Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 521

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 521
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  December 31, 2023      $                    53      $                                      ( 53)      $                    ( 60)      $                

Foreign currency risk

Changes in currency rates will impact the carrying value of financial instruments and the partnership’s net investment and cash flows denominated in currencies other than the U. S. dollar. The partnership enters into foreign exchange contracts designated as net investment hedges to mitigate the impact from movements in foreign exchange rates against the U. S. dollar.

The following tables summarize the partnership’s currency exposure as at December 31, 2024 and 2023:

  (US$ MILLIONS)                                                                                                                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Assets                                                                                                                        
  Current assets                                     7,505       1,111        637      1,199      1,620      1,575      15,339  
  Non-current assets                                27,132       9,426      2,197      4,750      8,019      5,681      60,135  
                                                    34,637      10,537      2,834      5,949      9,639      7,256      75,474  
  Liabilities                                                                                                                   
  Current liabilities                                5,716       1,839        507        715      1,288        909      12,166  
  Non-current liabilities                           23,152       7,634                 4,061      5,357      4,583      46,000  
                                                    28,868       9,473      1,245      4,776      6,645      5,492      58,166  
  Interest of others in operating subsidiaries       3,834                  1,136                 2,030      1,249      11,451  
  Preferred securities                                                                                                          
  Unitholder equity                                  1,195         476        453        643        964        515       5,117  

  Brookfield Business Partners      F-75  

Table of Contents

BROOKFIELD BUSINESS PARTNERS L. P.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

As at December 31, 2024 and 2023 and for the years ended December 31,