Dale Koenders's questions to Woodside Energy Group Ltd (WDS) leadership • H1 2025
Question
Dale Koenders from Barrenjoey sought clarification on a discrepancy between CapEx reported in the Q2 update versus the cash flow statement. He also asked why cash tax payments were higher than the tax expense and how that might trend in the future.
Answer
Executive VP & CFO Graham Tiver explained the main difference in CapEx figures is the inclusion of capitalized borrowing costs in the cash flow statement. Regarding taxes, he noted that numerous factors, including pricing and PRRT, influence cash tax payments, making precise forward guidance difficult.