Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 497

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 497
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-generating units to which goodwill has been allocated to their recoverable amounts. The recoverable amounts of the partnership’s cash-generating units are determined by calculating their value in use. For each cash-generating unit, this involves estimating expected future cash flows based on forecasted revenues and margins, determining an appropriate discount rate and aggregating discounted expected cash flows to arrive at value in use. The most significant assumptions used in this determination are revenue growth rates, discount rates, and perpetuity growth rates which individually range from 4.6 12.1 8.7 11.9 0.8 3.0 4.3 16.2 8.4 16.7 0.8 11.5 5

During the year ended December 31, 2024, the partnership recorded a goodwill impairment loss of $ 661 599

  Brookfield Business Partners      F-51  

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, 2024, 2023 and 2022

As at December 31, 2024, the recoverable amounts of the partnership’s remaining cash-generating units with material goodwill balances were greater than their carrying values with significant headroom.

Goodwill, net of accumulated impairment losses, is allocated to the following cash-generating units as at December 31, 2024 and 2023:

  (US$ MILLIONS)                                         2024                  2023              
 ─────────────────────────────────────────────────────────────────────────────────────────────────
  Dealer software and technology services operation      $          4,448      $          4,424  
  Engineered components manufacturing operation                     1,785                 1,814  
  Advanced energy storage operation                                 1,639                 1,743  
  Modular building leasing services                                 1,797                 1,905  
  Lottery services operation                                        1,192                 1,210  
  Healthcare services                                    —                     690               
  Other operations                                                  1,378                 2,343  
  Total                                                  $         12,239      $         14,129  

NOTE 15. EQUITY ACCOUNTED INVESTMENTS

The following table presents the economic interest, voting interest and carrying value of the partnership’s equity accounted investments as