Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 446

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 446
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 ( 5)                           ( 22)                         ( 84)                                             ( 91)         
  Contributions                                    —                                —                                                      —                           —                              —                                                                                             
  Distributions and capital paid (2)               ( 19)                            —                                                      ( 19)                       ( 17)                          ( 14)                         ( 2,419)                                          ( 2,496)      
  Ownership changes (3)                            16                               5                                                      ( 3)                        7                              ( 6)                          871                                               869           
  Unit repurchases (2)                             —                                —                                                      ( 78)                       —                              —                             —                                                 ( 78)         
  Issuance of BBUC exchangeable shares (4)         —                                47                                                     ( 739)                      ( 680)                                                       —                                                 —             
  Acquisition of interest                          —                                —                                                      —                           —                              —                                                                                             
  Balance as at December 31, 2022                  $                                $                                                      $                           $                              $                             $                                                 $             

____________________________________

(1) See Note 21 for additional information.

(2) See Note 20 for additional information on distributions and Unit repurchases.

(3)Includes gains or losses on changes in ownership interests of consolidated subsidiaries.

(4)See Note 1 and Note 20 for additional information on BBUC exchangeable shares.

The accompanying notes are an integral part of the consolidated financial statements.

  Brookfield Business Partners      F-11  

CONSOLIDATED FINANCIAL STATEMENTS FOR

BROOKFIELD BUSINESS PARTNERS L. P.

CONSOLIDATED STATEMENTS OF CASH FLOW

  (US$ MILLIONS)                                                                                             Notes          2024                         2023                         2022                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Operating Activities                                                                                                                                                                                     
  Net income (loss)                                                                                                            $            895             $          3,777             $            240  
  Adjusted for the following items:                                                                                                                                                                        
  Equity accounted earnings, net of distributions                                                               15           115                           40                            2                 
  Impairment expense (reversal), net                                                                                         981                          831                         ( 9)                 
  Depreciation and amortization expense                                                                         22                        3,204                        3,592                        3,223  
  Gain on acquisitions/dispositions,