WP Annual Report SEP25

Financial statements (continued)

Table 3: Statement of changes in equity for the year ended 30 June 2025

Contributed equity $M

Hedging reserve $M

Retained earnings $M

Total equity $M 4,363

Note

2,308

(7)

2,062

At 1 July 2024 Comprehensive income Profit, net of tax equivalent Other comprehensive loss, net of tax equivalent

23

338 (32)

338 -

- (32)

- -

Other comprehensive income/(loss), net of tax equivalent Transactions with owners in their capacity as owners Contributions of equity Dividends provided for or paid

(32)

338

306

-

22 24

175 - 175

- - -

- (71) (71)

175 (71) 104

Total transactions with owners

At 30 June 2025

2,237 1,973

(39)

2,575 1,927

4,773 3,895

(5)

At 1 July 2023 Comprehensive income Profit, net of tax equivalent Other comprehensive income, net of tax equivalent

23

381 (2)

381 -

- (2)

- -

Other comprehensive income/(loss), net of tax equivalent Transactions with owners in their capacity as owners Contributions of equity Dividends provided for or paid

-

(2)

381

379

22 24

89 - 89

- - -

- - -

89 - 89

Total transactions with owners

At 30 June 2024

2,062

(7)

2,308

4,363

The above statement of changes in equity should be read in conjunction with the accompanying notes.

86

Western Power Annual Report 2025

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