Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 492

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 492
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 2023, the partnership completed the partial sale of its technology services operation for aggregate consideration of $ 628 524 17

Infrastructure services

Power delivery business

In February 2023, th e partnership’s nuclear technology services operation completed the sale of its power delivery business for gross proceeds of$ 275 resulting in a net pre-tax net gain of $ 14 gain (loss) on acquisitions/dispositions, net.

Nuclear technology services operation

In November 7, 2023, th e partnership completed the sale of its nuclear technology services operation to a strategic consortium led by Cameco Corporation and Brookfield Renewable Partners, a related party to the partnership, for total consideration of$ 3.8 2.4 1.0 0.3 3.7 0.1 3.9 gain (loss) on acquisitions/dispositions, net.

  F-44      Brookfield Business Partners  

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

Industrials

Automotive aftermarket parts remanufacturing operation

During the year, the partnership completed the sale of its automotive aftermarket parts remanufacturing operation, resulting in a pre-tax net gain of $ 49

Energy services operation

On November 8, 2023, the partnership completed the sale of its energy services operation for total consideration of $ 37 resulting in a pre-tax net gain of $ 1 gain (loss) on acquisitions/dispositions, net.

(c)Dispositions completed in 2022

Business services

Digital cloud services operation

In December 2022, the partnership completed the sale of its digital cloud services business for gross proceeds of $ 13 9

Industrials

Public securities

For the year ended December 31, 2022, the partnership recognized a pre-tax net gain of $ 19

NOTE 10. OTHER ASSETS

  (US$ MILLIONS)                    2024                 2023             
 ──────────────────────────────────────────────────────────────────────────
  Current                                                                 
  Work in progress (1)              $           170      $           200  
  Prepayments and other assets      757                  956              
  Assets held for sale (2)                    2,