Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 332

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 5
Chunk 332
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 of Brookfield Renewable Partners L. P., BRELP, BRP Bermuda Holdings I Limited, Brookfield BRP Europe Holdings Limited, and BEP Subco Inc (together, the "guarantor subsidiaries"). The other subsidiaries of Brookfield Renewable do not guarantee the securities and are referred to below as the “non-guarantor subsidiaries”.

Pursuant to Rule 13-01 of the SEC's Regulation S-X, the following table provides combined summarized financial information of Brookfield BRP Holdings (Canada) Inc. and the guarantor subsidiaries for the year endedDecember 31:

  (MILLIONS)                                           2024      2023      2022  
  Revenues (1)                                         $         $         $     
  Gross profit                                         —         —         —     
 ─────────────────────────────────────────────────────────────────────────────────
  Dividend income from non-guarantor subsidiaries      746       511       777   
  Net income                                           547       428       708   

(1) Brookfield Renewable's total revenues for the year ended December 31, 2024 were $5,876 million (2023: $5,038 million and 2022: $4,711 million).

  (MILLIONS)                   December 31, 2024                 December 31, 2023             
 ───────────────────────────────────────────────────────────────────────────────────────────────
  Current assets (1)           $                        392      $                        776  
  Total assets (2)(3)          507                                                      2,521  
  Current liabilities (4)                             7,259                             8,399  
  Total liabilities (4)                               7,698                             8,455  

(1) Amount due from non-guarantor subsidiaries was $383 million (2023: $767 million).

(2) Brookfield Renewable's total assets as at December 31, 2024 and December 31, 2023 were $94,809 million and $76,128 million.

(3) Amount due from non-guarantor subsidiaries was $408 million (2023: $2,421 million).

(4) Amount due to non-guarantor subsidiaries was $6,629 million (2023: $8,045 million).

OFF-STATEMENT OF FINANCIAL POSITION ARRANGEMENTS

Brookfield Renewable does not have any off-statement of financial position arrangements that have or are reasonably likely to have a