WP Annual Report SEP25

Financial statements (continued)

Table 2: Statement of financial position as at 30 June 2025

2024/25 $M

2023/24 $M

Note

Assets Current assets

222 273 185 - 48 728

304 279 247

8 9 10 20

Cash and cash equivalents Trade and other receivables Inventories Derivative financial instruments Current tax equivalent assets

- -

Total current assets

830

Non-current assets Trade and other receivables Derivative financial instruments Property, plant and equipment Intangible assets Right-of-use assets

1 29 13,047

1 5 13,949 138 39 14,132

9 20 11 11 12

141 25

Total non-current assets

13,243

Total assets

14,962

13,971

Liabilities Current liabilities Trade and other payables Borrowings Lease liabilities Derivative financial instruments Current tax equivalent liabilities Provisions Deferred income

164 107 9 - - 100 239 619

213 120 16 8 31 113 251 752

13 18 19 20

14 15

Total current liabilities Non-current liabilities Borrowings Lease liabilities

7,565 17 - 1,312

7,910 24 20 1,372

18 19 20 16 14 15

Derivative financial instruments Deferred tax equivalent liabilities Provisions Deferred income Total non-current liabilities

22 73

25 86

9,437

8,989

Total liabilities

10,182

9,608

Net assets

4,773

4,363

Equity Contributed equity Hedging reserve Retained earnings

2,062 (7) 2,308 4,363

2,237 (39) 2,575 4,773

22 23 23

Total equity

The above statement of financial position should be read in conjunction with the accompanying notes.

Western Power Annual Report 2025

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