Transurban Corporate Report FY25 Financial statements
Section D: Notes to the THT and TIL financial statements for the year ended 30 June 2025
D16
Deed of cross and intra-group guarantees
Deed of cross guarantee Transurban International Limited, Transurban International Holdings Pty Ltd, Transurban Maple Holdings Pty Ltd, Transurban Maple Investments Pty Ltd, Transurban Technology Investments Holdings Pty Ltd and Transurban Technology Investments Pty Ltd are party to a deed of cross guarantee under which each company guarantees the debts of the others (the Deed). By entering into the Deed, the eligible wholly-owned entities have been relieved from the requirement to prepare a financial report and Directors’ report under Instrument 2016/785 issued by the Australian Securities and Investments Commission. The companies represent a 'closed group' for the purposes of the Instrument, and as there are no other parties to the Deed that are controlled by TIL, they also represent the 'extended closed group’. Set out below is the summary financial information of the closed group. 2025 2024¹ $M $M Summarised statement of comprehensive income Revenue 1 2 Impairment — (19) Net finance (loss)/income (5) 12 Loss before income tax (4) (5) Income tax benefit/(expense) 2 (5) Loss for the year (2) (10) Total comprehensive loss for the year (2) (10) 1. Comparatives have been restated to reflect the impairment of investment in subsidiaries relating to prior years.
2025
2024¹ $M $M
Summarised movements in retained earnings Retained earnings at the beginning of the year
806
816
Loss for the year
(2)
(10)
Retained earnings at the end of the year
804
806
Summarised balance sheet Current assets Trade and other receivables
310 310
5 5
Total current assets
Non-current assets Investments in subsidiaries Other financial assets Deferred tax assets Total non-current assets
1,788
1,994
— 30
284
28
1,818
2,306
Total assets
2,128
2,311
Current liabilities Total current liabilities
—
—
Non-current liabilities Total non-current liabilities
—
—
Total liabilities
—
—
Net assets
2,128
2,311
Equity Contributed equity
1,079
1,057
Other reserves
245 804
448 806
Retained earnings
Total equity
2,128
2,311
1. Comparatives have been restated to reflect the impairment of investment in subsidiaries relating to prior years.
202
Made with FlippingBook Digital Publishing Software