Company: BIP-PB
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014380
Chunk: 550

Company: Brookfield Infrastructure Partners L.P.
Filing Date: 2025-03-24
Form: 20-F
Item: Item 19
Chunk 550
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                                                                             26          ( 44)           ( 3)  
  Indian toll roads (3)                                                                                 51          ( 15)          ( 26)  
  Midstream                                                                                                                               
  Canadian diversified midstream operation                                                             568         ( 713)            144  
  North American gas storage operation                                                                  61          ( 37)          ( 26)  
  Canadian natural gas gathering and processing operation                                              197          ( 68)         ( 153)  
  Data                                                                                                                                    
  U. S. colocation data center operation                                                              ( 5)         ( 300)            318  
  Australian data center operation                                                                       5         ( 131)            114  
  Indian telecom tower operation                                                                       315         ( 243)          ( 28)  
  Corporate                                                                                                                               
  Holding LP and other                                                                              ( 132)         ( 310)            362  

(1) Refer to Note 7, Acquisition of Businesses, for further details.

(2) Refer to Note 5, Disposition of Businesses, for further details.

(3) Indian toll roads include our investments in BIF India Holdings Pte Ltd

(4) Our partnership’s cash from operating activities include reduction to cash related to the impact of our finance lease receivables signed at our North American residential decarbonization infrastructure business. The operation presents an outflow for the cost of inventory within the operating cash flows, and given the business has been securitized since 2019, the corresponding cash outflows are offset by increases in non-recourse borrowings under financing activities on the Consolidated Statements of Cash Flows.

Brookfield Infrastructure F-87

  BROOKFIELD INFRASTRUCTURE PARTNERS L. P.                                                   
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)                                     
  As of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022  

NOTE 27. INCOME TAXES

Our partnership is a flow through entity for tax purposes and as such is not subject to taxation. However, income taxes are recognized for the amount of taxes payable by the partnership’s corporate subsidiaries and for the impact of deferred tax assets and liabilities related to such subsidiaries.

(a) Deferred Income Tax Balances

The sources of deferred income tax balances are as follows:

                                                                                  As of December 31,                                              
  US$ MILLIONS                                                                    202