Creating Stakeholder Value
Near-term interest rate protection notes
Footnotes to slide 10 (Supporting distribution growth) and slide 20 (Near term interest rate protection)
2. Based on 1H22 proportional toll revenue by asset excluding Roam Tolling and Tollaust revenue.
3. CPI linked category includes assets where toll prices increase at CPI or at the greater of CPI or a fixed percentage. Fixed at 4.25% (until 2029) category includes CityLink, where tolls
escalate quarterly by an equivalent of 4.25% per annum to 30 June 2029 and quarterly CPI thereafter, which cannot be lowered as a result of deflation. Dynamic category includes the
95 Express Lanes and 495 Express Lanes, where toll price increases are dynamic and uncapped.
4. Illustrative interest rate impact calculation assumes the weighted average cost of AUD debt (proportional drawn debt exclusive of letters of credit).
5. Illustrative CPI revenue impact calculation is based on FY21 proportional toll revenue and traffic mix (which may vary in the future) and shows the estimated incremental revenue from
a 1% increase in CPI (as appropriate to each asset) relative to the annualised CPI for each asset in the June 2021 quarter. The analysis assumes that the CPI increase occurs annually
on 1 July each year and excludes assets that have dynamic pricing, as well as Roam Tolling and Tollaust revenue.
Transurban
44View entire presentation