Company: BBU
Filing Date: 2025-04-10
Form Type: 20-F
Source: 0001628280-25-017216
Chunk: 498

Company: Brookfield Business Partners L.P.
Filing Date: 2025-04-10
Form: 20-F
Item: Item 19
Chunk 498
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 at December 31, 2024 and 2023:

  (US$ MILLIONS, except as noted)      Economic interest (%)                     Voting interest (%)                     Carrying value                       
                                       2024                       2023           2024                     2023           2024                2023             
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Business services                    11% - 50%                  14% - 50%      11% - 50%                14% - 50%      $                   $           465  
  Infrastructure services              17% - 50%                  17% - 50%      17% - 50%                17% - 50%      969                           1,058  
  Industrials                          13% - 54%                  13% - 54%      13% - 50%                13% - 50%      639                 631              
  Total                                                                                                                  $                   $         2,154  

The following table presents the change in the equity accounted investments balance for the years ended December 31, 2024 and 2023:

  (US$ MILLIONS)                                    2024                   2023             
 ────────────────────────────────────────────────────────────────────────────────────────────
  Balance at beginning of year                         $      2,154           $      2,065  
  Additions                                          372                    464             
  Dispositions                                     ( 29)                 ( 354)             
  Share of net income (loss)                          90                    132             
  Share of other comprehensive income (loss)       ( 13)                      1             
  Distributions received                          ( 206)                 ( 172)             
  Foreign currency translation                     ( 43)                     18             
  Balance at end of year                               $      2,325           $      2,154  

On September 17, 2024, the partnership completed an investment of $ 156 11

  F-52      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

The following tables