Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 401

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 19
Chunk 401
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 foreign currency rates from the rate at which they are translated;

• Foreign currency derivative contracts are measured as the change in fair value of the derivative as a result of a 10% change in the spot currency rate; and

• The impact on net income results from performing a sensitivity of a 10% change in foreign exchange rates applied to the profit or loss contribution from foreign operations (after considering the impact of foreign exchange derivative contracts).

                    Impact on Net Income to the Partnership                                                    
                    2024                                                   2023                 2022           
  US$ MILLIONS      -10%                                         10%       -10%       10%       -10%      10%  
  USD/GBP           $                                            $            $         $          $        $  
  USD/BRL           ( 14)                                        14       ( 20)        20      ( 23)       23  
  USD/AUD           —                                            —            2      ( 2)       ( 1)        1  

                    Impact on Parent Equity                                                     
                    2024                                    2023                2022            
  US$ MILLIONS      -10%                         10%        -10%       10%      -10%       10%  
  USD/GBP           $                            $          $          $        $          $    
  USD/BRL           31                           ( 31)      ( 15)      15       ( 12)      12   
  USD/EUR           —                            —          ( 1)       1        —          —    
  USD/AUD           —                            —          —          —        ( 43)      43   

F-62 Brookfield Infrastructure Corporation

  BROOKFIELD INFRASTRUCTURE CORPORATION                                                      
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                                 
  As of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022  

(c) Credit Risk Management

Credit risk is the risk of loss due to the failure of a borrower or counterparty to fulfill its contractual obligations.

From a treasury perspective, counterparty credit risk is managed through the establishment of authorized counterparty credit limits which are designed to ensure that our company only deals with credit worthy counterparties and that counterparty concentration is addressed and the risk of loss is mitigated. Credit limits are sufficiently low to restrict our company from having credit exposures concentrated with a