Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 145

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 5
Chunk 145
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 Unitholders              $                            5,117      $         5,576  

The following table is a summary of our equity attributable to Unitholders by segment as at December 31, 2024 and December 31, 2023. This is determined based on the partnership’s economic ownership interest in the equity within each portfolio company. The partnership’s economic ownership interest in the equity within each portfolio company excludes amounts attributable to non-controlling interests consistent with how the partnership determines the carrying value of equity in its consolidated statements of financial position. Equity attributable to Unitholders reconciles to limited partners, redemption-exchange units, special limited partners and BBUC exchangeable shares in the consolidated statements of financial position.

  (US$ MILLIONS)         Business services      Infrastructure services                                     
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────
  December 31, 2024                 $3,473                       $3,295      2,352      (4,003)      5,117  
  December 31, 2023                 $3,418                       $3,534      2,155      (3,531)      5,576  

5. B LIQUIDITY AND CAPITAL RESOURCES

Liquidity and capital requirements are managed through cash flows from operations, use of credit facilities, opportunistically monetizing mature operations and refinancing existing debt. We aim to maintain sufficient financial liquidity to meet our ongoing operating requirements and to fund debt service payments, recurring expenses, required capital expenditures, and acquisition opportunities as they arise. In addition, an integral part of our strategy is to pursue acquisitions through Brookfield-led consortium arrangements with institutional partners or strategic partners, and to form partnerships to pursue acquisitions on a specialized or global basis. Brookfield has an established track record of leading such consortiums and partnerships and actively managing underlying assets to improve performance. Overall, we believe our liquidity profile is strong, positioning us and our businesses well to take advantage of accretive investment opportunities.

Our principal sources of liquidity are financial assets, undrawn credit facilities, cash flows from operations, monetizations of businesses, and access to public and private capital markets.

  96      Brookfield Business Partners  

The following table presents non-recourse borrowings in subsidiaries of the partnership by segment as at December 31, 2024 due over the next five years:

  (US$ MILLIONS)                                                 Business services                  Infrastructure services                 Industrials (1)                          
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