Security holder information | Contents
10-year history
Operational metrics
FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
Number of operational assets
# 15
15
16
17
18
21
21
22
22
22
Number of markets Average daily traffic 1 Group
#
4
4
5
5
5
5
5
5
5
5
thousand 1,911
1,946
2,035
2,217
2,026
2,018
2,008
2,408
2,449 1,008
2,503 1,036
Sydney
thousand thousand thousand thousand
622 820 383
644 813 394
663 824 403 144
814 851 405 147
761 750 383 132
931 566 407 115
802 648 418 140
995 806 457 149
Melbourne
819 464 157
829 471 168
Brisbane
North America
85
96
Statutory financials Statutory revenue 2
4,166 3,169 2 2,886 2
$ millions 2,210
2,732
3,298
3,406
4,157
4,119
3,770
Statutory NPAT
$ millions
22 209 468 170 (153) 3,272
16
92 376 178
Statutory cash flows from operating activities
$ millions
910 837 1,053
1,197
1,131
893
982
1,459
1,631
1,515
Proportional financials Proportional toll revenue 3,4 Group
$ millions 1,946
2,153
2,340
2,581 1,042
2,492 1,072
2,486 1,278
2,626 1,264
3,314 1,668
3,535 1,767
3,732 1,846
Sydney
$ millions $ millions $ millions $ millions
799 660 313 174
872 687 385 209
944 780 393 223
Melbourne
813 402 324
747 394 279
616 425 167
722 451 189
894 520 232
948 568 252
987 597 302
Brisbane
North America
Proportional Operating EBITDA (excl. non-recurring items) 4,5 Group $ millions 1,480
1,629
1,796
2,016
1,888
1,836 1,033
1,955 1,006
2,482 1,345
2,651 1,390
2,848 1,448
Sydney
$ millions $ millions $ millions $ millions $ millions $ millions
637
702
763
856
879
Melbourne
564 594 688 716 634 502 595 749 783 845 218 268 279 293 286 314 334 381 420 453
Brisbane
North America
86 116 130 210 154
72 133 159 188 221
Corporate and other
(25)
(51)
(64)
(59)
(65)
(85)
(133)
(152)
(130)
(119) 2,659
Free Cash (including Capital Releases) 4,6 Free Cash (excluding Capital Releases and cash reserves) 4,6
926 1,220
1,215
1,527
1,476
1,278
1,491
1,795
2,504
$ millions
926 1,046
1,215
1,285
1,156
939
1,136
1,725
1,867
2,008
Proportional drawn debt 4
$ millions 12,484 13,639 14,971 19,394 22,118 20,763 23,574 24,007 25,868 26,821
Gross debt raised 7
$ millions 4,707 $ millions 1,025
4,518
5,865 15,112
7,968 10,016
6,715 4,220
7,747
5,034
3,491
Equity raised
–
1,900
4,820
812
–
–
–
–
Ratios and rates Group EBITDA margin 4,5
% 73.8 73.9 74.9 75.7 73.3 71.7 72.5 73.4 73.7 75.1 % 8.0 8.5 8.9 8.7 7.0 9.4 9.1 12.3 11.5 10.5 x 4.3 3.9 4.9 4.1 3.8 2.8 3.3 4.2 4.2 3.7 % 33.3 35.3 35.2 32.0 35.8 34.3 34.2 35.0 39.9 37.8
FFO/Debt 4
Corporate SICR 4
Gearing 4
Weighted average cost of debt 4 AUD
% 5.2 4.9 4.9 4.6 4.4 4.1 3.9 4.1 4.5 4.5 % 4.3 4.3 4.4 4.4 4.4 4.5 3.6 3.6 3.6 3.7
USD CAD
%
–
–
5.8 4.9 5.0 5.0 5.0 4.9 4.9 4.9
Weighted average debt maturity 4,8 Weighted average concession length
years
8.7 9.0 8.6 8.3 8.4 7.7 7.1 6.9 6.7 6.6
years 29.9 29.7 28.3 30.8 28.8 26.2 29.1 28.7 28.3 27.9
Corporate information Market capitalisation 9 Total Shareholder Return 4
$ billions 24.41 24.32 26.63 39.43 38.65 38.96 44.16 43.9 38.34 43.46
18.2
% 35
4
6
31
(1)
3 4.9 3.4 (8.8)
Gross distributions
$ millions
901 1,055
1,174
1,577
1,284
999
1,259
1,785
1,916
2,019
Distributions per security 4
cps 45.5 51.5
56
59
47 36.5
41
58
62
65
Securities on issue 10
millions 2,036
2,052
2,225
2,675
2,735
2,738
3,071
3,081
3,092
3,108
1 CityLink traffic reported as average daily transactions (‘000) 2 Statutory results for FY20 and FY21 have been reclassified to present Transurban Chesapeake as discontinued operations in the current period 3 Definition of toll revenue adjusted in FY16 to include fee revenue. Prior to this, the definition of toll revenue was disclosed as toll revenue only, and fee and other revenue 4 Non-IFRS measure 5 In FY25 the Group changed its definition of Proportional EBITDA and Proportional Operating EBITDA. FY22, FY23 and FY24 Proportional EBITDA, Proportional Operating EBITDA and EBITDA margin have been restated to align to the new definition 6 Free Cash movement has been determined using the FY24 restated Free Cash as the starting point. Refer to FY24 Investor presentation, slide 29. Free Cash calculation is based on Proportional EBITDA, excluding non-recurring items 7 Calculated at 100% of debt facility size exclusive of letters of credit. USD and CAD debt are converted at the relevant closing spot exchange rate where no cross currency swaps are in place 8 FY18 to FY25 has been calculated using proportional drawn debt. FY12 to FY17 was calculated on the full value of available debt facilities. Prior to FY19, the previously reported tenor
did not reflect the amortisation profile that occurs in the latter years of the USA asset debt facilities 9 Market capitalisation calculated using the closing share price on 30 June and total shares on issue 10 Securities on issue based on number of securities as at 30 June
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