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Chorus Limited (ASX:CNU)

ALERT: Price-sensitive ASX Announcement for CNU
Current share price for CNU : $8.245 0.175 (2.17%)+
Release
29 May 2026 7:30AM
Price at Release
$8.070
Full Release
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Summary
Chorus Limited's 2025 fibre regulatory report details the company's financial performance and regulatory compliance. The report reveals a growth in the fibre Regulated Asset Base (RAB) to $6.0 billion, driven by an increase in core RAB and a decrease in the Financial Loss Asset. Key factors influencing RAB movements include depreciation and revaluation adjustments. Despite these changes, Chorus under-earned its maximum allowable revenue by $101 million, resulting in a wash-up balance of $76.3 million to be carried forward. The report, part of Chorus' Information Disclosure to the Commerce Commission, provides insights into annual financial year comparisons, highlighting significant revenue and cost changes.
Key Points
  • Chorus' fibre Regulated Asset Base (RAB) grew to $6.0 billion in 2025.
  • Core RAB increased by $221 million, while the Financial Loss Asset decreased by $130 million.
  • Depreciation and revaluation adjustments were significant factors in RAB changes.
  • Chorus under-earned its maximum allowable revenue by $101 million in 2025.
  • A wash-up balance of $76.3 million will be carried forward to PQP3.
  • Financial year comparisons reveal significant changes in revenue and costs.
  • Chorus provides Information Disclosure (ID) reporting to the Commerce Commission annually.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.