Notes to the financial statements (continued) Section 2: Profit for the reporting years presented (continued) 5. Expenses
B. Depreciation and amortisation expense See table 5 below. i. Capitalised depreciation
Capitalised depreciation represents charges for fleet assets used in the course of construction.
A. Employee related expenses See table 4 below.
Table 4: Employee related expenses
2024/25 $M
2023/24 $M
Wages, salaries and other employee benefits Superannuation
(216) (60) (276)
(206) (49) (255)
Refer to note 25(b) for details of ‘total compensation’ to Western Power’s key management personnel.
Table 5: Depreciation and amortisation expense
2024/25 $M
2023/24 $M
Note
Depreciation expense – property, plant and equipment Buildings Plant and equipment Capitalised depreciation
(9) (447) 11 (445) (51) (7)
(8) (422) 10 (420) (50) (11)
5(b)(i)
Amortisation expense – intangible assets Computer software Intellectual property Depreciation expense – right-of-use assets Fleet Other equipment Capitalised depreciation
(61) (12) (2) 7
(58) (21)
6 8
5(b)(i)
(7)
(7)
(510) (488) Refer to notes 11(a)(ii), 11(b)(ii) and 12(a)(ii) for details of the depreciation and amortisation methods and estimated useful lives applied.
Western Power Annual Report 2025
93
Made with FlippingBook. PDF to flipbook with ease