognised by THT and TIL:
THT NWRG Trust
THT STP JV TIL A25 TIL Total $M $M $M $M $M $M THT Total TIL TC
2025 Ownership interest
50 % 50 %
50 % 50 %
Proportional total comprehensive (loss)/income
(247) (247)
46 46
(201) (201)
53 53
(17) (17)
36 36
Group's share of total comprehensive (loss)/income
2024 Ownership interest
50 % 50 %
50 % 50 %
Proportional total comprehensive (loss)/income, inclusive of impairment¹ Group's share of total comprehensive (loss)/income
(261) (261)
43 43
(218) (218)
15 15
(27) (27)
(12) (12)
1. In FY24, TIL recorded a pre-tax impairment of its A25 equity accounted investment of $22 million. Refer to Note B21 for further details.
200
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