Financial statements
Table 1: Statement of comprehensive income for the year ended 30 June 2025
2024/25 $M
2023/24 $M
Note
Profit or loss Income Revenue from rendering of services Other income
2,223 10 2,233
2,101 3
4 4
Total income
2,104
Expenses Materials and services Employee related expenses Depreciation and amortisation expense Other expenses
(324) (255) (488) (238)
(348) (276) (510) (282) (1,416)
5 5 5
Total expenses
(1,305)
(305) 494 (113)
(326) 491 (153)
6
Net finance costs Profit before income tax equivalent expense Income tax equivalent expense Profit for the reporting year, net of tax equivalent Other comprehensive income Items that may be re-classified to profit or loss: Changes in the fair value of cash flow hedges Re-classifications of cash flow hedges to profit or loss Tax equivalent on cash flow hedges Items that will not be re-classified to profit or loss: Re-classifications of cash flow hedges not to profit or loss Tax equivalent on cash flow hedges Total other comprehensive loss for the reporting year, net of tax equivalent Total comprehensive income for the reporting year, net of tax equivalent
7
338
381
23
(14) 10 1 2 (1)
(54) 9 13
23
- -
(32)
(2)
306
379
The above statement of comprehensive income should be read in conjunction with the accompanying notes.
84
Western Power Annual Report 2025
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