Transurban Group Ltd. · ASX:TCL

Transurban — Investor Presentation (January 2025)

21 slides from Transurban's investor presentation, Jan 23, 2025

  1. Slide 1: ASX release: Updated Investor Presentation disclosure

    ASX release 23 January 2025 Updated Investor Presentation disclosure Transurban evaluates its disclosures to ensure they meet the needs of market participants and users of financial information. The detailed financials section to be included in future half-year and full-year investor presentations w

  2. Slide 2: Investor presentation: Disclosure update

    For personal use only Investor presentation Disclosure update 23 January 2025

  3. Slide 3: Disclaimer and basis of preparation

    Disclaimer and basis of preparation For personal use only This publication is prepared by Transurban Holdings Limited (ACN 098 143 429), Transurban International Limited (ACN 121 746 825) and Transurban Infrastructure Management Limited (ACN 098 147 678; AFSL 246 585) as the responsible entity of Tr

  4. Slide 4: Executive summary: list of changes

    Executive summary For personal use only List of changes (with reference to the FY24 Investor Presentation) SLIDE # SLIDE TITLE CHANGE 48 – 50 Traffic and revenue data Redesigned: refer to slides 4 – 7 in attached presentation 51 Traffic data vs FY19 Removed – no longer relevant 52 Proportional toll

  5. Slide 5: FY25 ADT by asset

    FY25 ADT by asset1 For personal use only QUARTERLY ADT FULL YEAR ADT JUN 25 JUN 24 LARGE VEHICLE JUN FY25 JUN FY24 LARGE VEHICLE CHANGE (%) CHANGE (%) ASSET OWNERSHIP (%) QUARTER (’000) QUARTER (’000) TRAFFIC (%) (’000) (’000) TRAFFIC (%) M2 100 130 132 M5 West2 100 170 170 LCT 100 76 79 CCT 100 40

  6. Slide 6: 1H25 ADT by asset

    1H25 ADT by asset1 For personal use only QUARTERLY ADT HALF YEAR ADT DEC 24 DEC 23 LARGE VEHICLE 1H25 1H24 LARGE VEHICLE CHANGE (%) CHANGE (%) ASSET OWNERSHIP (%) QUARTER (’000) QUARTER (’000) TRAFFIC (%) (’000) (’000) TRAFFIC (%) M2 100 134 135 M5 West2 100 171 171 LCT 100 80 81 CCT 100 39 38 ED 75

  7. Slide 7: FY25 Toll revenue by asset

    FY25 Toll revenue by asset1 For personal use only QUARTERLY REVENUE FULL YEAR REVENUE JUN 25 QUARTER JUN 24 QUARTER JUN FY25 JUN FY24 CHANGE (%) CHANGE (%) ASSET OWNERSHIP (%) ($M) ($M) ($M) ($M) M2 100 92 371 M5 West 100 87 346 LCT 100 25 102 CCT 100 21 80 ED 75.1 41 168 M7 50 118 487 NorthConnex 5

  8. Slide 8: 1H25 Toll revenue by asset

    1H25 Toll revenue by asset1 For personal use only QUARTERLY REVENUE HALF YEAR REVENUE DEC 24 QUARTER DEC 23 QUARTER 1H25 1H24 CHANGE (%) CHANGE (%) ASSET OWNERSHIP (%) ($M) ($M) ($M) ($M) M2 100 93 188 M5 West 100 86 173 LCT 100 25 52 CCT 100 20 39 ED 75.1 43 86 M7 50 121 250 NorthConnex 50 43 86 WC

  9. Slide 9: FY25 Reconciliation of statutory PBT to proportional EBITDA

    FY25 Reconciliation of statutory PBT to proportional EBITDA For personal use only FY25 ($M) FY24 ($M) CHANGE (%) Statutory profit before income tax 379 Add: Statutory depreciation and amortisation 1,069 Add: Statutory net finance costs 404 Add: Share of loss of equity accounted investments, inclusiv

  10. Slide 10: 1H25 Reconciliation of statutory PBT to proportional EBITDA

    1H25 Reconciliation of statutory PBT to proportional EBITDA For personal use only 1H25 ($M) 1H24 ($M) CHANGE (%) Statutory profit before income tax 251 Add: Statutory depreciation and amortisation 536 Add: Statutory net finance costs 203 Add: Share of loss of equity accounted investments, inclusive

  11. Slide 11: FY24 proportional result by asset

    FY24 proportional result by asset For personal use only OTHER OPERATING NET INTEREST DEBT INCOME TAX TOLL REVENUE REVENUE EBITDA EBITDA1 PAID DEBT FEES AMORTISATION2 PAID3 FREE CASH ASSET OWNERSHIP (%) ($M) ($M) ($M) ($M) ($M) ($M) ($M) ($M) ($M) M2 100 371 3 300 300 (22) - - - 278 M5 West 100 346 3

  12. Slide 12: 1H24 proportional result by asset

    1H24 proportional result by asset For personal use only OTHER OPERATIING NET INTEREST DEBT INCOME TAX TOLL REVENUE REVENUE EBITDA EBITDA1 PAID DEBT FEES AMORTISATION2 PAID3 FREE CASH ASSET OWNERSHIP (%) ($M) ($M) ($M) ($M) ($M) ($M) ($M) ($M) ($M) M2 100 188 2 156 156 (11) - - - 145 M5 West 100 173

  13. Slide 13: FY25 Proportional net interest paid

    FY25 Proportional net interest paid For personal use only IMPACT TO FREE CASH NO IMPACT TO FREE CASH CAPITALISED CAPITALISED CAPITALISED CAPITALISED INTEREST INTEREST INTEREST INTEREST INTEREST INTEREST NET INTEREST (TO THE (TO THE (TO THE (TO THE PAID RECEIVED PAID1 FACILITY) ASSET) FACILITY) ASSET

  14. Slide 14: 1H25 Proportional net interest paid

    1H25 Proportional net interest paid For personal use only IMPACT TO FREE CASH NO IMPACT TO FREE CASH CAPITALISED CAPITALISED CAPITALISED CAPITALISED INTEREST INTEREST INTEREST INTEREST INTEREST INTEREST NET INTEREST (TO THE (TO THE (TO THE (TO THE PAID RECEIVED PAID1 FACILITY) ASSET) FACILITY) ASSET

  15. Slide 15: FY25 Proportional maintenance spend

    FY25 Proportional maintenance spend For personal use only ASSET OWNERSHIP (%) FY21 ($M) FY22 ($M) FY23 ($M) FY24 ($M) FY25 ($M) M2 100 (6) (5) (11) (18) M5 West 100 (4) (4) (7) (5) LCT 100 (4) (5) (7) (10) CCT 100 (4) (6) (5) (6) ED 75.1 (4) (5) (6) (8) M7 50 (1) (2) (5) (4) NorthConnex 50 - - - - W

  16. Slide 16: 1H25 Proportional maintenance spend

    1H25 Proportional maintenance spend For personal use only ASSET OWNERSHIP (%) 1H21 ($M) 1H22 ($M) 1H23 ($M) 1H24 ($M) 1H25 ($M) M2 100 (5) (2) (5) (5) M5 West 100 - (1) (3) (3) LCT 100 (3) (2) (3) (4) CCT 100 (2) (2) (2) (2) ED 75.1 (1) (3) (3) (3) M7 50 (1) (1) (1) (3) NorthConnex 50 - - - - WCX1 5

  17. Slide 17: FY25 Free Cash

    FY25 Free Cash For personal use only FY25 ($M) FY24 ($M) FY25 FY24 CHANGE (%) Proportional EBITDA 2,651 Free Cash ($M) 1,867 Add back transaction and integration costs related to acquisitions and - Weighted average securities eligible for distribution4 (M) 3,090 disposals Less proportional net finan

  18. Slide 18: 1H25 Free Cash

    1H25 Free Cash For personal use only 1H25 ($M) 1H24 ($M) 1H25 1H24 CHANGE (%) Proportional EBITDA 1,328 Free Cash ($M) 963 Add back transaction and integration costs related to acquisitions and - Weighted average securities eligible for distribution4 (M) 3,088 disposals Less proportional net finance

  19. Slide 19: Group debt as at June 2024

    Group debt as at 30 June 2024 For personal use only AMORTISATION PROPORTIONAL PROPORTIONAL FACILITY FACILITY FACILITY TOTAL FACILITY TOTAL DRAWN TO FREE CASH DRAWN INTEREST PAID (USD M)1 (CAD M)1 ($M)1 ($M)2 ($M)2 BEGINS 3 ($M)2 ($M) CORPORATE DEBT -5 Working capital facilities4 - - 2,650 2,650 - -

  20. Slide 20: Group debt as at December 2023

    Group debt as at 31 December 2023 For personal use only AMORTISATION PROPORTIONAL PROPORTIONAL FACILITY FACILITY FACILITY TOTAL FACILITY TOTAL DRAWN TO FREE CASH DRAWN INTEREST PAID (USD M)1 (CAD M)1 ($M)1 ($M)2 ($M)2 BEGINS 3 ($M)2 ($M) CORPORATE DEBT Working capital facilities4 - - 2,650 2,650 - -

  21. Slide 21: Glossary

    Glossary For personal use only TERM DEFINITION TERM DEFINITION 95 95 Express Lanes M4-M8 M4-M8 link 395 395 Express Lanes M5 EAST M5 East motorway 495 495 Express Lanes M5 WEST M5 West motorway 1H/2H First or second half of a financial year (unless specified otherwise) M7 Westlink M7 A25 A25 toll ro

Transurban Group — Investor Presentation (January 2025) on 6ix